Understanding bridging finance, costs and repayment risks

Important information about these guides

Mortgage Bridge acts as a mortgage introducer and provides general information and administrative support. These guides are for educational purposes only and should not be relied upon as mortgage advice, a finance recommendation or an assessment of your eligibility or suitability.

Mortgage Bridge does not assess mortgage suitability, determine eligibility, recommend products or make lending decisions. Any review of enquiry information by Mortgage Bridge is administrative only. Any regulated mortgage advice is provided separately by an adviser acting through a network authorised and regulated by the Financial Conduct Authority, following an assessment of your individual circumstances.

References to bridging finance for a particular property or transaction do not establish that a lender will accept it or that bridging is appropriate for you. Availability, security requirements, borrowing limits and costs depend on the proposed agreement, current lender criteria and individual circumstances.

A planned sale or refinance is not a guarantee of repayment. Replacement borrowing requires a separate assessment, and completing building work does not guarantee a higher valuation or mortgage acceptance. Borrowers remain responsible for repayment under the agreement if their planned exit is delayed or unavailable.

Interest and charges can increase the amount owed. Fees or retained interest may reduce the funds received, while rolled-up interest may increase the balance required for repayment. Extensions are not guaranteed and may involve further assessment, fees or revised terms.

Some bridging agreements are regulated mortgage contracts and others are not. The position depends on the borrower, security, property use, legal structure and applicable requirements. A firm's authorisation does not mean every product it arranges is regulated. The receiving firm should explain the status of the proposed borrowing, the services it provides and the protections that apply.

Calculator results are illustrations based on their inputs and assumptions. They do not provide a lender quotation or confirm eligibility, suitability, completion timescales or the final cost of borrowing. Criteria, products and costs can change.

If you make an enquiry, we can provide administrative support and introduce your enquiry to an adviser. An introduction does not guarantee that finance will be available. Mortgage Bridge has commercial referral relationships and receives a percentage of the commission earned by the adviser on introduced cases that complete. We therefore have a financial interest in those cases completing.

Read more about our role and how enquiries are handled in our About Us page, Terms and Conditions and Privacy Policy.

Any property used as security, including your home, may be repossessed if you do not repay borrowing secured against it.