Development & Bridging

We will navigate the market to obtain the best product and maximum leverage for your projects.

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Property development is an exciting but challenging undertaking. It involves the acquisition, renovation, or construction of a property to add value to it. However, property development requires significant financial investment, and many developers may find themselves short on funds during various stages of the project. This is where bridging loans come in. A bridging loan is a short-term loan used to bridge the gap between the purchase of a property and the sale of an existing property or the release of long-term financing. It is a popular financing option for property developers as it provides quick access to funds when needed. Bridging loans are typically used to finance property development projects, especially those that require a quick turnaround. Bridging loans for property development can be used to finance various stages of the development process, including land acquisition, planning permission, construction, and marketing. The loan amount is usually based on the value of the property being developed, and the loan term is typically between six months to two years.

Bridging loans are also commonly used to purchase properties at auction, as they provide quick access to funds. Bridging loans for property development are different from traditional mortgages as they are secured against the property being developed rather than the developer's creditworthiness. This means that the loan approval process is faster, and developers can access funds in a shorter time frame. However, bridging loans usually have higher interest rates and fees than traditional mortgages. Bridging loans play an essential role in property development by providing quick access to funds when needed. They are a useful financing option for property developers who need to bridge the gap between the purchase of a property and the release of long-term financing. However, developers should carefully consider the costs associated with bridging loans before taking them out to ensure that they are an appropriate financing option for their specific project.

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100% LTV Available With Additional Security

How Does It Work?

1. Initial Enquiry

Let’s talk through your finance requirements and specific needs. You can schedule a consultation with one of our advisors or call us. Alternatively, you can submit your enquiry online and a member of our team will respond to you within 24 hours.
2. Documents

One of our qualified advisers will discuss your situation with you in more detail and advise of any additional information or documentation that is required to carry out a thorough search of the market. Our advisors will research the market for potential rates.
3. Decision In Principle

Following their research, your adviser will present their recommendations tailored to your specific needs. This will include details of rates and any associated fees that may apply. Once ready to proceed, your adviser can request an agreement in principle.
4. Application

When ready to proceed your adviser will submit the full application. At this stage, the lender will assess any supporting documentation requested and make any necessary arrangements for the property valuation and underwriting.
5. Offer

Once the lender is satisfied with the documentation that has been provided, the formal offer will be issued. Once formally approved, your adviser will discuss your possible insurance needs and make any recommendations and arrangements for you.
6. Completion

When your solicitor has finalised the necessary legal matters and all parties are ready, they will then make the necessary arrangements to request the funds. We will ensure your deal is always set up on the most appropriate product for your needs.