They had looked at buying another residential property last year with little success. With their past experience and with their knowledge of the current buoyant market they knew they needed to front foot it with their next offer.
Richard and Paula called dm consult to organise open bridging finance which would enable them to place a cash offer without having to sell their existing property first.
It’s no mean feat to have an open bridging finance approved as you need to be in a strong financial position, however Richard and Paula have worked hard over the years to position themselves to enable them to obtain this type of facility. Which means the Bank was supportive of their request, enabling them to place a successful clean cash offer on the property which they will be moving into in the near future!
Congratulations and thanks for the opportunity to assist you again with finance and achieving your property goals.
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