Great video Saj. I'm looking to get a 100% bridge for a potential property that I'll be viewing in a few days. As I'm viewing it before it hits the market, the rate of the property is well below the going market price. I currently own properties via an LTD company and wanted to know if you have any recommended bridging loan providers with potential remortgage providers for SPV ltd companies which would make my journey a bit easier.....
Assalamulaikum Saj, Thank you for these brilliant and very informative vedios. I live in Birmingham and do you have any accountant in property you would recommend. Want to buy a few small properties under limited company. Perhaps if you could offer me an appointment to discuss what best suits our family needs. Thank you Fayaz
Interest is not. However, I can connect you with a company that uses a sharia compliant structure in providing bridging loans. To access my contacts, use this link www.sajhussain.com/access-sajs-contacts/
Great videos!! I an interested to know more about using 2nd charge bridging loan to reduced the deposit amount on a property I'm interested in. Do you have a bridging lender/broker that you can recommend I can discuss this with.
Are assume you are Muslim, do you know these loans and all interest based borrowings are haraam, so advising other brothers and sisters following your guides will be doing haraam also.
When refinancing will the morgage lender ask you to be on the bridge for at least 6 months? (as in be an owner for 6 month?). or can a be on a bridge for 2 months and than move to a mortgage?
I was just thinking about this just the other day. Top video Saj, thanks for the high level example. Made it clear to picture the costs involved in bridging. A similar video re auctions would be great. M
Brilliant Saj , my nephew is about to start his property business, this was just the perfect video we were looking for , so much information, covering all the important points.
Would appreciate if anybody could reply to this question, I’ve came across a property that is BMV it’s a HMO, was going to try bridging loan, I’ve never used bridging finance before, are you always guaranteed to get a mortgage ? Would it be under a buy to let mortgage or a commercial mortgage it already has sitting Tenants.
In my opinion, bridging is very similar to shorting and trading derivatives in the stock market; if you don’t know what you’re doing you’ll get burnt. As always, using debt as a tool of leverage needs to be done strategically and you need cash to cover your position. Don’t invest in what you can’t afford and if you’re bridging on speculation it’s very dangerous. I feel you need to be an experienced investor before sourcing a bridging deal, or even be mentored/observe somebody doing a deal to understand the processing. A good mentor in this industry is invaluable.
Thanks. I found this video at exactly the right time. I'm considering bridging for the first time and youve just broken it down perfectly.
Glad it helped!
Second that! I’m about to dip my toe into bridging for the first time too! 💪🏽
Excellent video. The pitfalls and break down of possible extra fees was especially helpful! Thank you.
Glad you enjoyed it!
Fantastic great financial information thank you so much take care stay safe
Thanks, you too!
Very well explained. Thank you, Sir!
Excellent video Saj, plenty really useful information and pointers.
Think these are great value add videos! I really enjoy the content and am grateful you are sharing your experiences. Thank you.
Glad you like them!
Thank You. You have answered my question asked in your previous video. Great content as always 👍🏻
Really appreciate the support Faizal.
Thanks for making this video, you explained it very well.
Glad it was helpful!
Great content Saj, thank you for sharing valuable tips on the topic of Bridge. I have definitely learnt something new here.
Glad it was helpful!
Brilliant info. 💪
Very informative thank you very much
Very informative video thanks Saj.
Glad you liked it Resh.
It's really useful video Saj thank you
Welcome 😊
Good video, so much information on BL, yet delivered very simply, thank you Saj.
Thank you for your kind words Nadeem.
Excellent
Great video Saj. I'm looking to get a 100% bridge for a potential property that I'll be viewing in a few days. As I'm viewing it before it hits the market, the rate of the property is well below the going market price. I currently own properties via an LTD company and wanted to know if you have any recommended bridging loan providers with potential remortgage providers for SPV ltd companies which would make my journey a bit easier.....
To access my contacts, use this link www.sajhussain.com/access-sajs-contacts/
Hi Saj, would you have details of recommended Bridging Loan brokers? Many thanks
Use this link to get the details: sajhussain.com/access-sajs-contacts
Great video content. Very useful information
Thank you Abdul, make sure to share this video with friends and family if you find it useful.
wow
Assalamulaikum Saj, Thank you for these brilliant and very informative vedios. I live in Birmingham and do you have any accountant in property you would recommend. Want to buy a few small properties under limited company. Perhaps if you could offer me an appointment to discuss what best suits our family needs.
Thank you
Fayaz
Wasalaam Fayaz. To access my contacts, use this link www.sajhussain.com/access-sajs-contacts/
Please be aware interest based loans and mortgages for making money is totally haraam
@@umartai4104 agreed and there are many other ways to do deals avoiding interest altogether.
Is it halal?
Interest is not. However, I can connect you with a company that uses a sharia compliant structure in providing bridging loans. To access my contacts, use this link www.sajhussain.com/access-sajs-contacts/
Great, Thanks a lot @@TheSajHussain
Great videos!! I an interested to know more about using 2nd charge bridging loan to reduced the deposit amount on a property I'm interested in. Do you have a bridging lender/broker that you can recommend I can discuss this with.
To access my contacts, use this link www.sajhussain.com/access-sajs-contacts/
Are assume you are Muslim, do you know these loans and all interest based borrowings are haraam, so advising other brothers and sisters following your guides will be doing haraam also.
Umar, just to be very clear I am not advising people to do this. I am explaining how it works.
Thanks Saj great video so informative. We’re looking at getting a loan for a investment this was so helpful.
Great video never realised there were so many costs.
Hi saj can I buy proporty with bridging loan down payments..
No 6 - don't buy a large dilapidated listed building when you have no experience. Don't be a silly Samuel!
Dilapidated listed buildings can be a money pit
Hi bro..can you recommend a good broker for bridge to let lending
I used to work at a small private bank that sold what they called High Speed Bridging Loans. They went bust during the financial crash of 2008.
We have to be really careful who we pick to work with.
Great advice as always Saj
When refinancing will the morgage lender ask you to be on the bridge for at least 6 months? (as in be an owner for 6 month?). or can a be on a bridge for 2 months and than move to a mortgage?
You can bridge for shorter periods (if that is what you are asking).
thank you sir. i love your honesty and passion to share your experiences. I have subcribed.
Thanks for the sub!
I was just thinking about this just the other day. Top video Saj, thanks for the high level example. Made it clear to picture the costs involved in bridging. A similar video re auctions would be great. M
Thank you Michael, if reauctions is something that interests people I will definitely keep it in mind for a future video.
Brilliant Saj , my nephew is about to start his property business, this was just the perfect video we were looking for , so much information, covering all the important points.
I'm glad that these videos are useful to you and your nephew!
please do you have good broker for London area for hmo property
To access my contacts, use this link www.sajhussain.com/access-sajs-contacts/
very helpful Saj
Thanks Jag
Explained the simplest way possible
Thank you Reza
Thanks for the information 👍
You are most welcome
Would appreciate if anybody could reply to this question, I’ve came across a property that is BMV it’s a HMO, was going to try bridging loan, I’ve never used bridging finance before, are you always guaranteed to get a mortgage ? Would it be under a buy to let mortgage or a commercial mortgage it already has sitting Tenants.
Excellent detail Saj! Those tips are great, I've been exploring the idea of bridging, and this is comprehensive.
Too much fee's
Definitely not cheap.
Best bridging loans video
Is it good to have a bridge loan or no
As a new investor should i avoid bridging?
It's not necessarily about avoiding, it's about understanding what you are committing to.
In my opinion, bridging is very similar to shorting and trading derivatives in the stock market; if you don’t know what you’re doing you’ll get burnt. As always, using debt as a tool of leverage needs to be done strategically and you need cash to cover your position. Don’t invest in what you can’t afford and if you’re bridging on speculation it’s very dangerous. I feel you need to be an experienced investor before sourcing a bridging deal, or even be mentored/observe somebody doing a deal to understand the processing. A good mentor in this industry is invaluable.
I agree you need to fully understand a bridging loan before entering into it.
saj do you have a good broker you can recommend me? thanks
To access my contacts, use this link www.sajhussain.com/access-sajs-contacts/