Get A Regulated Bridging Loans: Funding From £25k to £5m
Up to 70% LTV
Loans from £25,000
Terms from 1-12 months
1st & 2nd charge loans available
Looking for regulated bridging loans? Get funding ranging from £25k to £5m with a property-backed second charge loan. Find out more!
Apply for a bridging loan today
Fast access to funds for property purchases, auctions, or renovations
Expert guidance through the complexities of bridging loans
Tailored solutions that align with your property investment goals
Personalised advice and support from experienced brokers
Contact us today to unlock the potential of your property investments with the right bridging loan solution. Your successful property venture begins here.
A regulated bridging loan is a type of short-term loan that uses your property as security to help you cover a temporary funding gap. Think of it as a financial bridge, perhaps when you need to buy a new home before selling your current one. Because it’s regulated by the Financial Conduct Authority (FCA), you have extra protection as a borrower.
Regulated bridging finance is typically secured against your main residence – the place you live – and usually has a term of between 12 and 24 months. Interest rates can vary depending on factors like the loan amount and your individual circumstances.
Criteria for regulated bridging loan
PROPERTY: Lenders we work with accept residential, commercial, and land properties.
Borrowers: Individuals, partnerships, limited companies, offshore companies, foreign nationals, and pension funds can all apply.
AGE: You need to be at least 18 years old. There’s no upper age limit.
LOCATION: Regulated loans are available across the UK: England, Scotland, Wales, and Northern Ireland.
CREDIT HISTORY: Lenders we work with look at each application individually, so even if you have some credit issues, you might still qualify.
LOAN SIZE: Loans start from £25,000, with no maximum amount.
FCA REGULATED: All the lenders we work with are fully regulated by the Financial Conduct Authority (FCA), which means you have extra protection.
Why choose expert mortgage brokers?
When you’re looking to get a regulated bridging loan, we’re here to be super helpful. We use our knowledge and connections to get you a great deal. Here’s how we do it:
BRIDGING FINANCE EXPERTS: We specialise in bridging finance, so we really know our stuff when it comes to these loans.
FCA REGULATED LENDERS ONLY: We only work with bridging lenders who are regulated by the Financial Conduct Authority (FCA), giving you peace of mind.
FINDING YOUR PERFECT LOAN: We’ll scour the market to find the best regulated bridging loan to suit your individual needs.
EXPERT GUIDANCE: Our team will guide you through every step of the process, explaining everything clearly and simply.
GETTING YOU THE BEST DEAL: We’ll use our expertise to negotiate the most competitive interest rates and repayment terms with lenders.
TAKING THE HASSLE AWAY: We’ll handle all the paperwork and communication with lenders, saving you time and stress.
UNBIASED ADVICE: As brokers, we work for you, not the lenders. This means we’ll always recommend the best loan for your situation, even if it’s not from one of our preferred lenders.
Used by homeowners who need funds quickly, often due to delays in property transactions.
The borrower lives in the property the loan is for, or it will be their main residence.
Provide a higher level of consumer protection as they are regulated by the Financial Conduct Authority (FCA).
Lenders must be transparent with information and follow FCA rules.
Usually offered for a maximum term of 12 months.
Can be either a first or second charge loan.
Borrowers must provide an exit strategy, such as refinancing with a mortgage or selling the property.
Interest can be rolled up and repaid at the end of the term.
Unregulated bridging loans
Favoured by property investors, developers, and landlords to bridge a payment gap.
The borrower does not live in the property – it’s solely for investment purposes.
Not regulated by the FCA, so there is less consumer protection.
Provide more flexibility than regulated loans.
Possibility of obtaining a higher loan amount.
Faster application process.
Secured against commercial or investment properties rather than a residential home.
Used for purposes such as:
Purchasing land for development.
Funding property renovations.
Buying properties at auction.
Refurbishing a property before getting a buy-to-let mortgage.
How much can I borrow?
When thinking about how much you can borrow with a bridging loan, several important factors come into play. This type of loan is designed for short-term finance, helping you cover gaps in funding quickly. Here’s a breakdown of what you need to know:
STARTING POINT: Most lenders will consider a minimum loan amount of around £25,000. Some may only offer larger sums, so it’s good to check with different lenders.
NO STRICT UPPER LIMIT: There isn’t usually a strict maximum on how much you can borrow. Some experienced developers might even secure loans that cover 100% of their refurbishment costs. However, lenders often set limits based on your specific situation.
SECURITY MATTERS: The amount you can borrow often depends on the value of the property or assets you are using as security. If you have multiple properties or high-value assets, this can increase your borrowing potential.
EXIT STRATEGY: Lenders want to know how you plan to repay the loan. A solid exit strategy is crucial. This could involve selling the property, refinancing with a traditional mortgage, or using funds from another source.
If you’re curious about how much you could borrow, it’s best to get in touch with our experts who can help you assess your situation and provide tailored advice.
Calculate how much you can borrow with our bridging loan calculator
When considering a bridging loan, it is essential to understand the costs involved. Bridging finance can be a valuable tool for securing funds quickly, but it is crucial to factor in the fees and interest rates associated with the loan.
Here are some key points to consider:
Interest rates
Regulated bridging loans have interest rates that are higher than standard mortgages but lower than unregulated bridging loans. Rates usually start around 0.5% per month for low loan-to-value (LTV) ratios and can go up to 1.5% per month for higher LTVs.
Fees and other costs
In addition to interest rates, bridging loans often come with various fees. These can include:
ARRANGEMENT FEES: Lenders usually charge an arrangement fee, which is a percentage of the loan amount. This fee is typically between 1-2% and can be added to the loan or paid upfront.
VALUATION AND SURVEY FEES: The lender will require a valuation of the property to determine its market value. The cost of this varies depending on the property size and complexity. In some cases, a cheaper desktop valuation may be possible.
LEGAL FEES: If you use a broker, they may charge a fee, often around £995 or a percentage of the loan amount. This covers their services in finding and arranging the bridging loan.
BROKER FEES: You’ll need to pay legal fees for the lender’s solicitor to review the loan agreement and complete the legal work. Costs can range from £850 + VAT upwards, depending on the property value.
OTHER FEES: There may be additional fees such as drawdown fees (payable when accessing the loan), redemption fees (to remove the legal charge), and exit fees (payable when repaying the loan).
Total cost
The total cost of a bridging loan includes both the interest rate and the fees. To get a comprehensive understanding of the costs involved, it is recommended to use a bridging loan calculator or consult with a financial advisor.
This will help you determine the total cost of the loan and ensure you are prepared for the financial commitment.
Bridge the gap to your property goals
Need to move quickly on a property purchase? Or perhaps you’re planning a renovation project and need a short-term financial boost? A regulated bridging loan could be the perfect solution.
Our expert team can help you navigate the options and find the best bridging loan for your needs.
