Bridging Loans

If the exact timescale for repayment is hard to judge, open bridging loans may be the better option.

If you have a clearly defined and secure exit strategy then a closed bridging finance will be more appropriate than an open bridging loan.  The fees and interest payable are no different to an open bridging loan but the likelihood of your applications approval is increased.

Purchase a building plot or land with or without planning permission using bridging finance.

As commercial bridging loans tend to be more complicated than a residential bridging loan, interest rates are always substantially higher than residential rates.

Purchasing auction property using bridging finance will enable you to bid with confidence.  Loans will be assessed on the type of property purchased, the placement and your intentions.