What is a bridging loan?

Bridging Loans are normally taken out when you have a short term requirement for a large sum of money – usually to purchase a property or a building plot. Bridging loans are normally repaid within 6 months but often in a shorter time period. There are many different types of bridging loans however the most common situations are where you wish to purchase a property but have not completed the sale of your current property or when you wish to purchase a property at auction.

Who can get a Bridging Loan?

Fast decision 1st and 2nd charge. High LTV 70% 75% 80% 85% 90% 95% or 100%. No credit check required. Mortgage problems low monthly interest rate.

Key Features of our Bridging Loans

• Decisions in hours
• Funds delivered in days
• Up to 85% LTV (100% in some cases)
• Borrow up to £10 million
• Lending for up to 12 months without Early Payment Penalty
• Residential or commercial property