A bridging loan is used to bridge the gap between purchasing a property and selling a property or allows you to raise quick funding for an investment or purchase until you are able to arrange long term lending.

Bridging loans are secured against residential or commercial properties, which will be subject to a 1st or 2nd charge against your new or existing property. You may be able to borrow 100% of the purchase price of a property, if additional property is available as top up security. A regulated mortgage contract (RMC) is a 1st charge over your residential property or semi commercial property of which more than 40% will be occupied by yourself or a member of your family.

All RMC loans are regulated by the Financial Services Authority (FSA).

Length of loan: Unlike mortgages, we do not have a set range of products to choose from, we have lending guidelines and each bridging loan is custom-made to your specific requirements. The term of loan can last from 1 to 12 months.