Together Money Bridging
Speedy Decision-Making: Together is known for offering rapid decisions on bridging finance, often providing agreement in principle (AIP) within hours. This helps brokers to meet tight deadlines for clients looking to move quickly.
No Maximum Loan Size: Unlike some lenders, Together Money has no upper limit on the loan size for bridging finance, giving brokers flexibility when dealing with high-net-worth clients or large projects.
Lending Against a Wide Range of Property Types: They are willing to lend on non-standard properties, including semi-commercial units, HMOs, and uninhabitable buildings, providing brokers with options for clients dealing with unusual properties.
Flexible Exit Strategies: Together is open to considering multiple exit strategies, such as refinance or property sale, making it easier for brokers to find tailored solutions for their clients’ needs.
Adverse Credit Considered: Together Money can accommodate clients with less-than-perfect credit histories, including CCJs and defaults, making it an excellent option for brokers with clients who may struggle with mainstream lenders.
Lending to Complex Borrowers: They are experienced in dealing with complex borrowers, including those with multiple income streams, overseas investors, and limited companies, broadening the broker’s client base.
Low Early Redemption Fees: Together’s bridging loans often come with low or no early redemption charges, giving clients the flexibility to repay as soon as they are ready, without facing hefty penalties.
Flexible Loan Terms: With terms ranging from one month to 24 months, Together provides a high level of flexibility, allowing brokers to tailor solutions based on the client’s short-term financing needs.