Did you know
How much can I borrow?
This will vary from lender to lender, but loans of up to £50 million can be secured..
How long can I have a bridging loan for?
Bridging finance is a short-term solution, usually arranged over a period of 12-36 months, some loans, such as regulated bridging loans are typically restricted to a maximum term of 12 months
What is a first and second charge?
When you take out a bridging loan the lender will secure a “charge” against the property. A first charge will be taken if no other lender has an existing charge on the property. A second, third, or equitable charge will be taken if a charge is already secured against the property.
Bridging loans are available to individuals & businesses & can be secured against land, residential property and commercial property