RESIDENTIAL BRIDGING
Quick and simple bridging
Our bridging products are designed to help clients who are looking at quick property acquisitions or re-structuring opportunities.
The products provide you with the time you need to organise tenants, obtain planning permission and even undertake light refurbishments, before arranging long-term finance.
“Bridging loans are an invaluable tool in a property investors armoury. We recognise value in unmodernised and unmortgageable properties and our flexible short term products are designed to allow full value to be achieved on properties prior to sale or refinance.”
Martyn Smith
Bath & West Finance
Managing Director
Key rates & features:
£2,000,000
£50,000
70%
2%
from 1%
from 0.85%
Serviced, retained or rolled-up
90 Days
360 Days
Key Product Criteria*
PROPERTY
Houses, flats, BTL’s, HMO’s, auction, development land with full residential planning, unmortgageable
TENURE
Freehold or leasehold with more than 60 years left on the lease
RESIDENTIAL TENANCIES
A standard AST agreement
TYPE OF CHARGE
First charge, second charges considered
WORKS
Light refurbishment works, such as kitchens, bathrooms, floor coverings, general decoration and extensions where stage payments are not required, no structural alterations and no planning permission is needed
* Please refer to the criteria page for standard loan criteria for all products