A leading UK Broker for large bridging finance deals. We specialize in the placement of all bridging loans over £500,000 with no upper limit.

BRIDGING LOANS

Short term finance enables businesses and investors to take advantage of opportunities which require transactions to be completed quickly. The focus on this type of finance is speed. It’s about closing the deal as quickly as required. Bridging loans give you a stronger negotiating position when buying property, enabling you to buy without a contingency on the sale of your existing property or other assets.

A Commercial Bridging loan can also be used for any legitimate purpose including investment property purchase, working capital, equity release, order fulfillment and similar requirements.

We can arrange a bridging loan from £500k - £Unlimited on a first or second charge basis. A typical bridging finance loan to value (LTV) is 70-80% against the Value of the property, with 100% possible if additional security is available.

• Need to raise funds in a few days (48hours is achievable)
• Require a second or even third charge on a property
• Have a poor credit history
• Have no accounts or proof of income
• Need to pay off arrears

Our experienced team of advisers has access to not only regular bridging banks but also venture capital and private funds that means that we have an unlimited source of capital for your project or venture.

We can Lend on any Asset such as:

• Land with or without planning
• Offices
• Retail Units
• Hotels
• Farms
• Residential Portfolios

TERM FROM 1 MONTH TO 12 MONTHS FROM AS LOW AS 0.99% PER MONTH

Valuation Firms

Please make sure prior to application that your valuation report has been done by one of the following companies.

Ashdown Lyons DTZ Savills Knight Frank CBRE King Sturge

Humberts Cushman & Wakefield Lambert Smith Hampton Gerald Eve Allied DM Hall (Scotland)

Details of the Bridging Loan Redemption can be:

1. An expression of interest letter from a bank
2. A concluded missive to sell on
3. A mortgage offer
4. A decision in principle letter from a bank
5. Development finance offer letter for post acquisition
6. Any proof of ability to repay loan after term

Summary:

Term: 1 Month – 12 Months
Max Loan to Value: 70-80% of the (OMV/FSV) less fees, costs and interest.
Rate: From 0.99% per month
Entry Fee: From 1%
Exit Fee: From Nil to 1 Months Interest depending on bank
Legal Fees: On a case by case basis
Adverse Credit: Usually accepted but explanation required if heavy
Bankruptcy: Accepted as long as discharged

WITHIN THE AMOUNT OF THE LOAN, IT IS POSSIBLE TO ROLL-UP INTEREST SO THAT YOUR MONTHLY FINANCES ARE NOT DISRUPTED. YOU SHOULD BE AWARE THAT THIS WILL INCREASE THE AMOUNT THAT YOU HAVE TO PAY BACK. ALSO, IT IS POSSIBLE TO ARRANGE A FACILITY WITHOUT A REDEMPTION PENALTY.