“The next best thing to cash…”
Bridging Finance is the closest thing to cash that money can buy; it’s often the best (and in some cases only) way for you to acquire property that may otherwise be out of reach – and most importantly, it enables you to generate profit where without the correct funding, you will be losing out. You might be looking at a run-down property declined by a Buy to Let lender, conversion of a single unit to a block of flats, a tired property project to sell on, a new build development, conversion from commercial to residential, the proverbial list goes on.
There is a vast myriad of reasons to utilise these secured funds, and a Bridging Loan can be a super-fast and often straightforward solution that will allow you to draw down funds quickly and with fewer underwriting requirements than other more typical and difficult routes, which may not ultimately come to fruition.
One of the added advantages of using ourselves for your bridging finance is that we can secure the mortgage to exit the bridging finance which is one of the most common concerns with bridging, we will never advise you to enter a commitment we do not reasonably feel we can refinance you out of. A successful remortgage or exit is paramount and many pure bridging brokers simply don’t have the means, permissions, wherewithal or experience to facilitate the ‘out’. However we operate all mortgage options ‘under the one roof’, this is because we are FCA regulated specialists and award-winning Buy to Let Brokers, as well as being expert bridging brokers to boot.
BRIDGE THE GAP
Fast Credit Backed Terms
High Quality Advice from Seasoned Experts
Up to 75% Loan-to-Value (LTV)
Borrow from £25k - £200m
Terms starting from one month
Completions in as little as one working week.
Interest rates as low as 0.44%
Why Should I Consider Bridging Finance?
We always recommend considering all angles when dealing with your finance but a Bridging Loan can be a real saviour when traditional finance has failed or you are looking for a suitable exit route from your current property. Bridging Finance can also help add value to a property, giving you the cash to do light and heavy refurbishment to get a higher value for the property when you come to sell it.
Bridging lenders will lend where other traditional routes fail, some of these situations include:
- Rapid Speed Requirement – transactions with very tight deadlines. e.g. contract races/auctions.
- Renovation Need – Light Refurbishment & Heavy Refurbishment projects
- Chain Break – avoid relying on a purchaser for existing property sales.
- Change of Use – this could be to convert an office block to residential use for example.
- Auction Purchases – if you need the funds before the hammer falls, 28-day exchange should be easily achievable.
- New Build Development – purchasing land or building a new housing development.
- Conversion – this could be converting a house to flats for example.
- 75% Loan to Value – or more using additional security. You can use Bridging Finance to get the funds you need.
- Development Exit Bridge – release equity from a current project to secure that next purchase.
- Short Lease – we can help with purchasing your property to extend the lease and remortgage.
- Permitted Development – Bridging Finance can be the quickest way to develop your property if you are ready to start with the work.
What Rates Can You Get For A Bridging Loan?
You will be happy to hear that Bridging rates have tumbled over the last few years and as a whole of market broker, you can access thousands of deals through us, including some not even available from the high street banks. With rates starting from 0.44% for lower loan to values and our help, you can potentially save thousands when it comes to your next investment.
Other fees may include a valuation fee, arrangement fee, legal fees and with certain lenders an exit fee, so it’s vital to make use of a specialist broker like us, as we can find a deal which will suit the project and of course most importantly, you and your budget.
Our insider know-how can also save you money, for example, did you know that interest can be rolled up to limit your outgoing costs during the project.
Avoid wasting endless hours searching the internet and all of the calls, as we’ll scour the entire market and compare every lender in one. You can also benefit from our established relationships with all lenders including Interbay, Together, Octopus Property and Masthaven to name but a few. That being said, we are working for you so you can guarantee that our advice is impartial and we’ll only ever recommend the best rate for you.
In A Hurry? Get Expert Advice Now
How Our Bridging Finance Works
We specialise in hassle-free lending to get your finance sorted in no-time.
Talk To A Bridging Finance Expert Now
If you need a bridging loan quick, give us a call today on 08009499410 and we’ll talk through your needs and get you the best short-term deal. Assuming everything is in order, we can get your loan approved and completed in as little as 48 hours.
Platinum Trusted Service Feefo Winner 2020 ⭐️⭐️⭐️⭐️⭐️
In us you can trust, in some cases Bridging Finance may need to be regulated but have no fear we are accredited by the Financial Conduct Authority (FCA) so you are in safe hands.
*Our 100% Fee Free Bridging Finance advice and brokerage service is a limited time offer valid until the end of November. This offer is also only valid on new enquiries over the value of £150k. For more information, please contact one of our advisors.