Bridging Finance

Smart Money in partnership with PMJ Capital provides introducers with access to our exclusive bridging finance product, which is available across all areas of England, Scotland & Wales.

PMJ Capital is a principal bridging lender specialising in providing bridging & development finance on a 1st charge basis and up to a max 70% LTV.

We are experts in the bridging loans market and we recognise that speed is often a priority with short-term funding requests. With funding that is from internal resources the key USP of our bridging arm is that decisions are made in-house and within an hour of receipt of an enquiry, so layers of credit committees providing obstacles to the decision-making process are removed.

What is a Bridging Loan?

A bridging loan is a short term lending solution often used by buy-to-let landlords, property developers and other property professionals to help them bridge the gap until longer term funding can be arranged or until a property is sold. Typically bridging finance can be taken from between 3-12 months and will be redeemed once the clients “exit route” arrives which will usually be replacement, longer term funding or the sale of a property.

What can a Bridging Loan be used for?

We are pragmatic in our approach and will consider most property backed lends across most areas of the UK, including:

  • Purchase or refinance of a residential buy-to-let property.
  • Properties requiring heavy or light refurbishment.
  • Buying property at auction.
  • Purchasing uninhabitable properties.
  • Completion of development projects.
  • Self-builds – staged payments.
  • Time-critical transactions – i.e. tax bills or business purposes.

Key features of our Bridging Loans:

  • Loans from £26,000 – £5m.
  • Loan terms 3-12 months.
  • Up to 70% LTV.
  • 1st charge bridging finance.
  • Residential & commercial properties considered.
  • Part-built residential schemes.
  • Refurbishments.
  • Auction purchase.
  • No upfront application fees.

If you’re a mortgage adviser or financial intermediary and have buy-to-let landlords looking to raise capital urgently, speak direct to a decision-maker today.