Bridging Loans for the UK
One of the UK's most versatile and under-used product can help you either make money quickly or help you find cash fast!
In the UK at the moment there are over 100 bridging lenders that service the UK to choose from and they each have a different process and different criteria. The reason for there being so many is the versatility of the product and the numerous ways it can allow someone to make a valuable acquisition or resolve a situation that would otherwise have dragged on indefinitely.
We offer bridging loans in the UK from £50,000 to £15,000,000 for hundreds of reasons, some of our most recent cases are detailed below.
Who can benefit from Bridging Loans in the UK?
Developers, buying land below market value and receiving an overland against the open market value Landlords, purchasing at auction with a discount and needing to complete inside 28 days Accountants, tax bills/ divorce/ unexpected business expenses require quick finance Landlords, build your portfolio without putting any money down Builders, use the appreciated value of a site to finish the build Farmers, extract value from your land to put towards lucrative planning applications Developers, use the value in other sites to extract cash for opportune purchases
What types of property can be used in financing with bridging?
Any type of commercial, residential, buy to let or farmland can be used when securing a UK bridging loan.
How long does bridging loans in the UK take to arrange?
We can get bridging offers secured in hours and cash in days - our fastest case was done in 7 hours!
How much will bridging finance cost me?
The fees are relative to the value bridged (amount borrowed) and can range from 1.25% to 1.5% per month
Lenders, Solicitors and Broker fees can all be added to the loan
By using retained interest you might not need to make a payment
Fees involved in bridging finance will include:
Lenders Fees; Legal Fees; Valuation Fees; Broker Fee
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