Bridging Loans North East
We arrange fast Residential, Commercial, Development, Personal, Auction & Agricultural bridging loans and property development finance in the North East of England covering County Durham, Tyne and Wear, Northumberland and North Yorkshire.
We have established relationships with the UK's top lenders for bridging finance in the North East, for properties and land, which means we're able to complete within 3 days for loans below £200k, and within 14 days for loans up to £25m.
Arrange a call with our experts today and get our best no obligation quote.
How our bridging finance can help
Clients from Newcastle upon Tyne to Sunderland and Durham, use our short term bridging loans when they need to raise finance quickly. We make obtaining bridge finance a straightforward process with terms from 3 to 24 months and no exit fees, securing loans against residential or commercial property and land with or without planning.
What can you use it for?
- Purchasing a property at ‘Below Market Value’ from family or close friends
- Purchasing a property which is deemed ‘Un-mortgageable’ & requires refurbishment
- Buying a new home before your home sells
- Buying a property at auction
- Raising cash for business purposes such as stock, cashflow or management buy out
- Raising funds to settle a corporation or VAT bill
- Raising funds to settle a personal tax bill
- Raising funds to stop a repossession
When you need to access funds fast call us first.
We offer experience-based, impartial information, accessing quotes from the whole of market to ensure your rates are as low as possible for your specific circumstance. We're experts in the complicated and package your requirements in such a way that our lending panel understands and are able to lend against.
Bridging Finance Lending Criteria
| Loan to value (LTV) | Up to 80% maximum |
| Loan term | 1 to 24 months |
| Loan amount | £26,000 up to £25m |
| Interest options | Rolled-up, retained or serviced |
| Interest rates | From 0.44% |
| Decision | Immediate decision in principle |
| Completion | 3 days to 2 weeks |
| Early repayment fees | None |
| Availability | Secured on assets in the UK & Europe Individuals, Companies, SPVs No credit & adverse credit considered |
| Exit strategy | Sale or refinance |
Get expert assistance today, we're on hand to answer any questions about bridging loans.
To find out the exact costs of a loan get a quote online - it takes just 3 minutes!
Call our friendly team on 01202 612934, we're ready to help.
