There are many of reasons you may be looking into short term lending, it can come in handy in several different areas as it can provide you with the cash to use for things such as buying a property, investments or tax bills – the choice is yours.
Whether you’re looking to buy your next home when you have not sold your current property first, or whether you’re looking to carry out home improvements to make the property suitable for a standard term or lifetime mortgage, short term lending is designed to help people complete the purchase of a property before selling their existing home by offering them short-term access to money.
A standard application can take from 2-4 weeks to complete. However, each case is different.
Your home may be repossessed if you do not keep up repayments on your mortgage or another debt secured on it.