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Contact Details

For more information, contact Investment Division on: 011 290 6690.

Or alternatively contact:

Trust for Urban Housing Finance
1st Floor, UCS House
209 Smit Street
Braamfontein

Tel: 011 276 1440
Fax: 011 339 1784
E-mail: info@tuhf.co.za
Website: www.tuhf.co.za


Bridging Finance Facility

Bridging Finance Facility

The most competitive bridging finance available

As a leading financier of rental housing within the city centres, TUHF provides a range of financial products which have been specifically designed to cater for the needs of this specialised market.

One of these products is Bridging Finance, which enables investors to cover temporary needs, where a quick decision is required. TUHF offers bridging finances for:

The balance of purchase price:

  • Clients who have bought a property and have a short time to raise the necessary balance e.g. at an auction
  • Clients who have sold property and require their share of the purchase price before registration of transfer

Rate Clearance Certificates:

  • Where the seller cannot pay the RCC
  • Where the purchaser wishes to offset the RCC payment against the purchase price of the building

Construction loans:

  • Specifically for refurbishments or conversions
  • Long-Term loans can be raised once the construction risk is over


 

Sectional Title Body Corporate loans:

  • Refurbishment loans
  • Consolidation of debt loans

TUHF's Bridging Finance has been designed to provide solutions to problems that investor's face when raising loan term finance for the purchase of an inner city building. TUHF's Bridging Finance is competitively priced and, depending on the requirements of the particular problem, quickly available. Cost to client is based on the level of security available with the highest price being for unsecured loans.

TUHF's ideal is to work with people who:

  • Know the neighbourhood in which they're investing i.e. the city centre
  • Have the right property management skills and property development skills
  • Have the right network of contacts
  • Are proud of owning well-maintained, clean buildings
  • Are confident they will make sufficient profit from their business to keep going
  • Are competent rental housing entrepreneurs

TUHF finances transactions not wishes. Prospective clients should already own a building, be in possession of a signed deed of sale or have a clear strategy to obtain property.