KIS Bridging Loans Reviews

Name: KIS Bridging Loans
Address: Simmonds Place, Saunders Way, Cullompton, Devon
Rating: 4.97

5.0 Rating 265 Reviews

99 %

of reviewers recommend KIS Bridging Loans

Company Reviews

Metrics

Info

5.0

Based on 265 reviews

Shipping & Delivery
Delivery Methods	Postal Service, Courier
On-time Delivery	100%
Customer Service
Communication Channels	Email, Telephone, Live Chat
Queries Resolved In	Under An Hour
Customer Service	5 out of 5

Visit Website

Phone:

0800 644 6555

Email:

info@kisfinance.co.uk

Location:

Simmonds Place,
Saunders Way,
Cullompton
Devon
EX15 1BS

KIS Bridging Loans 5 star review on 30th March 2023

Anonymous

Anonymous // 01/01/2019

Filter: Rated 3 None 5 Stars 4 Stars 3 Stars 2 Stars 1 Stars Helpful Language: Any Any

English

“The bridging loan process ended up taking around 4 months, which was longer than anticipated. However, Sam was very communicative throughout and kept me updated at every stage. I appreciated his transparency and persistence in getting everything over the line. Hopefully, things move quicker next time, but overall, a solid experience.”

Helpful Report

Hello Thank you for your review and the kind words that you said about Sam. I am however sorry that you feel the whole process took longer than you had hoped. Following your review comment I have looked into this, and the delay was due to others involved in this property purchase. This is frustrating and often the case with property purchases, especially where the sellers and their solicitors are not in a rush and slow to do anything. I hope that this project is a huge success for you, and that it is the first of many. Thank you for your business, it is very much appreciated. All the best Holly Andrews (Director)

“We were very disappointed that the eventual rate of interest offered was significantly higher than originally indicated as likely. It moved from acceptable to extortionate, but the offer came so late that we had no alternative but to accept in order to complete the transaction without further penalty orcost”

Helpful Report

We are very sorry that you are disappointed with your bridging loan facility. Indeed we did originally quote you a monthly interest rate of 0.59% per month and the rate you eventually received was 0.74%. However if you remember the initial quote was based on using a certain property as security, but this was changed to a different property that had a lower value. The 0.59% plan is available up to 50% loan to value and changing properties meant that the loan to value increased significantly. This meant the monthly rate of interest increased by 0.15% to 0.74%. All other costs remained the same as the original quote we provided. In addition you mention that the offer came late, when we actually provided you with the best possible deal available on the market (based on your circumstances and loan to value), within 15 days of you making your application! It was 11 working days from making your application to funds being released, and probably would have been quicker if we had stuck with the original property offered as security. Again, we are sorry that you are disappointed, but we did our best.

KIS Bridging Loans is rated 5.0 based on 265 reviews