Bridging finance is short-term funding (usually 1-12 months) secured on land or property where speed of completion is usually critical as bridging facilities are often required to resolve a temporary cash flow problem or to meet tight deadlines?

Most clients are accepted, regardless of their past history, including any amount of CCJs, mortgage arrears or defaults. In fact all situations are catered for, including those receiving income from D.S.S benefits, sole traders, limited companies and pension funds.

All types of semi-commercial, commercial and residential property and land are accepted including un-mortgageable, high rise flats, right to buy and non standard construction properties. All freehold and many leasehold properties are acceptable throughout England, Scotland and Wales.

Bridging can be utilised for many purposes, including:

Property conversion

Bridging can provide the finance for projects that many mainstream lenders will not consider.

Purchase at auction

Where the client has already agreed to purchase at auction and has limited time to complete.

Development

Funds can be provided for both commercial and residential development projects regardless of current land ownership, 100% funding is available, subject to LTVs and additional security.

Capital Raising

Funds can be arranged quickly for any legal purpose within restricted time frame.

Bankruptcy

A Bridge can be arranged to provide funds on a second charge behind mainstream lenders or independently in order to avert pending bankruptcies.

Funds can be raised on a Bridge for usually up to 85% of the property value, but 100% is available with additional security. A bridging Loan can be arranged within days.