Specialist

Bridging Loan Rates

Bridging Loan Rates

Clifton private finance

We specialize in arranging financial solutions for residential and commercial property transactions

Bridging Loan Rates:

As at 14th September 2020

Residential

Buying Before Selling?

Rates from:

0.41% pm

Downsizing/Upsizing

Releasing Funds From Your Home

Short Term Lease Finance

Auction Purchase

As at 16th June 2022

Development & Refurb

Fast Finance

Rates from:

0.45% pm

Light & Heavy Refurb

Finance For Unmortgageable Properties

Land Purchase with planning

As at 16th June 2022

Residential

Large Bridging Loans

Rates from:

0.27% pm

Up to 80% LTV

Minimum Loan £500k

Minimum net income £100k

Serviced monthly interest required

As at 16th June 2022

Contact Us

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


 
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

How To Get The Best Bridging Loan Rate

How To Get The Best Bridging Loan Rates For Moving House

For many a bridging loan will be something you only use once in your life. 

Financing the bridging of the gap between a purchase and a sale can make the difference of winning or losing a property.

If you are downsizing and you have found your dream property to move to a bridge loan can make the transaction reality.

Bridging finance is a means to an end. It is not cheap finance. Getting a competitive rate on the money you borrow is vital to ensure you are not paying over the odds.

Working with a specialist bridging finance broker can ensure you are getting the best deal possible.

As a first port of call use a bridging loan calculator to get a feel for the indicative rates available to you. The rate you will pay will come down to:

A good broker will have access to the leading regulated bridging lenders and will have access to rates that other brokers may not be able to access.

How To Get The Best Bridging Finance Rates To Buy A Property At Auction

 

When to use a bridging loan?

Unlike a mortgage, which can take a long time to secure, bridging loans are suited to situations where time is of the essence.

It is extremely competitive in todays’ housing market and therefore it is more important than ever to act quickly.

A bridging loan may be a viable option for the following:

Flexibility

Where mortgages require a regular payment of interest, bridging loans have the option to ‘roll up’ the interest.  This allows the borrower to repay the entire loan and interest at the end of the term of finance, which enables them to avoid monthly interest payments. 

Exit plan

Bridging loan lenders will only agree to provide a bridging loan if there is a clear exit plan in place. An exit plan is the method to repay the loan. For example this could be the sale of a property or repaying the bridging loan with the funds from a mortgage.

No early repayment charges

With a mortgage from a traditional lender, a borrower will incur an early repayment charge in the event that the mortgage is repaid too quickly.

If finance is only required for a short period of time, early repayment charges can be avoided with a bridging loan. Bridging loans are designed for short terms of finance, usually between 1 and 36 months. This allows the borrower the freedom to repay the loan as quickly as they like.

How to get a bridging loan

If you require a bridging loan, speak to our finance team to discuss your requirements.

To find out more about your bridging finance options, call us today on  0117 959 5094 or use the form above to get in touch.
What Our

Clients Say

Latest

Property Finance Deals & Insight

How to Get a Self Employed Mortgage - Everything You Need to Know
If you're earning a mixture of salary, dividends, bonus, rental, or other forms of income, you could struggle to reach your f...
24-06-2022
A Guide To Offset Mortgages: Are They Still A Good Idea?
With the latest increase in interest rates, rising inflation and mounting house prices, many homeowners are looking to r...
24-06-2022
We have put together some of the mortgage rates for UK residents and expats that we have recently placed and are currently availab...
16-06-2022
Latest News on Interest Rates - What does it mean for your mortgage?
As the Bank of England seeks to halt the pace of inflation, interest rates in the UK have risen by a further 0.25%. It marks the f...
16-06-2022
View More »
Get in Touch

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