Bridging loans are short-term finance typically used for funding gaps between property completion dates.  They are particularly useful in larger property chains, enabling property buyers to secure a new home ahead of the sale of their existing.  Bridging loans are short term and enable large capital reductions to be made without penalty.  Compared to fixed-term loans, Bridging finance can vastly reduce your overall cost of borrowing. 

Our bridging loans are typically:

• Debt
• £100,000 to £10,000,000
• 3 to 24-month terms
• Fixed amount or revolving credit facilities 
• Secured against residential or commercial property, 1^st, 2^nd, 3^rd charge positions
• Up to 85% LTV
• Interest roll-up, interest repayment and hybrid options
• Capital reduction options
• Early settlement options
• Buy Now, Move Later options (in special response to COVID-19 pandemic)

Suitability for bridging finance relies on a financial event (like a property sale) to demonstrate a clear method of repayment.