Swift Decisions

Multi Use

Up to 75% LTV

18 month term

Up to 18 Month Term

Bridging loans are a powerful short-term funding option.

Many of our customers come to us looking for a quick and easy release of funds, to acquire their next project or fund the sales process of their existing ones.

 

Bridging finance has evolved over the years.  Originally, they were designed to help people complete the purchase of a property before selling an existing one, bridging the gap between the purchase and the sale. They are now asset-based, unregulated loans where a property is offered to secure short-term funding for a range of different purposes rather than just purchasing a property whilst a sale is awaited on another.

Speak to our experts

More Information

  • Loans from £100k to £10m
  • Zero exit fee options available
  • Up to 75% LTV
  • Professional property developers aged between 21-75
  • Rates from 0.75% per month
  • Properties in England and Wales
  • Flexible terms up to 18 months
  • Properties cannot be the primary residence of the borrower
  • Dedicated account manager

Our lending solutions

Residential bridging loan - white

Residential Bridging Loan

Enables quick residential purchases refurbishments while permanent funding completes

Development exit bridging loan - white

Development Exit Bridging Loan

Allows developers to refinance completed projects release capital before final property sales

Prosperity auctioning loan - white

Property Auction Bridging Loan

Lets buyers secure auction properties fast while arranging longer term funding afterwards

Light refurbishment bridging loan - white

Light Refurbishment Bridging Loan

For small scale property improvements that increase value without major structural work

Commercial bridging loan

Commercial Bridging Loan

For purchasing or refinancing commercial property quickly while arranging longer term finance solutions

Enjoy the best rate at 0.8% on Development finance

Speak to an expert and understand your options

Enquire Now

Three steps to find your tailored Bridging Loan solution

1

Your enquiry reviewed by our credit team

Once you have completed and submitted an enquiry form about your project, one of our experts will review it and respond to you.

2

Review your options and find a solution

Our team will then talk you through your options to find a tailored solution that aligns with your project and ensures best chance of success.

3

Final solution and your funds released

When you’re happy to proceed with an agreed funding solution, we will do our verification checks and advise you on a drawdown date.

Keep you moving forwards

Bridging loans help to close any gaps in your finances with short-term funding, tailored to your needs. They’re often used when buying an investment property, or at the end of a building project to ensure that your plans don’t grind to a halt.

Our loans, secured against property assets, typically unlock up to 75% 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 customers often use a bridging loan to purchase their next project whilst funding the sales process on their existing one.

How do bridging loans work?
Finished house
Sitting room
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“We continue to work with MSP Capital as they consistently deliver on funds when needed. An opportunity presented itself to acquire a new site but this necessitated an exchange within one week.I spoke with MSP who assured me that they could assist by providing equity release against some existing property and they were able to lend funds in six days – I cannot recommend them enough.”

Stuart H
Testimonial background

What is the process for acquiring a bridging loan?

Bridging finance involves offering a property or asset – often a residential property – as security to a lender, such as MSP Capital. The value/equity within the property or asset would then be used to secure a loan – normally on a short-term basis of no more than 12 months to suit requirements.

Usually, the funding will be via a 1st mortgage over the property. Sometimes, however, if there is sufficient equity, we can assist via a 2nd mortgage – subject to 1st charge holder approval.

Each lender will have their own lending parameters that dictates the maximum that can be lent. Our standard lending parameters are up to 70% of the value of a residential property.

After you’ve called us, we will assess the asset that you’re offering to us to lend against. The value of the property will be assessed by way of a formal independent valuation. This is undertaken on behalf of MSP Capital, but payable by you or the company you’re working for.

We will then prepare a loan offer including any fees and interest across the term of it. This all depends on:

Our terms are fully detailed in an Offer of Finance, which if accepted, we can then move forwards.

Case studies

View all our case studies

Another success in Surrey with four luxury homes planned

Luxury homes
Surrey
£6.7m
View case study

£5m Development Loan for an Experienced Developer

Apartments
Northampton
LTV 65%
£5m
View case study

A luxury new-build home in a traditional ‘Arts and Crafts’ style

Houses
Surrey
£875,000
View case study

Speak to an expert

Follow the links below or fill in a General Enquiries Form and we’ll look forward to speaking to you soon.

Facilities can be agreed and provided in a very short space of time. Our customers can be confident that funding is in place to either raise short-term cash for acquisitions or general business cash flow. They can also be drawn to provide a developer time to sell the property asset or arrange longer-term finance.

At MSP Capital we lend our own funds, so loans can be approved and credit backed within 24 hours of the initial enquiry. Drawdown of funds with MSP Capital can occur in a matter of days if the legal and valuation process can be expedited efficiently.

MSP Capital provide bridging loans to suit each borrower’s individual requirements. On the whole, bridging finance is generally considered as ‘short-term funding’.

For example, the standard period for a straightforward bridging facility on a residential property would be up to 12 months. The loan can be repaid at any time from the day it is drawn. Repayment will be expected before the agreed term has expired, although an extension will sometimes be required subject to agreement.

MSP Capital can provide bridging finance to any legal entity including limited companies, limited liability partnerships and in sole names.

MSP Capital is an unregulated lender, focus on the property value (we lend up to 75% of RICS valuation) more so than debt serviceability. This adds to the speed and flexibility when providing the facility.

To view MSP Capital’s bridging loan products, see our Bridge Loan Overview page. Alternatively, if you would like to discuss your options please contact the team at MSP Capital on 01202 743400.

The MSP Capital difference

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Swift Decisions

Talk directly with decision makers

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Tailored Solutions

Funding that meets your needs

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Certainty of Funds

We’re a principal lender