Bridging Finance

Smart Money provides introducers access to competitive bridging finance products, which are available across all areas of England, Scotland & Wales.

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.
  • Time-critical transactions – i.e. tax bills or business purposes.

Key features of our Bridging Loans:

  • Loans from £26,000 – £5m.
  • Rates from 0.48% per month.
  • Loan terms 1-18 months.
  • Up to 75% LTV.
  • 1st & 2nd Charge available.
  • Residential & commercial properties considered.
  • Regulated and Unregulated applications.
  • Refurbishments.
  • Auction purchase.
  • No upfront application fees.
  • No exit fees.
  • No minimum property value.

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.