Fast Bridging Loans: Secure Your Urgent Bridging Finance Solution

  • Loans from £50,000 to £25m with rates from 0.43% pm.
  • Same-day terms, funds available in as little as 72 hours.
  • LTVs up to 80% with flexible terms from 3 months to 3 years.
  • Options for residential, commercial, and refurbishment projects.
  • Fast, professional service with competitive rates.

Get fast bridge loans in the UK in just 72 hours. Compare lenders for the fastest bridging loans arranged. Call now!

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Contact us today to unlock the potential of your property investments with the right bridging loan solution. Your successful property venture begins here.

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What are fast bridging loans?

Fast bridging loans are a short-term property finance solution that provides quick access to funds, often within days, to bridge a temporary financing gap. These loans are commonly used by property investors, developers, and homeowners who need to act fast on a purchase or renovation project.

Key features of fast bridging loans in the UK

Based on the search results, the key features of fast bridging loans in the UK include:

  • Speed of Funding: Fast Bridging loans can be arranged and funded within 3-14 days, much faster than traditional mortgages.
  • Flexible Terms: Bridging loan terms typically range from 1 to 24 months, providing flexibility to bridge a temporary financing gap.
  • Higher Loan-to-Value (LTV): Bridging lenders may offer up to 80% LTV, or even 100% with additional collateral, making them accessible to a wider range of borrowers.
  • No Monthly Payments: Many fast bridging loans allow the interest to be “rolled up” and paid at the end of the term, rather than requiring monthly instalments.
  • Suitability for Borrowers with Poor Credit: Bridging lenders may be more willing to consider borrowers with bad credit histories, as the loan is secured against property rather than relying solely on the applicant’s creditworthiness.
  • Unregulated by the Financial Conduct Authority (FCA): Unlike standard residential mortgages, fast bridging loans in the UK are typically unregulated, allowing for a more flexible application process and terms.

Apply for a quick bridging loan service

Ready to secure your quick bridging loans? Expert Mortgage Brokers is here to help. As the UK’s leading Fast Bridging Loan Brokers, we’re committed to finding you the best solution for your urgent financial needs.

We’re just a phone call or click away from turning your property aspirations into reality. Act now – time is money in the fast-paced world of property finance!

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What are the advantages of a fast bridge loan?

Fast bridge loans offer numerous advantages in the UK property market. Their rapid approval process means you can secure urgent bridging finance within days, perfect for seizing time-sensitive opportunities. These loans boast remarkable flexibility, catering to both residential and commercial bridging needs.

Bridging lenders focus more on your exit strategy than traditional credit checks, making them accessible to a wider range of borrowers. Whether you’re a property investor eyeing a quick bridging solution for an auction purchase, or a homeowner needing bridge finance to avoid a broken chain, these loans can be a lifesaver.

Fast bridging loans are ideal for short-term funding, typically spanning 3 to 24 months. Many bridging loan lenders are regulated by the Financial Conduct Authority, offering peace of mind to borrowers.

From funding property refurbishments to facilitating swift commercial property acquisitions, fast bridging loans provide a versatile financial tool. They’re adaptable to various scenarios in the dynamic world of UK property finance, making them an invaluable resource for those needing quick, flexible funding solutions.

How much can I borrow and in what timeframe?

Quick bridging loans typically range from £50,000 to £25 million. The amount you can borrow depends on the value of your property and the loan-to-value (LTV) ratio, which can go up to 80% for residential bridging and 70% for commercial bridging.

Timeframes for these short-term finance solutions are impressively fast. You can often secure a bridging loan within 3 to 14 days, with some lenders offering completion in as little as 72 hours. Most bridging loans last between 1 to 24 months, though both shorter and longer terms are available.

FURTHER READING:

Tips for speeding up your bridging loan application

Speeding up your bridging loan application can be crucial when time-sensitive opportunities arise. By being well-prepared and strategically selecting the right professionals and lenders, you can significantly reduce approval times. Here are some essential tips to ensure a swift and smooth bridging loan process.

  • Prepare a comprehensive property portfolio and detailed exit strategy upfront.
  • Have recent property valuations ready for all security assets.
  • Compile last 3 months’ bank statements and proof of income immediately.
  • Choose a specialist bridging loan broker with a track record of fast completions.
  • Opt for a lender offering fast bridging finance with streamlined processes.
  • Consider unregulated bridging loans for faster approval on commercial projects.
  • Use a bridging loan calculator to determine accurate borrowing capacity beforehand.
  • Select solicitors experienced in short-term finance for quicker legal work.
  • Provide a clear breakdown of how you’ll use the funds from your bridging loan.
  • Be ready to pay for a fast-track valuation service to expedite the process.
  • Consider open bridging options if your exit date isn’t fixed, for more flexibility.
  • Have a backup security property identified in case of valuation issues.
  • Prepare answers to common questions about your credit history and financial status.
  • Choose lenders offering desktop or drive-by valuations for faster turnaround.
  • Be prepared to accept higher rates for extremely urgent bridging finance needs.

Should I go to a lender directly?

While it’s possible to approach lenders directly for short term finance, using a bridging loan broker often proves more efficient and cost-effective. Here’s why:

  • Brokers have established relationships with multiple lenders, streamlining the process to get a bridging loan quickly.
  • They understand each lender’s criteria, increasing your chances of approval when you apply for an urgent bridging loan.
  • Brokers can negotiate better rates and terms on your behalf, potentially saving you money.
  • They handle paperwork and communication, freeing up your time and reducing stress.
  • Brokers can present your case in the best light, especially useful for complex or unconventional applications.
  • They have access to a wider range of products, including some not available directly to borrowers.
  • Brokers can quickly identify the most suitable lenders for your specific situation, avoiding time-wasting applications.
  • They offer impartial advice on the best bridging loan options for your needs.

So, going direct might seem simpler, a broker’s expertise can often lead to a faster, smoother, and more favourable bridging loan experience.

FURTHER READING:

How can a bridging loan broker speed up my application?

At Expert Mortgage Brokers, we’re committed to getting your bridging loan approved quickly and smoothly. Here’s how we make it happen:

  • EXPERT MARKET KNOWLEDGE: We know the market inside out, so we’ll match you with the right lenders immediately. This means no time wasted on dead ends, ensuring your application is on the fast track from the start.
  • STRONG INDUSTRY RELATIONSHIPS: Our strong relationships with lenders allow us to often fast-track your application. We speak the lenders’ language, so your case gets the green light faster than it would through other channels.
  • STREAMLINED PAPERWORK: We assist you in getting all your paperwork sorted upfront, which means fewer hold-ups down the line. Being prepared helps keep the process smooth and efficient.
  • QUICK ISSUE RESOLUTION: If any hiccups arise, we’re on it. Our team swiftly addresses any issues, ensuring your application keeps moving forward without unnecessary delays.
  • HANDLING THE DETAILS: We take care of all the back-and-forth with lenders, so you can focus on your property plans. With us managing the details, you can be confident that your application is in good hands.

In the world of bridging finance, speed is critical. That’s where we come in. Ready to get started? Let’s chat about your bridging loan needs today.

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Are commercial bridging loans fast?

Yes, commercial bridging loans are known for their speed. These loans, which aren’t regulated by the Financial Conduct Authority, can be arranged much quicker than traditional financing options.

The process is swift because lenders can tailor the loan to fit your specific business needs. They’re not bound by the same strict rules that slow down regulated loans.

Typically, you could have the money in your account within 3 to 14 days. Some lenders even boast completion times as short as 72 hours! Of course, this depends on having all your ducks in a row.

To ensure the fastest possible turnaround, it’s crucial to have your paperwork ready. This includes property valuations, proof of exit strategy, and a solid business plan.

How do I apply for a quick bridging loan?

At Expert Mortgage Brokers, we’ve streamlined the process to help you secure an urgent bridging loan quickly and efficiently. Here’s how to apply:

  • INITIAL CONTACT: Give us a call or fill out our online form. We’ll respond promptly to discuss your needs.
  • BRIEF ASSESSMENT: We’ll ask some quick questions about your situation, loan amount, and timeline.
  • DOCUMENTATION: We’ll provide a checklist of required documents. Gather these as quickly as possible.
  • LOAN MATCHING: Our experts will immediately start matching you with suitable lenders.
  • APPLICATION SUBMISSION: We’ll prepare and submit your application to the most appropriate lenders.
  • VALUATION: We’ll arrange a fast-track property valuation if required.
    Offer: Once we receive loan offers, we’ll review them with you to choose the best option.
  • LEGAL PROCESS: Our network of specialist solicitors will handle the legal work swiftly.
  • COMPLETION: We’ll coordinate with all parties to ensure a quick completion.
  • FUNDS RELEASE: The funds will be released to you, often within days of starting the process.

Apply for a bridging loan today

At Expert Mortgage Brokers, we specialise in speedy bridging loans. Whether it’s for an auction properties, renovation, or a hot property you can’t miss, we’ll find the right loan for you.

Don’t miss out on your dream property. Give us a ring today and let’s get you moving.

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