Why Is My Re-Finance Application Taking So Long?

One of the main strategies for property investors is to make their money work hard for them. A key way to do this is to recycle funds through deals quickly and efficiently in order to keep acquiring more properties, whilst increasing cash flow and overall equity in the portfolio.

It is a brilliant strategy however sometimes you can get stuck! And more often than not this will be when it comes to the re-finance (pulling your money out of the deal).

A while back, you could buy a property today and refinance it tomorrow, this lead to huge accumulation of wealth by those investing in property at the time, however now you need to wait 6 months in order to submit an application.

A slower process yes, but still extremely effective.

However, is there anything we can do to speed up this process?

Yes, there are different ways you can do – for example the use of bridging finance! Watch the video to find out more.

Any questions, reach out to us! We are happy to  help.