Bridging Loans

A bridging loan is ideal if you want a large amount of money quickly for any purpose.

UK Bridging loans are generally secured on  property or other assets of high value - meaning that the value of your asset is used to guarantee your loan.

Payments are interest only, so your monthly repayments are lower as you are not paying back any of the bridging loan principal. As bridging loans are short-term loans, the interest rate will tend to be higher than that of, say, a mortgage, making bridging loans unsuitable for long term financing, but highly useful and profitable for when you need funds fast.

You may need a substantial amount of money for a short period of time, normally 2 - 6 months.  For example, you may be buying a house and need a personal bridging loan to complete the purchase before your mortgage is ready to be released, or you may wish to buy a new home and need the money to pay for it while your present home is being sold 

Adverse or Bad Credit History?

Bridging loans are also available to people that have found it more difficult to get mortgages. This enables these people to build a track record before applying for the conventional mortgage.

As the loans are secured on property, they can be effectively used to raise capital for any purpose, regardless of credit history. We can help with IVA, IVA'S, BANKRUPT, BANKRUPT'S, CCJ, CCJ'S, ARREARS, DEFAULTS, MISSED MORTGAGE PAYMENTS.

Don't despair, just ring us and speak to an advisor in confidence.

How long does it all take?

• You should expect the entire process to take 5 to 10 days - i.e from your first application to the money being paid over to you. It could be done quicker but it depends on how fast you want to move and if there aren't any significant hiccups.
• Completion possible within a minimum of 5 days.
• Fast efficient professional service.
• Funds available for any purpose.

Let us take the strain and we will do the leg work for you.

Stop worrying as we can arrange your interest only bridging loan on a self certification basis.