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Bridging Loans Spain

Bridging Loans Spain

Belgravia Property Finance have a few very unique funding options for short term loans in Spain. Mostly these options are restricted to first charge bridging loans against residential property in popular high end locations. Loan to values are typically conservative.

A normal scenario for a bridging loan in Spain

Client has recently completed the build or refurbishment of a villa and now requires to refinance the loan that he borrowed to develop the property and also raise an additional amount to purchase a new development site. He intends to sell the property but knows this may take 6-12 months to achieve the best price. We arrange a facility secured as a first charge for a term of up to 18 months allowing enough time for the sale to go through. Client is a UK national although non UK domiciled for tax purposes.