Elevating Possibilities: Large Bridging Loans for Seamless Property Transactions

  • Short term loans
  • Funds released quickly
  • Residential and commercial properties
  • Terms of up to 24 months

Bridging finance for property development offers a swift and straightforward avenue to secure funds for initiating or concluding a development project. The borrowing amount is flexible, with no set limit, making it well-suited for addressing unique project needs efficiently. While recognized as a high-risk lending model, its cost aligns with this profile, making it a form of short-term secured loan. This lending solution proves particularly beneficial for property developers and business investors seeking prompt transactions, often intending to refinance or sell within a defined timeframe.

Benefits of Bridging Loans for Property Development

  • Quick Access to Funds: Bridging loans provide rapid access to necessary funds, enabling quick responses to time-sensitive opportunities or urgent financial needs.
  • Flexibility in Borrowing: These loans offer flexible borrowing amounts tailored to project requirements, making them adaptable for various real estate ventures.
  • Short-Term Loan Solutions: Bridging loans are designed as short-term financing, making them ideal for bridging gaps in funding during property transactions or development projects.

Check Your Rates

Loan type
£
Loan Amount
£
Property Value
£ Build Cost
£ Approx.. GDV
proposed property?
Loan Term
First Name
Last Name
Email
Contact Number

Your data will be held securely and contact will only be made for the purpose of providing a quote. Privacy Policy


Why Work With Us?

PropertyFinanaceCompare.com is a team of professional brokers, not lenders. We become a bridge between borrowers and lenders to enter into different types of loan agreements, including both secured and unsecured loan agreements. 

Reliable property development loan comparisons that you can trust. It is always nice to know that our clients are on the right track. What makes us different

 

What makes us stand out from our competitors?

Property finance compare has become a staple form of a brokerage firm that can help clients in almost every commercial property purchase or redevelopment project. The designed financing option help developers to quickly access the funds and compare rates needed to buy various types of commercial property until they are rented sold or refinanced under another mortgage form. 

What is property finance compared for?

In simple words, businesses that are looking for flexibility and growth. We are now working with many property developers, allowing them to compare different funding options and quickly access funds.

What are the benefits of working with us?

Tailored financial advice24/7 customer servicesReputation in the UK property development industryRelationships with a number of top lendersSuccessful project completion records

What’s difference b/w a lender and a broker?

A lender is a financial institution that makes a loan directly to you. A broker does not lend money.

FAQs

What is a bridging loan?

A bridging loan is a form of short-term property finance that allows developers to buy or refinance a property when a mortgage is not the best option.

  • Buying under-value property from an LPA Receiver
  • When you require the loan for a short-term
  • When buying at auction which needs to complete within 28 days
  • Borrowing against value not purchase price
  • If you want to refurbish the property 

How can I differentiate between a mortgage and a bridging loan?

The difference between a bridging loan and a mortgage is that the loan can be secured against a property that may not be suitable for a normal term loan i.e. and not fit to live in a property that is to be refurbished, a property whose title will be changed, or if the class of use of the property is to be changed throughout the loan. There are many different uses for a bridging loan. 

Funds are available much more quickly than a mortgage; typically 3-4 weeks. Also, the interest payments for the bridging loan facility can be rolled up throughout the term, which means there would be no monthly interest payments.

Are there monthly payments?

It depends, you have the option; of either interest rolled up and deduction from the gross loan or service of the loan. The choice is yours. 

How does property development finance comparison help?

As bridging loans are for the short-term, each client must have a plan in place to pay off the loan at the end of the term. This is known as an “EXIT plan” – often a buy-to-let mortgage to refinance the investment property.

Are there other costs involved?

Typical charges on bridging loans are an agreement fee, valuation fee, and legal fees. A valuation fee is dependent on the type and size of the property. The interest rate paid per month will be determined by the type of property and whether the borrower has good credit.  Some bridging lenders charge an administration fee, and for deals, they may charge an exit fee when the loan is repaid.