Bridging Solution

A bridging loan is used to bridge the gap between purchasing and selling a property, or it allows our clients to raise quick funding for an investment or purchase until they are able to arrange a longer-term solution.

Through our extensive experience in the mortgage and bridging finance sectors we are able to guide clients through the most appropriate usage for bridging finance.

We will do everything to help arrange a funding solution for our clients quickly and efficiently, meaning you can offer bridging services with confidence.

How long does it take?

Funds can be drawn down within five days.

When is bridging appropriate?

Broken chain

It can be very stressful for clients when a buyer pulls out and the purchase is in jeopardy. Bridging can allow the client to meet their completion date; the bridging will then be redeemed from the proceeds of the client's existing property. If you can help a client through such a difficult period they will clearly be extremely grateful.

Lender turnaround time

As brokers we have all experienced the frustration of prolonged lender turnaround times, causing distress to the client as a completion date approaches. Bridging will allow the completion date to be met and can be redeemed once the mortgage completes.

Auction

As soon as the auctioneer's gavel falls contracts are exchanged. Bridging gives the client the certainty of knowing that finance is in place before the 28 day deadline.