bridging finance

Bridging Finance

You’ve found the right property, now you need to find the right mortgage

What is Bridging Finance?

A bridging loan is short term finance, secured against a residential or commercial property. Typically this is used when a house selling chain becomes stuck or broken, but bridging or short term loans are now used for a wide variety of purposes.

bridging finance

Bridging loans can support:

  • chain breaks
  • auction purchases
  • properties not currently mortgageable
  • property needing repair or refurbishment
  • purchases below market value
  • development properties

Key features:

  • available for residential and commercial properties
  • can aid fast completion of purchase
  • borrow against open market value
  • regulated and unregulated options
  • flexible approach to income
  • ideal for buyers at auction
  • terms from one month to one year
  • 100% advances possible, with additional security

How can GPS Financial help?

Bridging loans are often required quickly, and the team at GPS Financial understands how to best achieve the desired outcome. Funding can be arranged at keen rates, on bespoke terms not widely available. We can also assist with the exit option of a longer term mortgage or loan at lower, fixed rates.

By handling your application directly, it is possible to approach the right funder first time, agree mutually acceptable terms and ensure that bridging finance is in place quickly, enabling a deal to be done.

  • Up to 85% loan to value (LTV)
  • Rates from 3.81% above the base interest rate


How to apply?

Once you have identified the project and roughly worked out viability, costs, end value and profit margin, get in touch on 02922 677 725, or fill out the form in the contact page. It doesn't matter if you don't already own the land/property.

We will then ask you lots of questions, (known as a fact find), to get as much information about the development as possible. This will allow us to appraise your project and give you an honest opinion as to whether we can help, i.e. we'll let you know if there are any lenders who might be willing to provide the necessary finance.

Our Lending Partners