Bridging Loans
Fast, flexible short-term finance
When you need to move quickly on a property purchase or need short-term funding, bridging loans provide fast, flexible finance. We help you access competitive bridging rates for auction purchases, chain breaks, refurbishments, and other time-sensitive property transactions.
What Is a Bridging Loan?
A bridging loan is short-term secured finance designed to "bridge" a gap, typically lasting from a few weeks to 12-18 months. These loans are used when you need to move quickly or when standard mortgage finance is not available or appropriate for your situation.
Common uses include auction purchases (where you must complete within 28 days), breaking a property chain (when your sale is delayed but you need to buy), refurbishment projects (where the property is unmortgageable in its current state), and other time-sensitive property transactions.
Is Bridging Finance Right For You?
- Auction buyers needing fast completion
- Home movers with delayed property sales
- Property investors acquiring and refurbishing
- Developers with short-term funding needs
- Landlords purchasing below-market properties
- Anyone needing quick, flexible property finance
How We Help You
Our expert advisers bring specialist knowledge and whole-of-market access to find the best solution for your needs.
Fast Completion
Bridging loans can complete in days rather than weeks, allowing you to move quickly on time-sensitive opportunities like auction purchases.
Flexible Criteria
Bridging lenders focus on the exit strategy and property value rather than strict income requirements, making them suitable for complex situations.
Chain Break Solutions
If your property sale is delayed but you need to complete your purchase, a bridging loan provides the funds to prevent losing your new property.
Refurbishment Finance
Purchase properties that need work, complete renovations, then refinance onto a standard mortgage at the improved value.
Auction Finance Specialists
Auction purchases require completion within 28 days. We arrange bridging finance that meets these tight deadlines.
Experienced Guidance
We help you understand the costs, plan your exit strategy, and ensure bridging finance is the right solution for your situation.
How It Works
We make the process simple and straightforward, guiding you every step of the way.
Assess Your Needs
We discuss your situation, timeline, and exit strategy to determine if bridging is the right solution.
Find the Right Lender
We search our panel of bridging lenders to find competitive rates and terms for your specific scenario.
Fast Application
We prepare and submit your application, working with lenders to expedite the approval process.
Quick Completion
Once approved, funds can be released quickly, often within days, so you can complete your purchase.
Common Questions
How quickly can a bridging loan complete?
Bridging loans can complete in as little as 7-14 days, though 2-4 weeks is more typical. The speed depends on how quickly you can provide documentation and how complex the case is. For auction purchases with tight deadlines, we prioritise fast-moving lenders.
What is an exit strategy and why does it matter?
Your exit strategy is how you plan to repay the bridging loan. This could be selling a property, refinancing onto a standard mortgage, or receiving funds from another source. Lenders need a clear, credible exit strategy before they will approve your loan.
How much does bridging finance cost?
Bridging loans typically charge monthly interest rates of 0.5-1.5%, plus arrangement fees of 1-2% of the loan amount. While more expensive than standard mortgages, the cost is justified when you need fast, flexible finance for short-term needs.
What deposit do I need for a bridging loan?
Most bridging lenders require a minimum of 25-30% deposit (or equity if refinancing). Some lenders may go higher for certain property types or borrower circumstances. The more deposit you have, the better rates you can access.
Can I use bridging finance to buy at auction?
Yes, this is one of the most common uses for bridging loans. Auction purchases typically require completion within 28 days, which is too fast for standard mortgages. We have lenders who specialise in auction finance and can meet these tight deadlines.
Ready to Find Your Perfect Mortgage?
Whether you're a first-time buyer, looking to remortgage, or investing in property, our expert advisers are here to help. Get personalised advice tailored to your circumstances.