Bridging
Finance
Bridging Finance
Short term property finance that allows investors and developers to quickly and efficiently purchase/refinance residential assets, commercial assets and land. This type of finance is typically utilised in instances where a traditional mortgage is not available.
Some examples of when Bridging Finance is used:
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Acquire property at auction with confidence
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Refinance completed development sites and capital raise for further projects
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Buy uninhabitable / non mortgageable properties
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Time critical acquisitions
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Exercise option agreements
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Acquire land
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Below market value purchases
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Refurbishments
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Raise finance for business purposes
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Pay a tax bill
Market Features
Whilst the Bridging Finance market is highly competitive, it is critical to work with funders that have a proven track record and truly understand your goals. Cost will be a deciding factor when choosing a funder, but there are a number of other areas that must be examined in order to structure the most efficient facility.
Onshore & offshore structures | Across UK |
£100,000 - £100m | Rates from 0.4% PCM |
80% LTV | All asset classes considered |
Interest serviced, retained or rolled | All credit profiles considered |