Bridging loans help to close any gaps in your finances with short-term funding, tailored to your needs. They’re often essential during a build to ensure that your plans don’t grind to a halt.
Our loans, secured against property assets, typically unlock up to 70% of a property’s value. Importantly, our Terms within an Offer of Finance are already credit backed, so you can feel confident to make decisions and commit to your next step; we find that our clients often use a bridging loan to purchase their next project whilst funding the sales process on their existing one.
Time is always a key factor with any bridging loan. That’s why our systems and processes use fewer forms, saving you time and enabling us to make swift decisions with certainty. Loans can be approved within 24 hours of your initial enquiry and in some instances drawdown can occur within a matter of days.
We also offer finance for a variety of situations from property refurbishments to an auction purchase and can even offer 2nd charge bridging loans on properties that have an outstanding mortgage.