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Quick property sale, a viable alternative to bridging loans

Quick sale Sometimes, getting a bridging loan is not the right choice. As an example, if you are seeking cheap bridging finance because of a break in a property sale chain, then whilst a short term advance may seem like a good idea on the face of it, your home may not sell for up to a year, forcing you to pay massive amounts of interest. This is where a quick property sale may come in. So you may not get full value on your home, but a fast house sale can save you piles of money on future mortgage payments, plus the extra interest that is accrued in the bridging. Quick property sale Obviously, you are under no obligation to accept the offer that our chosen quick property sale company makes you. And there is no pressure put on you to sell. If you are not happy with the offer made to you, you can simply sale no. At the very least you can find out just how much your home is worth in a private sale. And if you are not happy with it, then applying for a cheap bridging loan is still an option open to you.