Our Bridging Loans are secured against UK property or land assets and are normally required quickly, for a relatively short period of time (between 1 and 12 months) and mostly when other more traditional financial methods, such as a mortgage, are not available to the borrower at that time.
Bridging Loans are secured by way of a formal Land Registry charge in the same manner as most high street funded mortgages or loans. This charge prevents the security being sold or refinanced without repayment of the loan.
The borrower receives the net loan required and unlike a mortgage doesn't normally make monthly payments. The loan is designed to be repaid in one payment on or before the agreed term, including all interest generated.
A formal timeframe and exit route such as sale or refinance is agreed with the borrower prior to commencement of the loan.
Please fill in the form below to get in touch with us.