Bridging Loans in Hampshire
- Loans up to £50 million
- Receive an Offer in Principle (OIP) the same day you apply
- Easy lending
- No hidden costs
- Fast account transfers
- 24-month loans suited to your needs
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Capital To Take Key Opportunities
If you see a once-in-a-lifetime opportunity, you need liquid funds to take it. Traditional loans have complex application processes with various lengthy checks; that opportunity can quickly pass you by. Thankfully, our bridging loans in Hampshire are available, offering you a capital transfer of up to £50 million to pounce on those chances.
We believe your credit history should not determine your credit future, and we will never perform automated credit checks to determine your eligibility. Instead, if you have a form of security, our experts work with you to find the most suitable terms. You can secure essential funding despite poor credit, CCJs or previous late payments.
Our established relationships with the UK’s leading lenders and expertise allows us to offer financing options that meet your needs. Contact our brokers to arrange a no-obligation chat and discover how much you can borrow.
What is a Bridging Loan?
A bridging loan, or bridging finance, allows you to borrow funds for a short period to jump on urgent investment opportunities. They ‘bridge the gap’ and give you time to arrange traditional long-term financing repayment options whilst also supplying a cash injection in a matter of days to take time-sensitive opportunities.
Open Loans Vs Closed Loans
There are two distinct types of bridging loans you can apply for: closed or open loans. A closed loan has one set repayment date, settled upon when the loan agreement is first signed. You can only repay the loaned amount and the interest on that date.
Alternatively, you can choose an open bridging loan, which offers flexible repayments. You could pay off early or choose to pay in instalments.
How Can You Apply For A Bridging Loan?
Bridging loans offer a simpler application process compared to traditional loan alternatives, providing funding quickly and easily:
Book An Appointment With Our Specialist Brokers
In our consultation, we will learn everything about your situation and then explain your options and the best terms.
We Complete The Application
Once you have settled on the terms, we remove all the pressure and handle the necessary application documents.
Your Chosen Lender Makes An Offer
After processing your application, the lender will make you a formal loan offer. You can then choose to accept, and we will initiate the legal processes to secure the loan.
The Money Is Transferred To Your Account
In just a few days, the fund will be transferred to your bank account so that you can make your investment.
Who Is Eligible For A Bridging Loan?
We help anyone over the age of 18 with a UK address secure bridging finance. All you will need is property to secure the loan against and a clear plan to exit the loan.
Our lender connections mean that we have dozens of options and can find the ideal terms for you, no matter your financial situation or history. Speak to our team today to determine how much you can borrow.
Our Bridging Loan Solutions
We give you various loan options to suit different types of investments. Here is our excellent selection of bridging finance arrangements:
Property
Whether you are remortgaging or purchasing a new property, our bridging loans buy you time to organise long-term repayment solutions. You will not have to wait to move in.
Rates: Variable
Value: Borrow up to £50 million
Terms: From 1 – 24 months
LTV: Up to 70% LTV
Security: Commercial and Residential Property
Fees: No hidden fees
Heavy Refurbishments
If you want to transform your property with massive renovations, choose our flexible funding to secure the necessary capital.
Rates start from: 0.65%
Value: Up to £50 million
Terms: From 1 – 24 months
LTV: Up to 65%
Security: Commercial and Residential Property
Fees: No hidden costs
Light Refurbishments
With our light refurbishment finance, you can make renovations to give your property a new, refreshing look and personality.
Rates start from: 0.65%
Value: Up to £50 million
Terms: From 1 – 24 months
LTV: Up to 70%
Security: Commercial and Residential Property
Fees: No hidden costs
Business
Sometimes, business opportunities come around quickly. Our commercial bridging finance allows you to enhance your operations and grow your company.
Rates start from: 0.65%
Value: Up to £50 million
Terms: 1 – 24 months
LTV: Up to 70%
Security: Commercial Property
Fees: No hidden fees
Impressive APR
Your loan’s annual percentage rate (APR) varies depending on the lender. They may offer a fixed rate or a variable rate, meaning your repayments may increase throughout your loan agreement. We can explain your rate in simple, jargon-free terms and highlight the advantages of both options so that you understand the ins and outs of your deal.
Why Choose Us?
When urgent investments present themselves, lengthy traditional finance applications can prevent you from being able to take them. In our comprehensive experience, we have helped various people, from landlords to business owners, secure the necessary funds to take these chances. With our bridging loans in Hampshire, you benefit from the following:
Combined Market Experience
Our experts are the backbone of our services. We have seen almost every situation and have a broad selection of lenders to find you the best terms.
Loans Up To £50 Million
We know that some investments require large amounts of capital. That’s why we allow you to borrow up to £50 million for 24 months.
Rapid Fund Transfers
Time is critical; the lender can transfer your loan to your bank account within days.
Impressively Low-Interest Rates
Our rates start from just 0.65%, depending on your chosen loan. You don’t have to worry about your repayment sum spiralling out of proportion.
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Ample Support
Through the entire loan process, we are in control. Our team leads the way, explaining your options and completing the complex paperwork.
FAQ
What is the eligibility criterion for your bridging loans?
Anyone over the age of 18 can apply for a bridging loan. You will also need a form of security for the loan and a clear exit plan so that our team can see how you will repay the sum.
Do I need to supply proof of income when I apply for a bridging loan?
As bridging loans do not have monthly repayments, we do not ask for proof of income. However, you will need security for the loan.
How long will it take for my application to be approved?
Bridging loan applications are approved far sooner than traditional financing options. Usually, it takes between 1 and 3 weeks for approval, though we can connect you with a lender within 48hrs.
How long can my loan term last?
Our loan terms run from 1 to 24 months, giving you plenty of time to arrange repayment options.
Will you secure my bridging loan against collateral?
Yes. We always ask for collateral, just in case something goes wrong. Typically, our clients secure their loans against a house they are selling, but you could use any valuable item, like a car.