Specialist

Bridging Finance

 

Bridging Finance

Clifton private finance

We specialise in raising bridging finance on residential and commercial property transactions in the UK

Our bridging finance service provides:
  • Market leading bridging finance from £50,000 to £25m
  • Rates from 0.44% pm
  • Lower rates for £1 million+ finance
  • Terms from 3 months to 3 years
  • LTVs up to 80% (can be more if other assets in the background)
  • 1st and 2nd Charge Options
  • Interest roll up options
  • Residential (On a regulated basis), buy to let, HMO, investment and commercial properties considered
  • Light refurbishment finance (currently uninhabitable, under permitted development rules, require internal refurbishment)
  • Heavy refurbishment finance (extensions, basement digs, loft conversions, commercial to residential, barn conversions)
  • Bridging finance for business purposes (Pay HMRC tax bill, purchasing land or new premises, deposit for new purchase, business growth)
  • Alternative assets considered e.g. pension, investment porfolios, fine art, classic cars
  • Automated valuation option for properties under £1m
  • We provide a friendly, professional service to help you get the money you need at the best available rates

Residential

Buying Before Selling?

Rates from:

0.41% pm

Downsizing/Upsizing

Releasing Funds From Your Home

Short Term Lease Finance

Auction Purchase

As at 14th May 2022

Development & Refurb

Fast Finance

Rates from:

0.45% pm

Light & Heavy Refurb

Finance For Unmortgageable Properties

Land Purchase with planning

As at 14th May 2022

Residential

Large Bridging Loans

Rates from:

0.25% pm

Up to 80% LTV

Minimum Loan £500k

Minimum net income £100k

Serviced monthly interest required

As at 14th May 2022

Contact Us

Thank You for your interest - please complete the form below and a member of our team will be in contact.


We can help with meeting tight deadlines & provide a fast and professional service.
Call us on 0117 959 5094 to discuss your requirements.
Recent

Property Finance Deals

Bridging Loan to Downsize to Retirement Property Before Current Home Sells
Bridging Loan to Downsize to Retirement Property Before Current Home Sells
Area
Bristol
Capital Raised
£400k
Short Term Finance from Private Bank Secures £1.6m Colchester Home at Low Interest Rate
Short Term Finance from Private Bank Secures £1.6m Colchester Home at Low Interest Rate
Area
Colchester
Capital Raised
£800k
Bridging Loan to Buy Property During Divorce While Waiting for Family Home to Sell
Bridging Loan to Buy Property During Divorce While Waiting for Family Home to Sell
Area
Cheshire
Capital Raised
£700k
Bridging Loan to Pay Inheritance Tax Bill Before Selling Inherited London Property to Cover Costs
Bridging Loan to Pay Inheritance Tax Bill Before Selling Inherited London Property to Cover Costs
Area
Central London
Capital Raised
£360k
Bridging Loan to Secure Property Requiring Planning Permission, Split Titles and Refurbishment Before Refinancing
Bridging Loan to Secure Property Requiring Planning Permission, Split Titles and Refurbishment Before Refinancing
Area
Scotland
Capital Raised
£910k
Complex Property Purchase in Wales £300k Under Value Secured with 12 Month Bridging Loan
Complex Property Purchase in Wales £300k Under Value Secured with 12 Month Bridging Loan
Area
Wales
Capital Raised
£960k

More Opportunities »

Contact Us

Bridging Finance Service

BRIDGING FINANCE SERVICE

Special features of what we offer include:

To investigate your bridging finance options call us on 0117 959 5094 or fill in our call back form.

For residential purchase we can provide bridging finance options and then provide mortgage solutions once the bridging loan is no longer required.

What is bridging finance?

Bridging finance is a specialist kind of short term loan designed solely for shorter term usage (1 to 18 months typically) to provide a temporary cash flow solution or ‘bridge’ before additional permanent finance becomes available.

The method for obtaining bridging finance is relatively straightforward compared to a typical mortgage application process. Like a traditional mortgage, a bridging loans is secured against your property. The bridging lender will require an independent property valuation and will carry out legal checks. Assuming everything is in order a legal charge will be place on the property (ies) in question.

With bridging a realistic and viable exit will be required by the lender. The key question for any bridging finance provider is how the loan will be repaid. The exit strategy is therefore a key requisite which will usually be sale of asset, or in the case of residential bridging might be replacing the bridge with a longer term mortgage.

How does bridging finance work?

Bridging finance is frequently utilised as an answer to a temporary cash flow problem. A common example of this type of situation is when a person wishes to buy a property but still needs to sell their existing home. A bridging loan can, in these circumstances, provide a solution by offering short-term funding before selling the property.

Finance may be offered in loan amounts ranging from £25,000 upwards, depending on your circumstances and which lender you approach.

Regulated bridging finance applies to properties where the property you are buying or selling is one you live in or intend to live in. Bridge lenders that provide this type of bridging are authorised and regulated by the Financial Conduct Authority (FCA). There are a smaller number of lenders who operate on this basis. Clifton Private Finance works with all regulated bridge lenders that offer competitive rates.

Non regulated bridging finance applies to properties that are investment related. There are many lenders who provide a service in this market depending on your requirements. Whether you are looking at light or heavy refurbishment, or where the property type of location is unusual, there will often be a funding solution.

bridging loan calculator

Bridging finance can be used for:

To investigate your bridging finance options call us on 0117 959 5094 or fill in our call back form

To investigate your bridging finance options call us on 0117 959 5094 or fill in our call back form
What Our

Clients Say

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Get in Touch

If you have any questions about our services or want to start making things happen please contact us