As a business, we sometimes have excess cash reserves which we can lend out to fellow investors if their deal is good. We will access each deal thoroughly and give you a quick decision in principle.  

A bridging loan is a loan to an individual or a company that can be taken out on a short-term basis, usually secured against a residential/commercial property until such time as the property is sold or refinanced with a long-term lender.

If you need short-term finance quickly, we can fund from £26,000 with a decision made the same day. Your interest and fees can be rolled up and repaid at the end of the loan term. Put simply, if you have a great property deal the profit you make at the back end can be used to repay the loan, saving your cash flow.

What we can offer

• Territory: We cover England & Wales 
• LTV: 80% of the Purchase Price or 70% of OMV, whichever is lower.
• Rates: +- 1% per month (We will try to beat any genuine quote you have received) 
• Interest: Rolled up. Deducted from Gross Loan.  Or added to the loan by negotiation 
• Fees: Agreed setup fee,  You pay for the valuation. You pay for your solicitor. You pay for our solicitor.
• Valuation: We instruct the valuers to act for us. You pay them directly.  Occasionally an online valuation alone will suffice. 
• Legals: We instruct our solicitor to act for us. You will need a solicitor.
• Type: Residential Buy to Let Property & Commercial.
• Security: By way of a First Legal Charge on property. 
• Loan Term: From 1 day to 1 Year.
• Loan Size: Minimum loan size from £26,000
• Purpose: Property Purchase and Refinance.
• Type: Loans can be either open or closed.

A Closed Bridge is when there is a guaranteed exit already established. An Open Bridge is when the exit is not guaranteed.

Purpose: The money raised through a bridging loan can be used for any legal purpose

All loans are secured on a 1st charge basis only. Loan to value is typically 80% of the Purchase Price or 70% of OMV, whichever is lower, this can be higher with additional security. Interest can be rolled up and paid at the end of the loan term. Purpose can be a purchase or refinance in some cases. Loans can be either open or closed subject to an understanding of the deal. We lend from £26,000 for the purchase of Residential Buy to Let Property & Commercial – depending on what it is. 

We only lend against properties that are not used as the borrower’s, or their immediate families, principal residence. 

Terms and conditions are negotiable. Most DIPs (Decision in Principle) are delivered the same day and funding is available within 24 hours, assuming legal is ok.  We instruct our solicitor to act for us. You will need a solicitor to act for you. We will also instruct the valuation, this is paid directly to the valuer. We usually expect loans to be drawn down within 28 days from instructions.