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?

Residential Bridging Rates from

0.48% pm

Downsizing/Upsizing

Releasing Funds From Your Home

Short Term Lease Finance

Auction Purchase

As at March 2019

Development & Refurb

Fast Finance

Developer Rates from

0.38% pm

Ground Up Development

Light & Heavy Refurb

Finance For Unmortgageable Properties

Land Purchase

As at March 2019

Commercial

For Business Purposes

Commercial Rates from

0.43% pm

Fund Business Growth

Property Purchase

Business Opportunities

Auction Purchase

As at March 2019

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

Finance for Lincolnshire Class Q barn conversion into 2 dwellings
Area
Leicestershire
Capital Raised
£660K
No-drama downsize with bridging finance to pay for renovations
Area
Oxfordshire
Capital Raised
£200K
Buy to let mortgage on portfolio not passing income stress test
Area
Kent
Capital Raised
£580K
Superfast exit to a mortgage from short-term borrowing
Area
SE London
Capital Raised
£862K
Exit for BTL bridging loan with capital release to buy another investment property
Area
Slough
Capital Raised
£125K
Bridge finance for Yorkshire developer to buy one of his own houses at build price
Area
N Yorkshire
Capital Raised
£400K

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

Latest

Property Finance Deals & Insight

UK expat living in Portugal? 4 ways we help with a UK mortgage
Don’t pay a penalty because you’re trying to organise a mortgage from Lisbon or Faro. We can arrange the best expat mo...
11-11-2019
How To Get Development Finance To Develop Property In London
London is still a city of cranes, scaffolding and builders' skips. The capital’s insatiable demand for housing and new forms...
05-11-2019
Equity release: how to get money out of your home in retirement
Homeowners in their 50s and 60s are realising that the cash locked up in the value of their homes is a valuable asset that they ne...
04-11-2019
What is top slicing in buy to let mortgage borrowing?
And how can it help your application for a mortgage to buy a rental property? The origin of the term is lost in the mists of time...
02-11-2019
View More »
Get in Touch

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