Specialist

Bridging loan for Mortgage

Service for UK & International Property

bridging-loan-for-mortgage

Clifton private finance

We specialise in raising bridging loans on residential and commercial property transactions in the UK & Europe

We provide a specialist service for large bridging loans in the UK & Europe.

We can offer you:
  • Bridging finance from £750,000 up to £100 million
  • Exclusive rates from 0.43% pm
  • 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 finance (On a regulated basis), for residential property purchase e.g. downsizing, second residential property (UK & abroad)
  • 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)
  • Development bridging finance for new build residential and commercial properties and property conversion e.g. under permitted development rights
  • Business finance (Paying a 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
  • We provide professional service to help you get the money you need at the best available rates in line with your timescales

Residential

Buying Before Selling?

Rates from:

0.43% pm

Downsizing/Upsizing

Releasing Funds From Your Home

Short Term Lease Finance

Auction Purchase

As at September 2020

Development & Refurb

Fast Finance

Rates from:

0.38% pm

Ground Up Development

Light & Heavy Refurb

Finance For Unmortgageable Properties

Land Purchase

As at September 2020

Residential

Large Bridging Loans

Rates from:

0.175% pm

Up to 80% LTV

Minimum Loan £500k

Minimum Income £100k

Serviced monthly interest required

As at September 2020

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 0117 959 5094 to discuss your requirements.
Recent

Property Finance Deals

Low-cost £1.23M bridging loan with flexible terms
Area
Home counties
Capital Raised
£1.23M
£2M-plus bridge to buy new home plus rental property while awaiting sale of Sussex country house
Area
East Sussex
Capital Raised
£2.35M
Bridge finance for Channel Islands resident to build new Guernsey home
Area
Guernsey
Capital Raised
£800K
£2.6M 100% LTV residential bridging loan secured against 3 properties
Area
Kent
Capital Raised
£2.6M
Finish and exit for £1.95M barn development
Area
Sussex
Capital Raised
£605K
Development exit finance before practical completion on 4 Suffolk houses
Area
Suffolk
Capital Raised
£924K

More Opportunities »

Contact Us

Bridging Loans for Mortgages

In the property market, a bridging loan can be used in multiple ways – and one of these ways it can be used is to buy a house while waiting on a mortgage.

Bridging loans can be used to speed up the buying process of a property – mortgages can take quite a while to go through, and if the nature of your property is time-sensitive (eg if it was bought at auction) then you might want to consider short term finance instead. A bridging loan can be used to bridge this gap, enabling the buyer to purchase their new property without the waiting period necessary for a traditional mortgage. 

A bridging loan could also be very useful to solve one of the most common irritations in the housing market – the housing chain. This is when a series of properties are being bought and sold, but a delay on one property causes delays throughout the whole chain. By using a bridging loan, the delay on the stalling property can be solved, enabling the housing chain to be broken. 

When examining which is better for you it is worth considering how important speed is to your property interests. For example, mortgages can be slow to process, especially during peak season so if time is of the essence in your case, then you might want to consider a bridging loan. 

However, if time is less of an issue for you when approaching buying, you will probably get a more competitive interest rate from a mortgage, so this might be a better route to go down. Also, not all mortgages are very long term - there are some with a minimum term of five years, so for someone looking for a bit more flexibility, this could be a good option. 

There are some properties which cannot be mortgaged due to not meeting certain standards - in this instance, a bridging loan can be the ideal loan. Also, bridging loans have less limitations regarding what they can be used for than mortgages do, which is a plus for someone looking for a quick refurbishment loan rather than money to buy a property. 

 

Why use Clifton Private Finance?

Based in Bristol and Cardiff, Clifton Private Finance has expertise in sourcing large bridging loans; we have contacts with all of the leading banks and private lenders across the whole of the market. This means we can always offer our clients the best rates available for their borrowing needs. For examples of bridging loan cases we have completed for a range of funding scenarios please see our bridging loan case studies
If speed is a priority bridging finance can be arranged quickly depending on your situation. 
Call us on 0117 959 5094 to discuss your requirements.
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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