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Rates from: Downsizing/Upsizing Releasing Funds From Your Home Short Term Lease Finance Auction Purchase As at 16th June 2022 Rates from: Light & Heavy Refurb Finance For Unmortgageable Properties Land Purchase with planning As at 16th June 2022 Rates from: Up to 80% LTV Minimum Loan £500k Minimum net income £100k Serviced monthly interest required As at 16th June 2022
Buying Before Selling?
Development & Refurb
Large Bridging Loans
Releasing Funds From Your Home
Short Term Lease Finance
As at 16th June 2022
Light & Heavy Refurb
Finance For Unmortgageable Properties
Land Purchase with planning
As at 16th June 2022
Up to 80% LTV
Minimum Loan £500k
Minimum net income £100k
Serviced monthly interest required
As at 16th June 2022
Property developers and home owners can find themselves in situations where they need a specialist short-term mortgage solution in order to sell a property. You may be wanting to buy a property to do-up-and-sell in a short time-frame. Or you may be wanting to buy-before-you-sell.
In both cases, the funding solution may be bridge finance, or bridging finance: a form of short-term property lending that bridges a finance gap between one situation and its long-term resolution, or "exit."
Bridging finance is flexible, quickly-arranged, and less dependent on your personal financial circumstances than conventional long-term mortgages. Here’s how it could work for you:
In situations where it’s clear you don’t intend to own the property long-term, standard buy-to-let mortgaging won’t be appropriate for you:
Bridge finance may also be a significant help to you in protecting cash flow if, for instance, you already own a number of properties on which you’re paying mortgages. An important feature of this kind of short-term finance is that the monthly interest can be "rolled up" into the loan, to be repaid at the end of the loan period (see below for how bridging finance works).
Ideally, when we move house or buy an investment property we would sell our current property first and use the money to fund the purchase without any need for interim finance. But there are a number of situations in which this isn’t possible, or desirable:
Get a quick cost estimate:
When you take out this type of short-term finance, you will usually have to agree your exit at the outset: that is, specify exactly how it will be repaid.
More details: How much does a bridging loan cost
One of our advisors will be glad to discuss your project in detail. Just call:
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!
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.
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.
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.
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.
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.
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.
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.