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Latest News

Base rate remains the same despite European cut

The Bank of England has kept interest rates unchanged at a record low of 0.5%, for the 50th consecutive month. The Bank’s Monetary Policy Committee has also, in a move widely anticipated by markets, kept quantitative easing on hold at £375 billion. This came despite further monetary easing in the Eurozone last week, in the form of an interest rate cut from 0.75% to 0.5%.
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Bridging Finance

Bridging finance is the term used to describe interest only, short term loans (usually up to 12 months) secured on land or property. Speed of completion is usually critical as bridging facilities are often required to resolve a temporary cash flow problem or to meet tight deadlines.

Knight Frank Finance is able to completely manage transactions on clients’ behalf – keeping you up to date with regular communication to ensure clients are kept informed at every stage of the process.

Bridging Loans

Speed is crucial with bridging loan finance, and in principle, decisions can often be made within an hour or two. Knight Frank Finance’s rapid completions process means that your funding is typically available within five working days if required.

There are a number of flexible payment options including, interest roll-ups and staged capital repayments. If required, your Bridging Finance could be converted to a long-term loan.