Bridging finance is a short-term loan secured against your property, designed to provide immediate funds until you either sell the property or secure a longer-term financing solution, such as a buy-to-let mortgage. It is often chosen for its speed and flexibility, making it ideal for purchasing property or releasing equity quickly.

Interest on a bridging loan is typically calculated on a monthly or daily basis and is usually "rolled up" into the loan or deducted in advance, meaning no monthly payments are required. However, some lenders may allow you to pay the interest monthly, subject to affordability checks.

Each bridging loan is tailored to the client’s unique circumstances. We work with a wide range of lenders to find the most cost-effective financing solution for your needs. Additionally, we prioritize speed and efficiency, ensuring a smooth and stress-free process, especially when time is critical.

Uses of Bridging Finance

Bridging finance can serve a variety of purposes, including:

• Chain Break Scenarios – If a buyer pulls out of your property sale, bridging finance can help you complete your onward purchase before your current property sells, preventing you from losing your new home.

• Refurbishment – Raise funds to carry out cosmetic or structural improvements to your property.

• Uninhabitable Properties – Some properties require significant refurbishment to become habitable or mortgageable. Bridging finance allows you to purchase such properties, complete the necessary work, and then either sell or secure long-term financing.

• Second Charge Bridging – If you already have a mortgage, you can secure a bridging loan as a second charge for purposes such as refurbishment, purchasing investment properties, business investments, or improving cash flow.

• Buying at Auction – Auction purchases typically require completion within 28 days, which is often too short for traditional lenders. Bridging finance ensures you meet the deadline.

• Business Funding – We can provide short-term capital injections for business purposes.

• Below Market Value Transactions – If you’re purchasing a property at a discount, we have access to lenders who can finance based on the property’s market value rather than the purchase price. While most high-street lenders only lend against the purchase price, bridging finance allows you to borrow up to 100% of the purchase price (subject to 70% of the open market value as determined by a surveyor).

Bridging finance offers a versatile and efficient solution for a range of property and business needs, providing the flexibility and speed required to seize opportunities or overcome challenges.