Bridging Loan Criteria

Minimum Loan Term
1 Day
Maximum Loan Term
12 Months
Loan Amount
£50,000 – £5,000,000

Maximum LTV

75%

Property types

Residential, Commercial, Semi-commercial and Land

Legal charges

First. Second on a case-by-case basis

Location

England, Wales & Scotland

Applicant’s credit history

Status & Non-status acceptable

Exit Fee

None

Each deal is assessed individually and terms are offered on a case-by-case basis.
*Interest rates and terms may vary dependant on the specifics of each individual case.

Outside of criteria? Get in touch with us on 0330 333 8704 to discuss your enquiry in more detail

What is bridging finance used for?

Bridging finance is often used as a short term finance solution, but can be used for a variety of reasons. Typically, purchasing or refinancing property transactions

What can our bridging loans be used for?

You can use our bridging loans for the following: Auction purchase, refurbishment, chain break and for short term cash flow.
Auction purchase: If you have purchased a property at auction and need funds within 28 days to complete the purchase.
Refurbishment: If you require funds to refurbish a property that is currently deemed unsuitable for mortgage purposes by high street lenders e.g. no kitchen or bathroom.
Chain break: If you require funds to bridge the gap between purchase and sale of security.
Short term cash flow: If you require funds to release equity from a property or land for short term cash flow.

What security is considered?

Asset backed, mainly property based, which includes both residential and commercial.

How long will it take for a decision to be made?

We will give you a firm agreement in principle within 24 hours.

How long will the process take?

Typically, the drawdown process will take between 5 and working 10 days.

What are the risks of using a bridging loan?

As with all secured loans, your credit and / or security may be at risk if your repayments are not made on time.