Specialist
Bridging loan with a CCJ
Service for UK & International Property
Service for UK & International Property
Our specialist team of bridging loan brokers can offer:
Rates from: Downsizing/Upsizing Releasing Funds From Your Home Short-Term Lease Finance Auction Purchase As at 3rd January 2024 Rates from: Light & Heavy Refurb Finance For Unmortgageable Properties Land Purchase with planning As at 3rd January 2024 Rates from: Up to 80% LTV Minimum Loan £500k Minimum net income £100k As at 3rd January 2024 Thank You for your interest - please complete the form below and a member of our team will be in contact.
Residential
Buying Before Selling?
0.50% pm
Development & Refurb
Fast Finance
0.50% pm
Residential
Large Bridging Loans
0.50% pm
Contact Us
Those with poor credit history such as CCJs may find it difficult to source traditional lending from providers such as high street banks, and building societies - even if the debt is settled and in the past.
We have access to a wider variety of lenders - some of which will happily lend to those with a poor credit history when it comes to bridging loans.
These lenders will look solely at the value and location of your property as well as the assets you are looking to secure your loan against.
Therefore, they’re happy to consider those who might struggle to attain loans from traditional lenders.
If this is you, the very first thing you need to do is speak to an experienced broker about your circumstances to see what can be done.
Our specialist team of bridging loan brokers can offer:
Bridging loans are a short-term form of finance, usually secured against a property or asset. If you are in a time crunch when in the process of buying a home, a bridging loan can be very useful form of finance.
This kind of borrowing can be useful when buying property in many different situations.
These might include:
Depending on whether the property you are buying is intended to house members of your family, your bridging loan will be regulated or unregulated. Bridging loans will look differently depending on your situation.
For example, if you are looking for a bridging loan to enable you to downsize to a retirement property, this will be different to an experienced developer looking for a bridging loan to continue construction on an ongoing project.
But in both of these different cases, bridging loans can be used to release funds when they are needed in order to ensure a smoother financial transition in a situation where other forms of lending would not fit the time frame. The short-term nature of bridging finance makes these situations viable.
Bridging loans can be especially useful in situations where other types of finance are not viable due to the nature of the property. In the case of properties bought at auction, the payment for this property must be made within 28 days. This is not enough time for a traditional mortgage to be arranged, but it enough time for a bridging loan to be sorted out.
In the case where a property does not meet the criteria to be considered mortgageable, then a bridging loan can instead be used to fund the purchase without the restrictions of mortgage requirements.
If you are intending to have family members living in this property, you will need a regulated bridging loan. If you are buying without intent for a family member to live in the property, such as part of a development or an investment property, then you can have an unregulated bridging loan.
I approached Clifton Private Finance to help me get a mortgage as an Expat working in the Far East. I would normally 'cut out the middle man' on something like this and try to get myself a deal directly with the banks, but I am now sold on the broker concept and wouldn't hesitate to use Clifton Private Finance again. There were a number of complicating factors such as being an expat, the stamp duty holiday, the sheer amount I wanted to borrow and the fact I wanted it all wrapped up before the Stamp Duty holiday ended. It is clear to me now that the relationship that brokers have managed to foster with their banks means they can simply pull levers and make stuff happen that us ordinary folk cannot. Put simply, they are worth every penny, will take most of the stress out of the lending process, and seem to have access to deals that you just won't find on the internet. Thank you George and Jan for all your hard work!
James M
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
William W
The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
Chantelle S
Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
Myr B
I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
C Jefferey
Adam cannot thank you enough for all your support throughout this arrangement. You have gone more than the extra mile to support us. Without you we would not have got our dream retirement home. You have been most professional and personable. Liz and I would be more than happy if you wanted to use us a reference with respect to any future clients.
Nigel & Liz K - Bristol
You have certainly shown me that you do everything for your clients, including tolerating their excessive emails and questions for updates. I have been kept in the loop, from yourself, about why the delays were occurring (Nationwide, post etc) which I would like to highlight that I really appreciated. I certainly will be able to recommend you to others as and when the need arises.
Mr Morris
I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
Mr M. R. - Oxford
Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
Charles N
My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
Rowena C
