Tiger Bridging launches products for Scotland

Home / Uncategorized / Tiger Bridging launches products for Scotland

Tiger Bridging have expanded to offer Scottish bridging loans

Tiger Bridging launches bridging finance in Scotland! Due to the unique and flexible funding lines at Tiger Bridging, we are able to “bridge the gap” in Scottish short term bridging finance.

Due to the unique and flexible funding lines at Tiger Bridging, we are able to “bridge the gap” in short term bridging finance options that are available for the thriving Scottish property sector.

Whilst the short term bridging loan market in the South East of England is enjoying a period of high growth with strong demand and numerous product providers, the Scottish market is undeservedly ill catered for by many companies South of the border.

However, through our exclusive network of high net worth investors and hedge fund partners, we are able to offer competitive bridging finance for property investments throughout Scotland.

Where the property is located within the main cities of:

  • Aberdeen
  • Edinburgh
  • Glasgow

The Open Market Value (QMV) can often be used. Out of these areas we would look at the Forced Sale Value (FSV) with the special assumption of a restricted marketing period of 90 days.

LOAN CRITERIA

Asset Type Rate Ltv OMV/FSV
Residential Investment 1% + 70 – 75% OMV
Commercial Property 1.25% 65% OMV/FSV
Land With Planning 1.5% 50% FSV
Farm Land 1.5% 60% OMV/FSV

All types of credit status will be looked at on a case by case basis including heavy adverse and ex bankrupts.

Acceptable valuers in Scotland are:

  • DM Hall
  • Graham and Sibbald
  • Shepherds

Get in touch today to apply for bridge financing for Scottish property.