Think you might need a short term bridging loan?
Bridging loans are a short term financial solution that uses property as a security. They allow you to access capital, to facilitate the acquisition, refurbishment or development costs of a property.
At The Finance Company, we are simplifying finance. We provide our clients access to the best deals. We have years of experience so we understand finance. Bridging loan finance is unique and every loan is tailored to our client’s needs.
What is a bridging loan?
1A short term, fast and flexible finance solution
2Loans from one to 24 months
3Bridge the gap between the purchase and the sale of property
4First and second charge loans available
5No early repayment charges
6Residential and commercial property finance
There are many reasons people use bridging loans. The most popular is to bridge the gap between the sale of one property and the purchase of another. A bridging loan is a short term finance solution to tide you over until long term credit becomes available. Bridging loans can be secured against residential properties, commercial properties, properties to be refurbished and land with or without planning.
Bridging lenders will lend in situations where traditional lenders will not. They can provide loans in much shorter timeframes if quick completions are required.
Get in touch if you have any questions about bridging finance.
Why The Finance Company?
We are a specialist finance broker that approaches every enquiry with the same thoroughness. Our team of experts removes the complicated processes of finding property finance, and the relationships we have with our panel of lenders mean we get our clients the most suitable deals.
- Not restricted in any shape or size
- We make finding finance simple
- 35 years experience of lending
- Committed to finding you the best package
- We are a broker for life
- Regulated and unregulated loans
- A large panel of lenders from high street banks to specialist finance
Whether you’re a property developer or property investor, it doesn’t matter. Our approach to sourcing finance will be specific to you. We spend time understanding the needs of our clients and the request. That coupled with our in depth knowledge of property finance means we will get you the most appropriate package.
Frequently asked questions:
A bridging loan is a short-term loan that typically lasts between one - 24 months. It is usually taken out in order to bridge the gap between one property transaction and the next.
Anyone can apply for a bridging loan, either as an individual or limited company.
Bridging loans are for clients who need quick, short-term capital to fund a property project. This includes those who:
- Bridging the gap between purchase and sale
- Chain breaks
- Deals that need to be completed quickly
- Property investment
- Undervalue transactions
- Uninhabitable property
- Contract reassignments
- Business purposes
- Refurbishment and build projects
- Scheduled drawdown advances
- Land with planning
- Adverse credit
- Quick completions
- Lease extension
By using The Finance Company we can source the finance you need. We have a panel of lenders who are flexible with their lending requirements. We aim to get you the best deal.
A broker acts as the middleman between the borrower and the lender to facilitate a transaction. With the expertise of the broker, they are able to discuss, negotiate and source the best deal for the borrower. The broker makes it simple.
We can get you a bridging loan in a short amount of time if a quick completion is required.