Plan your financial future with a bridging loan
Plan, Invest, Save
From £20k to £30M.
Experts can help, whatever your circumstances and status.
Loans for?
Use your bridging loan for
If you’re using the bridging loan to invest in property, purchase a buy-to-let investment or buy commercial real estate, the bridging loan is not regulated.
Residential
When you need to raise money from property or land you own, a residential bridging loan can help you
Development
It can be hard to find a development bridging loan, but we have the contacts and experience to help you
Commercial
Is your business in desperate need of short term finance? A commercial bridging loan can help you
What is a bridging loan?
Loans from £20,000 to £30m plus
Max 75% LTV first charge 70% second charge
Both Regulated and Non-Regulated Bridging Loans
Secured on Residential and Commercial property
Automated Valuations available
Dual representation available
Adverse credit considered
Probate cases considered
FAQ
Frequently Asked Questions
What can a bridging loan be used for?
They’re primarily used to ‘bridge’ the financial gap between buying and selling your property, but you can also use bridging finance for:
- Auction purchases
- Development or renovation projects
- Short-term working capital for your business
How much can I borrow?
How much you can borrow depends on your financial situation and the project you’re looking to finance. Most lenders will lend up to 75% loan-to-value (LTV).
How quickly will I receive the loan?
If your application is relatively straightforward, you can see funds in as little as 72 hours.
Our Panel Of Lenders
Pros
Access to money is FAST
Brokers could release the loan within days – giving the borrower an almost-immediate short-term fix.
Repayments can be flexible to suit your needs.
Depending on the agreed deal, borrowers can take up to a year or 24 months to repay the loan. However, you could stand to save quite a lot of money if you pay back the loan as quickly as possible.
Large sums of money can be granted.
Loans reaching into tens of millions could be agreed, allowing people to cover the purchase of multiple properties. If you can’t cover the cost of that dream house move but don’t want to miss out, a bridging loan can be an option.
Cons
Bridging is specialist finance, the loans can be high-risk.
You could end up losing assets, such as your home, if you cannot repay the loan, and interest rates and fees tend to be high as you’re paying for the convenience.
They can be expensive.
Due to being a short-term solution, bridging loans could have high interest rates. Current rates equate to an annual interest of around 20%, which has to be paid on top of your loan repayment.
Fees can also add to the cost.
The borrower will have to pay a set-up fee, which is usually around 2% of the loan being taken out. Property valuation fees will also be required.