The various types of bridging finance advice we can help with.
Key Takeaways Cheap bridging loans offer the lowest possible interest rates, low fees, and minimal broker charges. The cost of your bridging loan depends largely on your loan-to-value (LTV) ratio and the broker and lender you use. A lower LTV typically secures a lower...
Key Takeaways Speed and Flexibility: Residential bridging loans provide quick access to funds, allowing you to secure properties before selling your current one. Specialist Support: Brokers like Bridging Finance simplify the process, offering advice and handling the...
Key Takeaways Auction purchases often require completion within 28 days, making it difficult for traditional mortgages to be approved in time. Bridging loans offer a fast and flexible solution. Also, many auction properties are considered unmortgageable due to their...
Bridging Loan Eligibility Checker Use our bridging loan eligibility checker to find out if you're likely to be accepted for a bridging loan based on your loan-to-value: Key Takeaways Loan-to-Value (LTV) is crucial: Bridging loan...
Key Takeaways Bridging loans offer quick, short-term funding to help property buyers in London secure their dream home or investment property without waiting for other funds to come through. Eligibility for a bridging loan is based on your loan-to-value ratio (LTV),...
Regulated bridging loans are designed for residential properties that you will live in (or your family). They are ideal for buying before you sell, helping to break property chains and securing your next home. Commercial and buy-to-let properties are not covered by...
Key Takeaways Bridging loans for properties in Scotland can pose unique challenges due to distinct legal frameworks and rural property considerations. However, specialist brokers like Bridging Finance streamline the process by connecting you with lenders who cater to...
Key Takeaways Yes, you can get a bridging loan with bad credit. Bridging loans are secured against an exit strategy, not long-term monthly repayments. Your credit score is less critical unless your exit strategy involves securing a mortgage to repay the bridging loan....
Key Takeaways Unregulated bridging loans are intended for properties not used as a main residence, such as commercial properties, buy-to-lets, or investment projects. These loans are not regulated by the Financial Conduct Authority (FCA), unlike residential bridging...
Key Takeaways A second charge bridging loan is simply a bridging loan that's secured against a property already under a first charge, such as a standard mortgage. It provides short-term funding for various needs, like purchasing a property or covering renovation...
Key Takeaways Fast, Flexible Funding: Business bridging loans provide immediate access to capital, helping you seize opportunities or address urgent financial needs. Short-Term Solution: Ideal for resolving cash flow gaps, funding property purchases, or managing...
Key Takeaways Borrow from £50,000 for refurbishment projects, with low loan-to-value (LTV) secured against your property. Flexible repayment options: Exit strategies include selling the property, selling a different property, or remortgaging. Increase property value:...
Key Takeaways Fast access to funding: Commercial bridging loans are designed for quick property purchases or financial needs. Short-term solution: Loans typically last up to 12 months with no long-term commitment. Wide range of uses: From auction purchases to property...
Key Takeaways Comparing bridging loans can be challenging without professional help, as lenders’ rates and terms are not readily available on comparison sites. Working with a whole-of-market broker, such as Bridging Finance, allows you to access tailored advice and...
Key Takeaways Speed: Funds can be available in as little as 72 hours. Flexibility: Tailored to your specific needs, including auction purchases and unmortgageable properties. Support: Bridging Finance offers expert, fee-free advice to help you secure the best deal....