A bridging loan is finance that is secured upon an asset such as bricks and mortar or land with or without planning permission.
Normally a loan is structured over one to 12 months, but we are now able to offer facilities for up to 36 months.
Our specialist bridging finance company, Complete Mortgages Property Limited, is a full member of the NACFB (National Association of Commercial Finance Brokers), which means that we have access to exclusive rates and can use lenders that other brokers cannot.
Bridging finance is the fastest way of arranging finance for virtually any legal purpose.
The loan is based upon the property offered as security and not the individual’s credit profile.
We are able to offer bridging finance on: –
- Buy to Let houses
- Semi-commercial properties (such as shops with flats above)
- Bed & Breakfasts
- Factory units
- Petrol stations and land
- With or without planning permission
- Plus many more property types
Because everybody’s needs are different, it is very important that we spend some initial time with you on the telephone to understand precisely what you are trying to achieve.
For loans of £30,000 or £25,000,000 you should call Complete Mortgages Property Limited in the first instance.
Whether you are buying at auction, renovating a property which is “unmortgageable” via traditional means, paying urgent bills such as tax, or even building a property or many properties we can help.
Not all commercial mortgages are not regulated by the Financial Conduct Authority.
Not all forms of bridging finance are regulated by the Financial Conduct Authority.
There will be a fee for arranging a bridging loan and the precise amount will depend upon your circumstances. This fee would typically be between 0.50% and 1.00% of the loan amount and it is payable upon completion. We will let you know exactly what our fee will be once we understand the nature and complexity of your enquiry.
Complete Mortgages Property Limited is authorised and regulated by the Financial Conduct Authority under number 690735 in respect of consumer credit activities only.