“The next best thing to cash…”
Bridging Finance is an easy way to get funds to access property that may otherwise be out of reach. A tired property declined by a Buy to Let lender, a project property to sell, a new build development; there are a multitude of reasons but a Bridging Loan can be a super-fast and often straightforward solution that will allow you to draw down funds in as little as a week.
One of the added advantages of using ourselves is that we can secure the finance to exit the bridging finance which is one of the most common concerns with bridging; a successful refinance or exit, this is because we are FCA regulated specialists and being a whole of market broker allows us those avenues.
Whether you are looking at a Buy to Let property, a residential purchase or even a new ‘ground-up’ development, we can help you find the best option to move your project forward.
BRIDGE THE GAP
Same day lending decisions
Free advice from our fully qualified advisers
Up to 75% Loan-to-Value (LTV)
Borrow from £25k - £200m
Terms starting from one month
Completions in as little as 48 hours
Interest rates as low as 0.43%
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.
How Do I Get Bridging Finance?
Whether you’re looking to invest in London or Land’s End, give us a call to briefly outline your plans on 08009499410. Unlike a simple mortgage comparison site, we go beyond the figures and take the time to talk to you about your situation so you get a better deal with less hassle.
Let us d all of the legwork for you and Heads of Terms can be made available often on the same day. You’ll receive a 100% free quote with all of our expert recommendations with no pressure, no obligation, no risk.
There are no upfront fees at all – and better yet for larger bridging loans there are no broker fees with us either. You’ll know all aspects of the deal before you start the ball rolling.
We will need some information from you to start the application but we can complete all of the necessary forms and initial assessment to get you a decision in principle in hours. Simply put, Bridging Finance can give you the flexibility to go forward fast.
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.
*Our 100% Fee Free Bridging Finance advice and brokerage service is a limited time offer valid until the end of September. This offer is also only valid on new enquiries over the value of £150k. For more information, please contact one of our advisors.