01206 544333

Bridging & Refurbishment Loans

Key Features

Short term loans for auctions, refurbishing properties or simply to obtain funds in a matter of days.

All types of bridging loans available:-

Key Information and Benefits

  • Speak to a consultant today for a free personal consultation and they will handle your case from enquiry to completion
  • Flexible and creative financing solutions to meet your needs from our panel of 100+ lenders
  • Loans/mortgages from £100,000 to £50 million (smaller loans only considered in exceptional circumstances)
  • Market leading interest rates. The actual interest rate will depend on the risk, quality of the credit profile and the purpose of the loan/mortgage
  • Lowest overall cost of financing will be considered for your individual case
  • All incomes levels, evidence of income, credit histories and funding requirements will be considered
  • High loan to values available 100%+ funding can be achieved with additional security or by introducing more than one lender to a case
  • Financing terms can be short term (a few months) or long term (many years) to suit your needs

Frequently Asked Questions

For the initial purchase, you will need typically a 25% deposit for the bridging loan which can come from our own cash sources or a private investor. The lender will require this deposit to minimize their risk. Alternatively, we have arranged deals with 100% finance where the client was able to offer additional security over another property and there was enough equity in the property to give the lender comfort to go to 100% of the purchase price. This area can get complicated so it is best to discuss on a case by case basis

If you believe the property investor trainers, you can pull out or recycle all of your money and repeat, repeat, repeat forever. They are selling you a course that can cost thousands of pounds and they want to make it sound as easy as it can be!

We do see actual cases we have refinanced where the client has managed to recycle all of their deposit for the next deal, but it is not easy and like any career involves hard work and dedication.

Buy it right – It is extremely hard to add value to a property if the initial purchase price was high. There is a great quote from Sir Alan Sugar “The profit is in the purchasing”. In a hot property market is difficult to buy below market value but for unmodernised ,run-down properties, the market for a cash 4-week purchase (using bridging finance) the opportunity to obtain a bargain is more likely.

Add value – This is the key. The works undertaken must be of high quality and to such a level that the finished property’s value has increased to allow the funds you have invested to be recycled.

Deliver on time and to budget – If the project takes more time, the bridging loan costs increase and any cost overruns dilute the increased value you are seeking to achieve. We have financed properties where we didn’t recognise the finished property from the property financed at the start. The WOW factor had been achieved and more space had been added, project delivered on time and to budget and the result was a large increase in value for the client.

We do see actual cases we have refinanced where the client has managed to recycle all of their deposit for the next deal, but it is not easy and like any career involves hard work and dedication.

Further Information You May Find Useful