What We Do

Bridging Finance Solutions enables the different role players in a property transaction to access funds tied up in the registration process.
We offer the following bridging finance solutions:

ADVANCED ESTATE AGENT’S COMMISSION

Estate Agents no longer have to wait until registration for their hard-earned commission. Bridging Finance Solutions can advance up to 80% of the agent’s commission before registration once:

  • A successful sale agreement between buyer and seller has been concluded
  • Finances are secured
  • All suspensive conditions about the sale have been complied with

Benefits to estate agents:

  • Agencies can plan their cash flow, and by doing this, focus their attention on sales
  • Principals can assist agents who require cash flow assistance
  • Bridging Finance Solutions will assist with monitoring the transfer from date of payment up until registration and will advise the agency accordingly of the progress on each deal
  • Bridging Finance Solutions will assist Estate Agencies and individual agents with advances on their commission.

SELLERS PROCEEDS

One of the property industry’s biggest frustrations is the lengthy period it takes for the profits to be accessible after the sale of a property. Waiting for a property to be registered in the name of its new owner can be a tedious process, creating considerable setbacks in allowing you to access funds.
Once the buyer’s request for finance has been approved, Bridging Finance Solutions can advance up to 80% of your proceeds, enabling you to tap into your proceeds/profits faster before registration once:
• A successful sale agreement between buyer and seller has been concluded
• The purchase price has been secured
• All suspensive conditions about the sale have been complied with

2ND FURTHER & SWITCH BOND

Registering a further bond switching your bond to another bank, but funds will only be released on registration? Bridging Finance Solutions can advance up to 80% of bond proceeds where:

  • 2nd or further bond is being registered
  • bond is being switched from one financial institution to another

The following conditions apply:

  • The borrower must be the registered owner of the property
  • A bond must be granted in full by a registered financial institution

TRANSFER DUTY & RATES & TAXES TO CONVEYANCERS

Benefits to conveyancer:

  • Enables the conveyancer to draw on funds that are included if and when required, thereby eliminating delays in the transfer process.
  • Speeds up the transfer process enabling the conveyancer to provide a better service to estate agents, buyers, sellers, and banks.

Bridging Finance Solutions can advance transfer fees to conveyancers in the following circumstances:

  • A successful sale agreement must be concluded between buyer and seller
  • All suspensive conditions about the sale must be complied with
  • Funds must be included in the transaction
  • Bridging Finance Solutions can provide you with the required funds, eliminating delays in the transfer.

INHERITANCE

If you are a beneficiary in a deceased estate and need an advance on your inheritance, settle inheritance tax bills or release funds earlier from a pending sale, often make improvements before purchase, and enable a maximizing of sale price under controlled sale conditions.

Bridging Finance Solutions can provide you with the required funds, which eliminates delays in the finalization of the estate.

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P.O. Box 2829, Windhoek, Namibia

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