How long should a bridge loan take to get approved

[turnkeymaker 0]

Hello,

     This is a question for any property investor who had used Bridge loan to finance Buy to let

How long does it normally take to get a bridge loan after you have gotten the loan in principle from the bridge loan lender?

Does purchasing a lease hold property affect the time it take for the lender to finally approve the loan? If yes, please for how long

[Stuart Phillips 254]

How long is a piece of string...

If you want the best rates, the lenders you approach are going to do levels of due diligence akin to a standard mortgage, ive done bridges that took 2 months to complete. If you are prepared to pay any price i could arrange a bridge in a week. Typically its a balance between these factors

Yes, a leasehold brings some additional legal work and will delay things.