Learn about bridging finance: guides, articles, FAQs and more…
Key Takeaways No cash deposit is required for a bridging loan—unlike standard mortgages. However you can only borrow up to 80% of the value of the property (or combined properties used as security). For loans exceeding 80% of a property’s value, you must also secure...
Key Takeaways Bridging loans are ideal for purchasing unmortgageable properties, or those with high renovation potential. They allow you to buy, renovate, and sell a property within 12 months, maximising profit. Loans are typically capped at 80% loan-to-value (LTV),...
Yes, bridging loans are generally a good idea, depending on what you're using one for, whether you've received independent advice, and provided you understand the process, costs and timeframes. They are now a widely used financial tool for various property buyers,...
Key Takeaways Typical timeframe: Bridging loans generally take 3–6 weeks to complete, with the average being around four weeks. Expedited options: In urgent cases, bridging loans can be arranged in as little as 72 hours, though this may incur extra costs. Broker...
Key Takeaways Standard mortgages are a traditional and cost-effective solution for long-term property financing. Interest-only mortgages offer lower monthly payments, suitable for those expecting future financial inflows. Second-charge mortgages are a way to borrow...
Key Takeaways A 100% loan-to-value (LTV) bridging loan is not typically available, as most lenders cap LTV at around 80%. However you can obtain a bridging loan to cover 100% of the property you're buying, but the value of your loan must not exceed 80% of the total...
Key Takeaways A bridge to let is a type of bridging loan designed to help investors buy a property, renovate it, and refinance it into a buy-to-let mortgage once it's eligible. It provides short-term financing for property investors...
Key Takeaways A Buy to Sell Mortgage is essentially a bridging loan used to facilitate property transactions. Bridging loans provide quick, short-term financing when you're looking to buy a property before selling your current one. They can help ease the process of...
Key Takeaways Bridging loans offer short-term financing solutions, ideal for property development projects. They enable quick purchases, renovation funding, or other urgent requirements, bridging the gap between buying and refinancing or selling. Key factors include...
Key Takeaways Bridging Loan costs include interest (typically 0.68% to 1% per month), facility fees (1.5% to 2%), and other fees such as valuations and legal costs. Costs mainly vary based on your loan-to-value (LTV) ratio. Bridging loans often allow rolled-up...
Key Takeaways Bridging loans are short-term financial solutions that help you secure property quickly, often before other funds are available. They are particularly useful for breaking property chains, purchasing unmortgageable properties, or buying at auctions....
Key Takeaways Bridging loans are short-term financial solutions designed to "bridge" funding gaps in property transactions Typically lasting up to 12 months, they offer rapid financial flexibility Ideal for property purchases, renovations, auction buying, and buying...
Key Takeaways Bridging loan interest rates range from 0.68% to 1.5% per month Interest is calculated monthly, not annually The lower your loan-to-value ratio typically results in better rates You can roll up interest payments to avoid monthly repayments You typically...