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Residential Bridging Loans

Discover our comprehensive range of BTL mortgages for residential properties.

Key Factors

Short term bridging finance can be used in many different scenarios. It is a loan which is taken out on a short term basis. Terms are typically between 1-18 months and are a way of raising finance if there is, for example, a delay in a property related transaction. If you have settled on a property you wanted to purchase, but the buyer has pulled out of purchasing your current property, therefore breaking the chain, bridging finance can be arranged. Then, once your property is sold, the loan can be repaid.

But it can be a solution for many other instances too. Short term bridging finance can be arranged for many of our specialist areas. Short term bridging loans can be used when purchasing a house at auction. If you are refurbishing, converting or renovating a property, a short term bridging loan can be provided. This allows experienced property investors and developers to purchase a property that requires work on it, to make it habitable, as well as the finance to carry out the works.

Property developers have often missed opportunities because they haven’t been able to raise finance for a project. With a short term bridging loan, finance can be raised against properties already built then paid off,  once a property is sold.

Taking out a short term bridging loan is also a way of repairing adverse credit and debt consolidating. It gives you time to sort out any problem areas, ready to take out a longer term mortgage.

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

Further Information You May Find Useful