Without an escape strategy in place, a lot of people wouldn’t qualify for a connecting loan

The fresh new get-off method is vitally important in virtually any bridging financing deal, plus the healthier your own is actually, a lot more likely you are for top level costs.

Very leave strategies include sometimes a-sale otherwise a remortgage, therefore the bank will need one demonstrably evidence that your agreements was attainable.

They needless to say facilitate when you yourself have an offer available (getting a property selling) otherwise a good remortgage contract the theory is that in place.