Bridging finance is short term funding secured against property, either commercial or residential. It can be for any purpose as long as it is legal!

Lenders use the open market value of properties and lend up to 70% for residential and 65% for commercial depending on the location.

Bridging Finance Case Study

An elderly lady owned her own property but wanted to purchase an apartment in a warden patrolled, sheltered housing complex.

She was struggling to sell her property by the date given to her to complete the purchase of the apartment, so a bridging loan was taken over her property enabling her to move into the apartment.