Bridging Loans are short-term loans for a large amount of money. This kind of loan is useful for example when you want to finance the purchase of a new property, but have not yet received funds through the sale of an existing owned property.

Bridging loans are generally secured on a property or other assets of high value - meaning that the value of your asset is used to guarantee your loan. Payments are interest only, so your monthly repayments are lower as you are not paying back any of the bridging loan principal. As bridging loans are short-term loans, the interest rate will tend to be higher than that of, say, a mortgage, making bridging loans unsuitable for long term financing, but highly useful and profitable for when you need funds fast. If you are looking for a bridging loan as a short-term mortgage or need help when switching mortgages, changing mortgages transferring mortgages or funding a building project, then help may be at hand.

How long does it all take?
You should expect the entire process to take 5 to 10 days - i.e from your first application to the money being paid over to you. It could be done quicker. It depends on how fast you want to move and if there aren't any significant hiccups. Based on our research, interest rates can vary enormously dependant upon the lender used and the best loan to value is between 70% - 85% LTV.
We can assist with all your bridging loan requirements.
Completion possible within a minimum of 5 days.
Fast efficient professional service.
Funds available for any purpose.

Please note: Many people think that they require bridging loans when moving house and buying a new home but often we can help them to arrange a new mortgage without the need to bridge.
- CLICK HERE - for a bridging loans enquiry form - and we will contact you as soon as possible or telephone us on 01254 660101 to speak to an advisor about bridging loans