Short-term finance for a purchase that cannot wait.
Auctions, chain breaks, a property to refurbish before it can be mortgaged. Bridging is a short-term loan arranged quickly and repaid when the sale or the longer-term finance completes.
Bridging finance secured on the home you live in is regulated by the Financial Conduct Authority. Most other bridging finance is not.
Does this sound like you?
- An auction purchase with a completion deadline
- A chain that has broken, or buying before you sell
- A property that needs work before a mortgage lender will consider it
- Raising money against property you already own, for a short time
- A deal where speed decides whether it happens
How bridging works
A bridging loan runs for months rather than years. Interest is often added to the loan or retained from it rather than paid monthly, and the loan is repaid when the property is sold or refinanced. Lenders call that the exit, and it is the first thing they ask about.
Because it is short-term and quick, bridging costs more than a mortgage. It makes sense when the alternative is losing the purchase, or when a property cannot be mortgaged until work is done.
We arrange the bridge and, where the plan is to refinance, we start on the longer-term mortgage at the same time, so the exit is in hand.
Three steps. Honest at every one.
Tell us what has happened
A call, or a few lines on the form. No fact-find, no credit check at this stage, and no judgement.
We look at the whole picture
The reason, the timing, your income and your deposit, not only the score. If we cannot help, we say so quickly.
We find the lender and see it through
We put your case to specialist lenders who take a human view, and stay with you from application to completion.
Questions people ask about this
What is bridging finance, and when would I need it?
Bridging finance is a short-term loan used to bridge the gap between buying and selling a property. It is commonly used for auctions, chain breaks and time-sensitive purchases.
How quickly can I get a mortgage approved?
In some cases we can secure a decision in as little as 24 to 72 hours, especially for urgent situations such as bridging finance or an auction purchase. A full mortgage offer takes longer, and we tell you what to expect at the start.
Tell us about the deal and the deadline.
A conversation, not an application. No obligation, and no judgement.