Bridging Finance

Specialist Bridging Finance solutions

Bridging finance can be used in a number of different circumstances. Immediate funds with minimum requirements for swift property purchase. Quicker short term fund availability. One of the most common uses is when people need to buy a new property before their old one can be sold. Other uses can include funding the refurbishment of a dilapidated property purchased with the intention of reselling when renovated, or to purchase a property at auction, where funds will be required quickly. With bridging finance, the loan will always be secured against residential or commercial property. A first or second charge will be taken against new or existing property, or a combination of both

Bridging finance is much quicker to arrange than a normal residential mortgage; on average 3-5 working days from first enquiry to completion. Bridging finance is usually more expensive than traditional mortgage finance. We can provide bridging finance solutions to you directly, or refer you to a preferred provider for advice. Not all bridging Finance is regulated by the Financial Conduct Authority We charge a fee for arranging Bridging Finance.

Bridging finance you must have a credible repayment strategy; the bridging finance is only viable in a short term, usually restricted by the lender. It will also leave you (the customer) paying the loan in a short term. Bridging finance is for experienced property investor.