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Bridging Loans and Bridging Finance in Essex

When it comes to securing a residential property in Essex, bridging loans and bridging finance offer a quick and flexible solution. At Advocate Finance, we have honed our expertise in regulated bridging loans, a niche but crucial segment of the mortgage industry. If you’re in Essex and considering a short-term loan to facilitate your property purchase, you’re in the right place.

Types of Residential Properties in Essex That Can Be Financed

Whether you’re eyeing a quaint cottage in the Essex countryside or a modern flat in Chelmsford, bridging loans can be the financial tool you need. These loans are versatile, covering a wide range of residential property types. From single-family homes to multi-unit residences, bridging finance in Essex offers a solution for nearly every property-related need

Key Features of Our Bridging Loans and Bridging Finance

  • Loan amounts range from £50,000 to £5 million, subject to credit and affordability checks
  • Up to 75% loan-to-value ratio, with 100% financing available with additional security
  • Short mortgage terms from 1 month to 1 year
  • Interest is either rolled or retained, eliminating the need for monthly payments
  • Suitable for all credit histories, from high net worth to credit repair

Is Bridging Finance or a Bridging Loan Right for You?

If you’re in Essex and find yourself in a situation where you need to secure a new property before selling your existing one, then bridging finance could be the ideal solution. It’s also a great option for those looking to downsize, purchase at auction, or even secure their dream retirement home in Essex.

Chain-Break Finance: An Essex Perspective

In the Essex property market, chain-break finance can be a lifesaver. Also known as bridging loans, this financial product can help keep property transactions on track when a sale chain breaks, a common issue that can jeopardise multiple deals.

Speed and Efficiency: The Essex Advantage

In the fast-paced Essex property market, time is of the essence. That’s why our bridging loan lenders in Essex are committed to quick service levels, with credit decisions often made within just 4 hours.

Fees and Terms for Bridging Finance in Essex

  • Lender’s arrangement fee: Typically 1.75% – 2.00% of the loan amount
  • Valuation fees: Variable, depending on the property value
  • Solicitor’s fees: Both for the buyer and the lender

We provide a free, bespoke illustration to clarify all fees and charges involved in bridging finance.

Advantages and Disadvantages of Bridging Loans and Bridging Finance


  • Quick and flexible, ideal for the fast-paced Essex property market
  • Enables you to secure your next Essex home without selling your current one
  • Suitable for large loan amounts


  • Higher interest rates compared to traditional loans
  • Not a long-term financial solution

Benefit from Our Expertise in Bridging Finance in Essex?

Our advisers are not only experts in bridging loans but also in the specifics of the Essex property market. We offer a free initial assessment and have a no upfront fee policy, making your property purchase in Essex as smooth as possible.

Bridging Loans & Finance FAQs

A regulated bridging loan is specifically designed for securing residential properties that you intend to live in. The market for these loans is smaller than that of standard bridging loans, making it important to work with a firm that is well-versed in this niche sector.

Our bridging loan lenders in Essex can often provide credit decisions within just 4 hours. This speed enables you to move as quickly as a cash buyer in the fast-paced Essex property market.

The lender’s arrangement fee is usually between 1.75% and 2.00% of the loan amount. Valuation fees vary depending on the property value, and you’ll also need to account for solicitor’s fees for both the buyer and the lender.

Bridging loans are versatile and can be used to finance a wide range of residential properties in Essex, from single-family homes to multi-unit buildings.

Yes, bridging loans will affect your credit file in the same manner as other loans. However, as there are no monthly payments required from you, the lender makes the payments, which will show on your report as paid each month and should not negatively impact your credit report.

For more details on how Advocate Finance can assist you with bridging loans and bridging finance in Essex, feel free to contact us on 01206 544333.

Advocate Finance
Office 5, Aster House
Lanswoodpark Business Centre
Elmstead Market
Essex CO7 7FD

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