Bridging Finance

Regulated and Non-regulated Bridging Finance

We offer FCA Regulated bridging funding for customers who wish to use their main residence as security to raise funds quickly.

We are authorised to give advice.

Our Non-Regulated bridging finance is secured on a property that is not your main home and can be used for multiple purposes as long as there is a sensible repayment strategy such as a sale, refinance or other source of income.

We have the ability to clear funds within 3 days of inquiry. Our funds are ready for immediate advance; borrowers who are well prepared are able to achieve fastest draw-down times.

We won’t conduct a credit search at enquiry stage and so no footprint is left on your credit file.

Lending Criteria

If a proposal seems sensible, we will generally find a way to make it work.

Property must be of standard construction and for residential use
Flats above commercial units are considered on an exception basis
Short leases are acceptable where the unexpired term is greater than 50 years. Shorter leases are considered by exception
Listed properties are considered on a case by case basis
Non-UK residents considered
Foreign nationals considered
Power of attorneys considered
Gifted Deposit and connected party transactions considered
Evidenced income may exceptionally be considered as a repayment strategy in circumstances where we might otherwise decline a proposal

Key product features

Our documentation is written in plain English and we maintain a fair and competitive pricing structure with no hidden charges.

We lend from £150,000-£4m
Maximum LTV for 1st charges: 65%
Maximum LTV for 2nd charges: 60%
Security must be in England, Mainland Scotland or Wales
Arrangement fee from 1%
No upper age limit
Interest rates from 0.84%PCM
Interest is charged daily
Interest and arrangement fees can be paid on redemption
Funds are ready for advance
No early repayment charges (minimum term: three months)
We lend to individuals, limited companies, LLPs, sole traders, partnerships, SIPPs, SSASs and Trusts.

Typical uses of our finance

Our finance can be used for almost any purpose.

Common uses of our finance include, but are not limited to:

Buying/Securing a property before selling existing property
Downsizing and releasing equity before a sale or refinance
Relocating
Releasing funds for long term financial security/pension planning
Property improvement/refurbishment
Divorce
Avoiding early encashment of an investment portfolio
Residential Care
Long term Nursing Home, Care, Needs Annuity
Purchase of a new home pending completion of Equity Release Scheme
Purchase of Freehold/Extending Lease
Building a new home
Helping Children to buy their first home
Purchase of Investment property
Inheritance Tax planning
Inheritance Tax payments
Moving abroad
Payment of Income tax/Corporation tax
Repayment of Directors and Related Party Loans
Pension planning
Investment opportunities
Establishing a new Company/Business
Buying out a business partner
Working Capital
Helping Children/Grandchildren with School or University costs Business Acquisition
Move to Sheltered Accommodation