Bridging Finance
WHAT IS A BRIDGING LOAN
A bridging loan is a form of short-term funding secured against a property, be it either residential or commercial. The traditional bridging finance was used to complete a purchase when a property purchase chain had broken down. More recently bridging loans are used for a wider variety of circumstances as many more lending providers are available.
HOw can we help you
The specialist bridging finance team at Manageable Mortgages are able to arrange some of the best value, and bespoke bridging facilities in the market for you. We are also able to arrange the exit on the bridging loan where required, often on bespoke terms not widely offered throughout the market, giving our customers the peace of mind of having an exit option set up prior to completion.
KEY FEATURES
- No upfront fees
- Up to 80% available
- No exit fees
- 24 month terms available
- Interest can be retained, rolled up or serviced
- Regulated (for personal home) or unregulated loans available
- Residential and commercial bridging
- Whole of market fully advised service available
circumstances
Bridging loans can be arranged under the following circumstances and terms, not limited to:
- Regulated and unregulated loans
- Chain breaks
- Limited company applications
- Light and heavy refurbishment options
- Stage payment releases
- Auction purchases
- Non-mortgageable properties
- Properties requiring refurbishment (light, medium, or heavy)
- Full development bridging
- Below market purchase
