There are a number of reasons to use Bridging finance and one of the main ones is that the client is not locked into a long term agreement. Bridging is a short term loan that is taken out to solve a temporary cash flow or financial problem. They are generally set up for repayment anywhere between one and twelve months, and are usually only given to home or property owners, being secured against the building or buildings that are currently owned. This can be used for any purpose. To pay off other debts, renovation, purchase a property at auction, purchasing a second property before selling the first etc. We advise proceeding with caution and only agree to a bridging loan if the client is certain they can repay within within six to nine months.

• First and second charges available
• Borrowing generally between £15,000 and £500,000
• 70% of value of property less any current mortgage balance
• Self certification available
• No minimum term
• Most security types considered
• Quick turn around time