FAQ’s
Frequently Asked Questions
Answer to the Question
We offer some of the most competitive interest rates in the bridging finance market. Your specific rate will depend on the loan amount and security, but we always aim to provide a market-leading rate.
Answer to the Question
Our costs are transparent and minimal. You’ll pay an arrangement fee and standard legal/valuation costs, all of which will be clearly outlined upfront with no hidden charges.
Answer to the Question
We typically lend up to 70% loan-to-value (LTV) on residential properties, though this can vary depending on your specific circumstances and exit strategy.
Answer to the Question
We specialise in fast bridging finance and aim to complete cases within 7-10 days from application to fund release.
Answer to the Question
What is the process for getting a bridging loan?
Answer to the Question
While we can provide initial approval very quickly, the legal process for property transactions typically takes several days. We focus on completing the entire process within a week rather than making unrealistic promises.
Answer to the Question
We work with.
- Property investors and developers
- Homeowners needing to bridge between properties
- Business owners
- Limited companies and SPVs
Answer to the Question
We take a pragmatic approach to lending. While we conduct credit checks, we focus more on your exit strategy and property security than perfect credit history.
Answer to the Question
This is your plan for repaying the loan. Common exit strategies include:
- Selling the purchased property
- Selling another property
- Securing long-term mortgage finance
Receiving business funds or inheritance
Answer to the Question
Yes, bridging loans typically have higher interest rates than traditional mortgages because they’re short-term solutions designed for specific situations where speed is crucial.
Answer to the Question
We are an unregulated lender, which means we can offer more flexible solutions for business purposes and complex property investments that fall outside FCA regulation.