We arrange Residential, Commercial, Development, Personal, Auction & Agricultural Bridging Loans as a short-term funding solution for individuals and businesses.
Our bridging loans enable borrowers to access simple to arrange short-term finance that can be used for a variety of reasons. These lines of credit are predominantly employed, as the name “bridge loan” suggests, to “bridge the gap” between longer-term financial solutions.
Our bridging loans are usually secured against property or assets, and the loan is usually borrowed over 3 to 24 months, ranging between anything from £25K to over £25m.
For example, one of the most common ways a bridging loan is used is to complete the purchase of a property whilst an existing property is still waiting to be sold. Another is to pay for a property bought at auction within the 28 day completion period, whilst a traditional mortgage is being arranged.
Bridge Loans Lending Criteria
- Loan to value (LTV): 75% maximum
- Loan term: 3 to 24 months
- Interest options: serviced, retained, rolled-up
- Decision: immediate
- Loan available in the UK and Europe
- No credit, bad credit considered
- Loan amount: £25,000+
- Interest rates from: 0.44%
- Exit strategy: sale or refinance*
- Completion: 10 to 14 days
- No early repayment fees
Find the best rates on your Bridging Loan finance
We offer experience-based, impartial information and accessing quotes from the whole of market. Because we have incredible relationships with most of the UK's lenders we're also able to move fast - seriously fast and can give you an in principle decision within 24 hours.
Get expert assistance today, we're on hand to answer any questions about bridging loans. To find out the exact costs of a Bridging Loan click here to complete our bridging loan enquiry form - it takes just 3 minutes!
Or feel free to call our friendly team on 01202 612934, we look forward to speaking with you!