Tell us about your bridging finance plans
Answer a few quick questions and we’ll review the deal, including the property, loan amount, timescale and exit strategy.
Common questions before you enquire
A few quick answers about bridging finance, timescales, exit strategies and what happens when you start an enquiry.
What is a bridging loan?
A bridging loan is a short-term secured loan often used to bridge a gap between buying, selling, refinancing or completing property works. It is usually secured against property or land.
How quickly can bridging finance complete?
Timescales vary depending on the lender, valuation, legal work and complexity of the case. Some bridging loans can complete quickly where the information, valuation and exit strategy are clear.
Do I need an exit strategy for a bridging loan?
Yes. Lenders usually need to understand how the bridging loan will be repaid. Common exit strategies include sale of the property, remortgage, buy-to-let refinance or sale of another asset.
Can I get a bridging loan for an unmortgageable property?
Bridging finance may be considered for some properties that are not currently suitable for a standard mortgage, depending on the property, planned works, loan-to-value and exit strategy.
Can bridging loans be used for auction purchases?
Yes, bridging loans are commonly used for auction purchases where completion is required quickly. The property details, timescale, deposit and repayment plan will all need to be assessed.
Will submitting a bridging loan enquiry affect my credit score?
Submitting an initial enquiry through Mortgage Bridge will not affect your credit score. If you proceed with a lender or adviser, they should explain any credit checks before they are carried out.
Important information: Mortgage Bridge provides information only and acts as a mortgage introducer. We do not provide mortgage advice or make lender recommendations. We can introduce you to an FCA-regulated mortgage adviser who can provide personalised mortgage advice.