Bridging Loans

We can assist you in moving forward by using one of our bridging finance options.

Over the past 10 years we have been successfully sourcing bridging finance services for our clients here in the UK. Making use of bridging loans can be the difference between your deal going through on time and missing out on a profitable opportunity.

It is important to be fully informed when going into any financial agreement, knowing the difference between bridging loans and term loans could be very useful to your bottom line. Bridging loans are high interest, short term financial products which are frequently used when purchasing property. This lending tool is designed for use with very short-term projects or in order to obtain funding until a long-term source of finance can be achieved.

Employing a bridging loan can be a quick and versatile method for funding a property deal. These loans do tend to have a higher interest rate when compared to term loans, usually 1% - 2% per month, but this only has to be paid for a short period. It is possible to attain funding within two days when necessary, but if you have the time we recommend allowing around two weeks to make sure that you are given the most competitive deal possible.

When purchasing commercial properties you can expect to be able to borrow approximately 70% of the property' s auction value as a bridging loan. It can be possible to borrow 100% of the property value in the UK, but loans of this size generally need some form of extra security. If you obtain a bridging loan secured against your own domestic property it can be a prudent method of raising funds for business, of course it is necessary to hold a reasonable level of equity in your home.

If you have any queries about bridging loans please contact us, we are always interested in new clients and opportunities. If you decide to make use of our services we can assure you that at propertyfinancebroker.co.uk we are able to provide very competitive deals along with a high level of service.

IMPORTANT NOTE: We do not provide any financial advice of any nature and we only operate as introducers (not as brokers) to regulated companies and only for amounts in excess of £25,000.