A bridging loan is a short-term finance option designed to “bridge” the gap between needing funds quickly and securing a more permanent source of finance, such as a mortgage or property sale. They’re typically used when timing is critical — for example, buying a new property before selling your existing one.

Bridging loans can be arranged much faster than traditional loans, often within days. They provide flexibility, allowing you to secure opportunities that might otherwise be missed, such as buying a property at auction or funding urgent renovations. They can also be tailored to your circumstances, with interest rolled up or paid monthly.

Bridging finance is versatile and can be used for a wide range of purposes, including:

• Purchasing a property before selling your current one
• Buying auction properties
• Funding refurbishments or property development
• Preventing a property chain from collapsing
• Covering unexpected business costs

Your interest rate is based on several factors, including the loan amount, the loan-to-value (LTV) ratio, the type and value of the property being used as security, and your exit strategy (how you’ll repay the loan). Lenders will also consider your credit profile and overall circumstances to set a rate that reflects the level of risk.

We offer a variety of term loans that provide longer term funding options. Available for both purchases or remortgages to release capital. Our team are on hand to discuss the best available options for you