Bridging Loans
Leading UK broker for bridging loans since 2004
Looking for fast bridging loans in a restricted time frame or for an unmortgageable property or challenging asset class? Are you looking for refurbishment finance with the cost of the work and interest added to the loan? As a specialist broker with access to a 400+ lender panel, we’re here to help so that you can complete your property transaction as quickly and smoothly as possible.
Specialist Bridging Loan Broker Since 2004.
Fast, flexible property finance when your need is urgent.
You can have your short-term property finance made simple. If you need bridging finance urgently, are purchasing an unmortgageable property or require refurbishment funds, we can arrange fast and competitive solutions from our panel of over 400 lenders.
As one of the UK’s premier bridging loan brokers since 2004, we have arranged appropriate finance for investors, developers and homeowners quickly, cleanly, and without fuss.
Fast decisions in hours, funded in days
With access to a panel of 400+ lenders, we can source the right solution at the right time for all time-sensitive property transactions:
- Urgent completions (within 24 – 72 hours)
- Auction purchase
- Chain breaks
- Refurbishments
- Unmortgageable buildings
- Investment properties
Funds are typically available within 3 – 4 weeks, but lenders can move even faster with an AVM valuation if the need is urgent.
Key bridging loan features
Bridging loans arranged through our 400+ lender panel are a preferred borrowing option for the following reasons:
- Loans from £100k
- No upper borrowing limit
- Rates from 0.8% per month
- Up to 90% of purchase price (or 75% LTV on OMV)
- Terms from 1–24 months
- No monthly repayments (interest rolled up)
- Poor credit accepted
- First or second charge options
- UK & Western Europe
- Individuals, Ltd Co’s, LLPs, Trusts, SIPPs
What is a bridging loan?
Bridging finance is short-term property finance to “bridge” a gap between, typically, purchase and refinance or purchase and sale. The asset that the bridging finance is secured against can be varied, compared with traditional mortgages, and will often be:
- Not liveable.
- The subject of title changing or redevelopment/reclassification of use.
- An asset that is not appropriate to form part of a standard term loan.
We work with a panel of over 400 lenders to ensure the correct product is sourced.
Understanding the various bridging types
Bridging loans are structured in various ways to meet different needs. Here is a breakdown of the more common bridging packages.
For both homebuyers, investors, BTL landlords and on HMO conversions.
For office, retail, industrial, mixed-use and specialised assets.
From minor to extreme works, including any build costs and interest rolled over within the loan amount.
A fast turnaround solution to ensure the funds are ready to meet your 28 day completion timescale.
A solution for completing a development both new and existing.
Release capital or extend time to sell completed properties or developments.
Bridging loan process
We’ll be on hand to advise and help broker the deal.
Tell us about your project.
With products available from our panel of 400+ lenders, we can find the product that best suits your needs.
The application and relevant documents are completed for you.
From valuation to completion, we endeavor to deal quickly and transparently.
Properties our lender panel can finance
Bridging finance is available for nearly all types of property.
- Residential
- HMOs
- BTL portfolios
- Mixed‑use
- Retail
- Offices
- Industrial
- Hotels
- B&Bs
- Student accommodation
- Land with planning
- Farms
- Pubs & restaurants
- Petrol stations
- Care homes
- PD schemes
Why use a specialist bridging loan broker?
A broker’s job is to make sure you get the best deal possible… negotiating hard and getting rates as low as possible.
With nearly 1,000 lenders in the market, criteria change constantly. A specialist bridging broker like us, with a panel of 400+ lenders, ensures:
- Faster approvals
- Lower rates
- Fewer obstacles
- Correct lender selection
- Urgent approval
- A smoother, stress-free process
Lending criteria and fees
Lenders on our panel typically advance up to 75% LTV on residential security, 70% on commercial and 73% net on refurbishment projects.
Tiger Financial arranges unregulated bridging finance only, for business and investment purposes. If you or a family member will occupy the security property, the loan is regulated by the FCA and we are unable to assist – you should speak to an FCA-authorised adviser.
You will be liable for the cost of the lender’s legal fees… arrangement fees are typically 2%.
Bridging loan costs versus what counts
Clients focus on the lowest rate, or that it’s “too expensive”. But every finance method has an opportunity cost; a mix of speed, flexibility and price. The extremes are:
- Ultra-fast private money, no valuation, minimum checks, cash within days, at a cost of more cash.
- Ultra-cheap bank rates, cheap cash with delays, restrictive, inflexible and refused by the credit committees.
Instead of these extremes what really matters is that Bridging loans should ideally:
- Quick decision process, vital if a deal is time critical and competitive.
- Flexible criteria, suits un-mortgageable, under-valued or complicated property, if the terms are affordable.
- Better cash flow, roll up interest, no repayments during the term of the loan.
- Higher LTVs, lenders offer a maximum 75% on value, not purchase price.
- Non-status options, a client’s credit profile often acceptable.
- Minimal underwriting, limited paperwork; no income checks or a valuation may be bypassed by some lenders.
The cost of bridging finance could be higher but is it worthwhile if the deal is lucrative and not achieved at all with another facility?
Bridging loan calculation
Before proceeding with an application it is always best to determine if you can meet the required repayment terms for loan term. Our bridging loan calculator is a quick and simple way of establishing this.
Any questions?
With any type of borrowing, there are always question to be answered beforehand. Our aim is to make sure you understand exactly what you are dealing with and how it all works. If you need anything explaining, feel free to contact us.