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When can bridging finance be used?


Standard bridging is ideal for customers looking to secure the purchase or refinance of a residential or investment property
including:

Chain break – whilst waiting for an additional property sale
Raising funds for short term requirements
Auction purchase
Capital raising for any legal purpose
Meeting tight transaction deadlines

Light refurbishment:

Light refurbishment is used where short term finance is needed for items such as:

  • Modernising properties
  • Replacing kitchens and bathrooms
  • Properties deemed uninhabitable/unletable by long term lenders

Heavy refurbishment:

Heavy refurbishment is where you may require short term finance for works that require building regulations or planning permission.This could help with:

  • Conversion and reconfiguration of residential property
  • Commercial to residential
  • Completing a development that is wind and water tight
  • Extension, loft conversion and basement digs
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Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.

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