“Bridging is a simple short-term financial solution. Each case is different so you can expect us to deliver you a bespoke experience.”
Loan to Value
Up to 75% LTV Max
Competitive market rates starting from 0.75%
First legal charges only (Second charges considered in addition to first charges)
1 month – 12 months
Loans from £100k to £20 million
Non status lending, CCJs, defaults, arrears, bankruptcy etc accepted.
Interest roll-up schemes with option to service the interest
Non-resident borrowers and companies accepted
Private lender, bespoke solutions with flexible lending terms, each loan is taken cases by case and tailored to suite needs of client.
Fund up to 100% of the property purchase price (with additional security)
In as little as 48 hours but average loan completion is 5-7 days
Use of Funds
No restrictions on use of unds
* Will consider 2nd and 3rd legal charges as additional security.
What is a Bridging Loan?
What is a Bridging Loan?
A bridging loan is a short-term loan, secured against property or land and is used to “bridge” the gap, generally until longer term finance can be arranged or the underlying security is sold.
Example: if you are ready to buy a new home but the sale of your existing property falls through, you could use a bridging loan to secure your new home.
How long does a bridging loan take to complete?
A traditional bank loan would be much slower as a bridging loan from us would take on average between 5 and 7 days to complete.
We will require an independent property valuation before the loan amount can be advanced.
Why Choose a Bridging Loan?
The most common reasons a bridging loan is acquired are to purchase residential or commercial property.
Bridging finance brings breathing space and gives you an extra boost when you need it at that vital moment to complete a project, beat a competitor or negotiate a better price on an ideal property. Sometimes you need to raise funds rapidly and a bridging loan is a popular method of achieving that.
Example: if you are purchasing property at an auction, the funds will be required quickly. In this instance, bridging finance would be a suitable solution.
Any type of residential, semi-commercial, commercial property or land (with planning) in England
At Bridging Funding we know that each case is different and ought to be treated as such on its own merit. This is why we create bespoke tailor-made deals based on the client’s requirements. We also understand that for many deals, time is of the essence and so we have the capacity to complete solutions with speed and with flexibility.
Through bridging, we offer financial solutions to a wide range of personal and business issues.