Bridging Finance
Made Easy
We are Bridging Finance experts, providing the best rates and fast completions. We understand that time is precious and ensure fast and highly flexible bridging loans with minimum fuss.
Apply For The Best Rate
How it Works in 4 Steps:
Indicative quotation
During your initial phone consultation, we review your requirements, and personal circumstances and find a solution for you. You will then receive a quotation if you are satisfied with the figures we will proceed to the next step.
DIP approval
Obtaining a decision in principle takes an hour or two and once approved we will send you a detailed quotation and a copy of the terms.
Property valuation and application process
A valuation is instructed (if applicable). Your dedicated processor will acquire all the needed information to apply to the lender for underwriter review. Once approved you will receive a full offer.
Completion
Once the loan has been completed the funds are released.
Bridging Finance
Fast and flexible bridging loans can be a real lifesaver.
Bridging Finance Types
Bridging loans can be used for a variety of purposes.
Bridging calculator
Get an indication of the expected rates and repayment costs.
Testimonials
Frequently Asked Questions
What is bridging finance?
A Bridging loan is a short-term loan pending the arrangement of a larger or longer-term financing. It is a way to bridge the gap so that you are able to release funds quicker than main stream methods. A bridging loan is always secured against property.
How is a bridging finance loan paid back?
The average bridging loan term is 12 months, however, most lenders are happy to only charge clients for a minimum of one months interest if you have the funds available to repay the loan earlier than the term. The exit strategy would be confirmed at application stage of the process and is usually the sale of a property or longer-term financing.
Do you need a good credit rating for a bridging loan?
No, there are lenders on the market that approve loans for clients with adverse credit however this would be reflected in the interest provided by the lender.
Are monthly payments required on a bridging loan?
No, bridging loans are charged on a rolled up interest basis therefore clients are not required to make monthly payments. When repaying the loan the lender will only charge the client for the amount of time that they have had the bridging loan outstanding for, this could be on a daily or monthly basis however this is down to the lender discretion.
How long does it take to arrange bridging finance?
On average completion of a bridging loan is in between 2-4 weeks depending on solicitors work being carried out.