Specialist

Large Bridging Loan

Service for UK & International Property

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Large Bridging Loan

Specialist bridging finance service

We can offer:
  • Bridging finance from £500,000 up to £50 million
  • Exclusive rates from 0.50% pm
  • Terms from 12 months to 24 months
  • LTVs up to 80% (can be more if other assets in the background)
  • Interest roll-up options
  • Residential finance (On a regulated basis), for residential property purchase e.g. downsizing, second residential property (UK & abroad)
  • Buy to let, HMO, investment and commercial properties considered
  • Light refurbishment finance (currently uninhabitable, under permitted development rules, requires internal refurbishment)
  • Heavy refurbishment finance (extensions, basement digs, loft conversions, commercial to residential, barn conversions)
  • Development bridging finance for new build residential and commercial properties and property conversion, e.g. under permitted development rights
  • Business finance (Paying an HMRC tax bill, purchasing land or new premises, deposit for a new purchase, business growth)
  • Alternative assets considered e.g. pension, investment portfolios, fine art, classic cars
  • We provide professional service to help you get the money you need at the best available rates in line with your timescales

Residential

Buying Before Selling?

Rates from:

0.50% pm

Downsizing/Upsizing

Releasing Funds From Your Home

Short-Term Lease Finance

Auction Purchase

As at 3rd January 2024

Development & Refurb

Fast Finance

Rates from:

0.50% pm

Light & Heavy Refurb

Finance For Unmortgageable Properties

Land Purchase with planning

As at 3rd January 2024

Residential

Large Bridging Loans

Rates from:

0.50% pm

Up to 80% LTV

Minimum Loan £500k

Minimum net income £100k

As at 3rd January 2024

Contact Us

Thank You for your interest - please complete the form below and a member of our team will be in contact.


Call us on 0117 959 5094 to discuss your requirements.

Book Consultation »

Understanding Large Bridging Loans: A Comprehensive Guide 

In the video below, our Head of Bridging, Sam O'Neill, explains what large bridging loans are, their costs, timescales, example uses, and how you can get one. 

A bridging loan, also known as a bridge loan, is a type of short-term financing used to bridge the gap between purchasing a new property and selling an existing one.

It's common for them to be used by people or companies who need to secure financing for a property purchase quickly but may not have all the necessary funds to hand.

There are many situations in which bridge loans can be helpful, but this article focuses specifically on large bridge loans, which are over £500,000.

These loans are typically used for commercial property purchases or expensive residential homes and are attractive for those needing significant financing for a property transaction.

Bridging Loan Case Studies

While you're here, read some of our bridging loan case studies or see below

Case Study: Fast Bridging Loan with Low Credit Score to Buy Before Sale
Fast Bridging Loan with Low Credit Score to Buy Before Sale
Area
North Wales
Capital Raised
£140k
Private Bank Bridging Loan for Renovation of Type B Listed Property
Private Bank Bridging Loan for Renovation of Type B Listed Property
Area
Fife
Capital Raised
£1.4m
Case Study: High Value Bridging Loan for Semi-Commercial Property
Bridging Loan for Semi-Commercial Property with Complex Exit Strategy
Area
Bath
Capital Raised
£2.55m
Bridging Loan Secured Against Unique New Build In Chichester
Bridging Loan Secured Against Unique New Build In Chichester
Area
Chichester
Capital Raised
£160k
Development Loan to Refinance New Build House
Development Loan to Refinance New Build House
Area
Daventry
Capital Raised
£1.6m
Case study: £1.2M Bridging Loan for Property in South Africa
Bridging loan on UK property to Purchase Home in South Africa
Area
Cape Town
Capital Raised
£1.2M

There are many different types of lending options when you're buying a buying property:

Mortgages, for example, are a common way for people to finance the purchase of a home, while commercial loans are often used to fund the expansion of a business.

On the other hand, Bridging loans are a unique type of short-term financing that can be used in various situations and are often regarded as the ultimate form of flexible finance.

Understanding the ins and outs of bridging loans is essential if you're considering one for a commercial or residential property purchase.

This article explores the basics of large bridging loans, including how they work, the pros and cons of using one, and how to secure a loan of this size.

Book Consultation » 

How Large Bridging Loans Work

To understand how large bridging loans work, it's important to understand the basics of property financing. When an individual or business wants to purchase a property, they may not have the entire purchase price available upfront. They may turn to a lender, such as a bank, to secure finance in these cases.

A mortgage is a loan used to finance your property purchase and is typically secured by the property itself. This means if you can't afford to repay your mortgage, your bank can sell your home to recover the money they've lent you.

You pay your lender a monthly payment that includes both the capital you've borrowed and the interest.

Unlike a mortgage or a commercial loan, a bridging loan is a short-term financing solution. They are typically only designed to be used for a few months or until you can secure more permanent financing (such as selling another property or asset or getting a standard mortgage for the long term).

Because of their short-term nature, bridging loans typically come with higher interest rates than other types of financing. Bridging loan interest rates are also displayed as a monthly rate, not an annual rate like a standard mortgage.

Related: Check out our bridging loan calculator. 

Finding a Specialist in Large Bridging Loans

When it comes to financing the purchase of a valuable residential or commercial property, it can be beneficial to work with a specialist in the field. An expert in large bridging loans can guide you through obtaining this type of financing.

A few different types of lenders may offer large bridging loans for commercial property, including banks, credit unions, and online lenders.

Finding a reputable lender with a track record of success is essential. It would help if you also looked for a lender with competitive interest rates and fees and a reputation for excellent customer service.

In addition to traditional lenders, consider working with a mortgage broker.

A mortgage broker is a professional who works with various lenders to help you find the right financing for your needs.

Mortgage brokers can be a useful resource when finding a specialist in large bridging loans, as they may have relationships with lenders that are not available to the general public. 

Types of Large Bridging Loans

There are two types of bridging loans: "open" and "closed" bridging loans.
A closed bridging loan has a fixed end date, meaning the borrower must repay the loan by a specific date.

Borrowers often use these loans when they expect to sell an existing property or receive a large sum of money within the timeframe.

An open bridging loan does not have a fixed end date. While you must have an "exit strategy", I.e., a plan to raise funds to repay your loan, you might not have a fixed date for this event yet. These loans are often used when you're still determining when you can secure permanent financing. Most bridging loans have a maximum term of 18 months.

Finding a regulated bridging lender

In the UK, all lenders, including those that offer large bridging loans, must be authorized by the FCA and follow strict guidelines regarding lending.

These guidelines ensure that lenders are fair and transparent in their lending practices, that borrowers are treated fairly, and given all the necessary information to make informed decisions about their loans.

If you're considering a large bridging loan in the UK, it's important to work with a lender that the FCA regulates.

How quickly can you get a large bridging loan?

Bridging loans are designed to be a quick and flexible financing solution. As a result, it is possible to get a bridging loan in a relatively short period, often within a few days or weeks.

The exact time it takes to get a bridging loan will depend on various factors, including your lender, the amount of your loan and your exit strategy.

In general, however, bridging loans can be processed more quickly than traditional mortgages. They don't require the same types of affordability calculations that standard mortgages do, which are based on your income, debts and credit score, among other factors.

Book Consultation »

Recent

Property Finance Deals

Private Bank Bridging Loan for Renovation of Type B Listed Property
Private Bank Bridging Loan for Renovation of Type B Listed Property
Area
Fife
Capital Raised
£1.4m
Case Study: High Value Bridging Loan for Semi-Commercial Property
Bridging Loan for Semi-Commercial Property with Complex Exit Strategy
Area
Bath
Capital Raised
£2.55m
Development Loan to Refinance New Build House
Development Loan to Refinance New Build House
Area
Daventry
Capital Raised
£1.6m
Case study: £1.2M Bridging Loan for Property in South Africa
Bridging loan on UK property to Purchase Home in South Africa
Area
Cape Town
Capital Raised
£1.2M
Case study: £900K Bridging Loan for Upsizing to Worcestershire
£900K Bridging Loan for Upsizing to Worcestershire
Area
Worcestershire
Capital Raised
£900K
£1.35m Bridging Loan For Downsizing To Grade 2 Listed Property
£1.35m Bridging Loan For Downsizing To Grade 2 Listed Property
Area
Lymm
Capital Raised
£1.5m

More Opportunities »

Contact Us

Large Bridging Loans

Our highly experienced team can help with:

Why use Clifton Private Finance?

Based in Bristol and Cardiff, Clifton Private Finance has expertise in sourcing large bridging loans; we have contacts with all of the leading banks and private lenders across the market. For examples of bridging loan cases we have completed for a range of funding scenarios, please see our bridging loan case studies
If speed is a priority, bridging finance can be arranged quickly, depending on your situation. 
Call us on 0117 959 5094 to discuss your requirements.
 
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