Bridging Loan Specialists
Fast, Simple and Transparent Finance.
- Loans from £50,000 to £5,000,000
- Up to 75% LTV, 1st and 2nd charges accepted
- Decision within 30 minutes
- Completions within 48 hours
- 3–24 month Loan Terms
- Advisors available 7 days a week
Finance, made simple
Providing reliable bridging loans, our expert brokers take care of everything for you.
Call 01625324205
Borrow up to £5,000,000
Flexible lending tailored to your needs, whether it’s residential or commercial.
Rapid decision
Get a decision within 30 minutes to keep your project moving.
Fast Payout
Completions within 48 hours to meet your deadlines.
Verified customer reviews
I couldn't be happier with the service I received from Bridge Street. They were incredibly efficient and professional throughout the entire process. I needed bridging finance to secure a property quickly, and their team understood the urgency. They provided clear, transparent information, and the funds were available much faster than I anticipated. This allowed me to complete my purchase without any stress. I highly recommend Bridge Street for anyone needing quick and reliable bridging finance.
Working with Bridge Street was a fantastic experience. From the initial inquiry to the final approval, their customer service was top-notch. They took the time to understand my specific needs and tailored a financing solution that worked perfectly for me. The whole process was smooth and straightforward, and their interest rates were very competitive. Thanks to them, I was able to secure my dream property without any financial hiccups. Highly recommend their services!
I had never used bridging finance before, but Bridge Street made the entire process simple and stress-free. Their team was incredibly knowledgeable and patient, answering all my questions and guiding me through every step. I was impressed by their quick turnaround time and the flexibility of their financing options. Because of their excellent service, I was able to complete my property transaction seamlessly. I wouldn't hesitate to use Bridge Street again in the future or to recommend them to others.
Getting bridging loans over the line
With over 20 years of experience and a vast network of lenders, bridging loans are secured quickly and efficiently.
About
Frequently asked questions
- Loans from £50,000 to £5,000,000
- Decision within 30 minutes
- Completions within 48 hours
- Up to 75% LTV, 1st and 2nd charges accepted
- 3–24 month Loan Terms
- Advisors available 7 days a week
Commercial bridging finance is a short-term loan secured against a business property. Borrowers must have a clear repayment strategy, which could involve selling the property, raising funds from business operations, or refinancing into a longer-term loan like a commercial mortgage. These loans are ideal for businesses needing quick access to capital for various purposes, such as property purchases, renovations, or covering temporary cash flow issues.
Yes, a Limited (Ltd) company can obtain a bridging loan. If the company has assets with available equity, it can use those assets as security to secure bridging finance. This is a viable option for businesses needing quick capital for various purposes, such as property acquisition, refinancing, or business expansion.
When applying for a bridging loan, lenders will want to know the purpose of the loan. Additionally, you must provide security in the form of a residential property, commercial property, or land that the lender can use to secure the loan. This ensures that the loan is backed by valuable collateral, which can be sold or leveraged if necessary to repay the loan.
Bridging finance is a short-term loan designed to cover immediate financial gaps. It helps 'bridge the gap' in a company's finances, providing quick access to funds when needed urgently. Unlike mortgages, bridging loans can be secured rapidly, making them ideal for situations with critical time constraints, such as property purchases, business expansions, or urgent renovations. Borrowers use these loans until they can secure more permanent financing or sell the property.
A refinance exit is a strategy to repay a bridging loan by obtaining a traditional mortgage or another long-term loan. This allows borrowers to transition from short-term, higher-interest bridging finance to more stable, lower-interest financing. This is a common exit strategy, alongside selling the secured property, to ensure the bridging loan is repaid in full.
Yes, in many cases, your existing lender will allow a loan extension at least once to avoid default. Typically, there is a fee for an extension or rescheduling. These extended terms are usually more expensive and shorter than the original loan period. Always check the specific terms and conditions with your lender.
Yes, bridging loans are designed with flexibility in mind. Most do not impose additional exit fees for early repayment. Interest is charged only for the period the loan is outstanding, so paying it off early can save you money on interest. The primary motivation for early repayment is to minimize interest costs. Always review your loan agreement for any specific terms related to early repayment.
A common exit strategy for a bridging loan is refinancing to a mortgage. The lender will assess the feasibility of this plan before approval. Other exit strategies include selling the secured property or raising funds from other business operations. It’s crucial to have a clear and realistic exit plan when taking out a bridging loan to ensure timely repayment and avoid additional costs.
