A bridging loan is a short term financial solution; it should be put in place with plans for a smooth transition to long term finance or sale. Bridging loans are available to individuals, partnerships, companies and trusts that need to access funds quickly for any legal purpose. Commonly this includes purchasing uninhabitable property, buying property at auction, land for development, funding modifications to property, purchasing stock, machinery or IT equipment but could also be used for other reasons such as settling an unexpected bill when there is a gap in cash flow.
Our bridging loan calculator will help provide you with a quick illustration of how much your monthly repayments are likely to be and is for guidance purposes only. It is not an offer of a bridging loan. A full Illustration is available on request and all applications are subject to lending policy and product availability.
For illustrative purposes only.
Additional fees may also be payable including a broker fee, a lender arrangement fee and a valuation fee.
Our mortgage brokers offer mortgage advice on a wide variety of mortgages, more detailed information about the different mortgages can be found below.