Specialist

Bridging Finance To Purchase Overseas Properties

Bridging Finance To Purchase Overseas Properties

Clifton private finance

WE SPECIALISE IN RAISING BRIDGING FINANCE ON RESIDENTIAL PROPERTY TRANSACTIONS IN THE UK

Our strength is as a broker is providing access to residential and commercial property finance.

We have access to high street and private banks, specialist lenders, family offices and wealth managers. We also have access to private investor funds.

  • Market leading bridging loans from £50,000 to £25m
  • Rates from 0.43% pm
  • Lower rates for £1 million+ loans
  • Terms from 3 months to 3 years
  • LTVs up to 80% (can be more if other assets in the background)
  • 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 (purchasing land or new premises, deposit for new purchase)
  • Alternative assets considered e.g. pension, investment portfolios, 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:

0.50% pm

Downsizing/Upsizing

Releasing Funds From Your Home

Short-Term Lease Finance

Auction Purchase

As at 3rd January 2024

Development & Refurb

Fast Finance

Rates from:

0.50% pm

Light & Heavy Refurb

Finance For Unmortgageable Properties

Land Purchase with planning

As at 3rd January 2024

Residential

Large Bridging Loans

Rates from:

0.50% pm

Up to 80% LTV

Minimum Loan £500k

Minimum net income £100k

As at 3rd January 2024

Contact Us

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


Call us on 0203 900 3040 to discuss your requirements
Recent

Property Finance Deals

Case Study: Fast Bridging Loan with Low Credit Score to Buy Before Sale
Fast Bridging Loan with Low Credit Score to Buy Before Sale
Area
North Wales
Capital Raised
£140k
Private Bank Bridging Loan for Renovation of Type B Listed Property
Private Bank Bridging Loan for Renovation of Type B Listed Property
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Fife
Capital Raised
£1.4m
Case Study: High Value Bridging Loan for Semi-Commercial Property
Bridging Loan for Semi-Commercial Property with Complex Exit Strategy
Area
Bath
Capital Raised
£2.55m
Bridging Loan Secured Against Unique New Build In Chichester
Bridging Loan Secured Against Unique New Build In Chichester
Area
Chichester
Capital Raised
£160k
Development Loan to Refinance New Build House
Development Loan to Refinance New Build House
Area
Daventry
Capital Raised
£1.6m
Case study: £1.2M Bridging Loan for Property in South Africa
Bridging loan on UK property to Purchase Home in South Africa
Area
Cape Town
Capital Raised
£1.2M

More Opportunities »

Contact Us

Bridging Finance To Purchase Overseas Properties

Bridging loans

A bridging loan is a short-term loan that can get you the finance you need to purchase an overseas property. Bridging loans can temporarily ‘bridge’ the gap when there is a shortfall in funding or a cashflow issue.

You will need a clear exit strategy in order to secure a bridging loan from a lender. An exit strategy is the method you plan to use to repay the entire loan at the end of the term of finance. The exit plan you could execute is using the proceeds of the sale of your existing property to repay the loan.

If you want to avoid paying monthly interest on your loan, then you could opt to ‘roll-up’ the interest on a bridging loan to pay at the end of the term of finance. Bridging loan lenders often provide the choice to ‘roll-up’ interest, which could allow you to direct your loan to the purchase of an overseas property and not to service monthly interest payments. If you choose to ‘roll-up’ the interest on your bridging loan, you would repay the loan and interest upon execution of your exit plan.

Why use a bridging loan to purchase overseas properties

It is commonplace for the majority of buyers to approach a traditional lender such as a high street bank for a residential mortgage when looking to purchase an overseas property. However, this might not be the best method to access the funding you need.

Typically, traditional lenders will only provide a mortgage to purchase a property abroad if they have an established branch in the country you intend to move to. This could restrict your options in relation to moving abroad.

If you have found a property that you want to purchase overseas, then you might require finance quickly to avoid losing out to another buyer. It should be noted that traditional lenders often take several weeks or even months to process an application, this could result in you losing your desired property to another buyer.

Bridging loan lenders are used to helping clients with unique requirements, which means that factors such as foreign currency, complex income and overseas property are not an issue.

Also, bridging loan lenders’ applications are processed quickly.  We work with some lenders that can process an application and release the finance you need within 7 working days, depending on your set of circumstances.  

Next steps

Our broker service provides expert help to source finance to help you purchase overseas property.

Call us today to discuss your requirements on 0203 900 3040
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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