Bridging Finance can be used by businesses for a short-term cash injection or to pay a tax bill.

Development build and splitting titles

Our client wanted to purchase a house and the land it was built on. His aim was to build an additional property on the acquired land then split the title. The sale of this second property would be their exit. Many traditional lenders see this scenario – splitting titles – as problematic as it ultimately decreases the value of the first property.

Our solution

  • We brokered a bridging loan as a first charge
  • The client was able to use bridging finance to purchase the property and the land
  • He was also able to fund the building work on the additional property
  • The bridging loan was repaid after the sale of the second property

Here are a few key features of the bridging loans we can source for you:

  • Loan sizes from £50k to £30m;
  • Loan terms from 1 month up to 36months
  • Up to 80% LTV (100% LTV available with additional security)
  • 2 weeks typical turnaround from enquiry to completion.

Not forgetting unrestricted upper age limits and all credit profiles considered.

With over 16 years’ experience and access to a range of lenders, why not contact us now?

Get a quote

For more information, drop us a line to discuss your clients’ needs or give us a call on 020 8731 5333.

*Regulated bridging loans are for a maximum of 12 months