What is a Bridging Loan?
It’s a short-term loan that gives you the breathing space to arrange long term funding or sell your property.
Why choose a Bridging Loan?
It let's you to raise the money to buy, renovate or secure a commercial / residential property.
How does it work?
Our experienced and qualified advisors will have a consultation with you to understand your needs and then advise you the criteria for applying for a bridging loan up to 75% loan to the value of the security.
Who is a Bridging Loan for?
Bridging loans are for businesses that need access to cash in order to buy or renovate commercial, buy-to-let or private property until long-term finance is arranged.
How quickly will I receive the money?
If your application is successful then you’ll have proof of approval within 72 hours after which we can submit a full application on your behalf and the process can take anything from 6 to 12 weeks.
How is the loan repaid?
You can choose from monthly, serviced repayments, compounded repayments or retained interest repayments. For more detailed information, please get in touch and one of our advisor’s will be happy to anwer your queries.