Roma Finance Bridging Loan
Together Bridging Loan
Shawbrook Bridging Loan
United Trust Bridging Loan
Lend Invest Bridging Loan
Octopus Bridging Loan
Oblix Bridging Loan
Precise Bridging Loan
Fortwell Bridging Loan
Funding 365 Bridging Loan
Greenfield Capital Bridging Loan
Masthaven Bridging Loan
Amicus Bridging Loan
Tuscan Capital Bridging Loan
Regentsmead Development Finance Bridging Loan
Kuflink Bridging Loan
Mint Bridging Bridging Loan
MT Finance Bridging Loan
Bridgebank Bridging Loan
Ortus Bridging Loan
Bridginglink Bridging Loan
Holme Bridging Loan
Hope Capital Bridging Loan
Goldcrest Bridging Loan
Quivira Bridging Loan
Affirmative Bridging Loan
Lowry Bridging Loan
The whole process is really quick, simple and and we’ll have found a great loan deal
for your individual circumstances quicker than you can say bobs your uncle.
Please complete our loan eligibility form on the next page.
A member of our friendly loans team will call you at a convenient time for a quick fact find call. These calls typically take no more than 5-10mins so let us know when you're having a tea break and we can chat then.
We'll scour the market to find you the best loan deal for your particular circumstances.
If you're happy with the loan product & lender we recommend we'll deal with all the paperwork & documentation for you and arrange for funds to be transferred to your account.
Proper Finance has an award-winning team dedicated to bridging loans for all purposes. If you are looking to borrow between £25,000 and £25 million against a tight deadline, we can help. We are a bridging loans broker with access to a number of deals and offers in one place and can help find the best finance to suit your requirements.
Bridging loans are a type of finance commonly used to help complete property deals within a short timeframe. Whether moving house, a buy-to-let or completing at an auction, a bridging loan allows you to avoid traditional property chains and access finance in around 2 to 3 weeks from a specialist lender, compared to waiting several months for a traditional mortgage.
Bridging finance is always secured against a property, either by way of first or second charge. The amount you can borrow against the property is typically up to 70% LTV, depending on the lender. The property is used as collateral and you risk this being repossessed if you do not keep up with repayments. The average loan term is 12 to 24 months, with the option to refinance at the end of the loan term.
Proper Finance is able to facilitate quotes from over 30 competitive bridging lenders, operating across the entire country including London, Scotland, the north and the south east. Our loans are available to private individuals and limited companies and can be secured on a residential, semi-commercial and commercial property or land – it doesn’t matter what the construction is or the condition, type or use of the property – we can help.
Moving home: For individual homeowners, bridging loans are an effective way to purchase a new home if you have not sold your existing home. The source of finance allows you to complete on your ideal home, beating other potential buyers to the post. Then, when your original house eventually sells, you can simply repay the bridging loan in full.
Buy-to-let: Our loans are popular for property investments who are looking to renovate or refurbish a new or existing property and then resell on the open market or rent out to tenants.
Auctions: There are significant discounts for properties that can be purchased at an auction. With 28 days to come up with the full amount or risk losing the property, bridging loans give you the opportunity to access quick finance secured against the property.
Whilst regulated loans are subject to credit checks, we work with specialist non status bridging lenders who will take a view on poor credit, CCJs and IVAs. Instead, these lenders will prefer to look at the property in question, your plans for it and its potential value. Thus, allowing you to borrow the amount you need and complete on the property in question.
A bridging loan application typically begins with an overview of your loan term and requirements and provided that it meets the initial criteria, you will receive a decision in principle highlighting the potential borrowing terms and rates.
This will be followed by an official valuation of the property to confirm its worth. With the final details of the property and the loan agreement signed off by both your solicitor and the lender’s, your loan can be processed and funded within a matter of weeks.
Proper Finance have a bridging team with years of experience and some members have worked previously with the best bridging companies in the industry. Simply speak to one of our advisors today and we will provide you with a personalised quote and help you secure the finance you need as quickly as possible.