What Is A Bridging Loan | What Is A Bridge Loan Mortgage | BuildStore
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Bridging Loans

What is a Bridging Loan

A bridging loan is a short-term loan that can be invaluable in emergency cashflow situations, such as fulfilling an urgent HMRC tax bill or saving a property chain from collapse. They're also particularly useful when mortgage products are deemed unsuitable to carry out renovations, conversion and refurbishments of properties where there is a requirement to turn around transactions quickly.

With a bridging loan, there is a maximum term of 24 months (12 months regulated), and you will need to provide the lender with a clear exit strategy. This might be by refinancing to a basic or buy-to-let mortgage, selling the property or other means.

Whether you're an experienced property developer or a complete novice, BuildStore's short-term funding team is on hand to offer one-to-one support to get your deal over the line quickly and make the process of arranging a bridging loan as simple as possible.

Our vast experience in the construction sector, and our first-class relationships with all of the main lenders and bridging distributors, mean we can find you the best deal for your requirements from a wide range of sources. At BuildStore, you can be sure you are in safe hands.

financing a self build with british pounds sterling currency 685913104

  • Up to 75% LTV
  • Minimum loan size £25,000
  • No maximum loan size
  • Minimum term - 1 month
  • Maximum term - 24 months (12 months regulated)
  • Rates from 0.41%
  • No upfront fees
  • First and second charge loans
  • No age restrictions and not based on income
  • Product availability in England, Wales and Scotland
  • Straightforward, transparent and quick