bridging funding

Bridging funding is a form of short-term loan, where the repayment term can be as short as a few weeks. Unlike conventional mortgages, a bridging loan can be arranged quickly, with funds released in as little as 3-7 days. These loans are designed to ‘bridge the gap’ and typically used when purchasing a property at auction, renovating a property or when you need to buy a property before selling another. 

Bridging finance is a secured loan, meaning a secure asset i.e. your property (or properties), are required as collateral. At Park Property Finance, we have access to all UK lenders, giving us the ability to source the right bridging finance for you and your situation. 

We provide a friendly, professional service to help you obtain the finance you need at the best available rates. We can also source bridging finance abroad. If you need to borrow with a bridging loan, contact us today!

Our bridging loans service provides:

·  Same day decision in principle possible 

·  Average of 3 weeks to receive funding

·  Rates from 0.79% per month

·  Interest roll up options

·  Loans from £50k to £100+ million

·  Up to 100% LTV (Loan to Value) available

·  Terms up to 24 months

·  No minimum term or interest period

·  Fixed rates and fees

·  No minimum income requirement

·  Re-bridge loan options

·  Light and heavy refurbishments loans

Your property may be repossessed if you do not keep up repayments in line with the lenders schedule. Think carefully before securing debt against any property.