Bridging Loans
Whether you’re holding a land bank while securing detailed planning consent or preparing to exit a completed development, a bridging loan can provide the short-term funding you need to keep your project moving.
Our bridging loans have been developed for land bank and development exit scenarios to give you flexibility, speed and stability during the transitional stages of your project.
What is a bridging loan?
A bridging loan is a short-term funding facility that helps developers and investors to bridge the gap between significant stages of a project.
Bridging loan for a land bank
For a land bank site, our bridging finance can be used as a temporary funding solution for sites with planning consent for residential development. The bridging loan acts as a short-term bridge until longer-term property development finance is secured.
Bridging loan for development exit
For development exits, our bridging loan can act as a sales bridge to pay off any outstanding development finance between the development project being completed and its units being sold. It can also be used to stabilise an existing investment property that is completed but not yet performing to its full potential.
Get in touch
Our expert team is here to guide you through your journey. Tell us about your needs, and we will be happy to help.
If you already have a relationship with one of our team members please visit, Meet the team.
Key features of our bridging loans
There are several features of our bridging loans that are applicable to both land banks and development exits:
- Loan sizes: £2 million - £20 million
- Term: 3-24 months
- Repayment: Rolled or serviced repayment (subject to maximum leverage below)
- Leverage: up to 60% of Residual Land Value for a land bank or up to 70% loan to market value (LTV) for a development exit (inclusive of interest rolled up and fees)
- Rates: each loan is priced to risk. Floating rates over Bank of England base rate
How to apply for a bridging loan
As a starting point, these factors will determine eligibility to qualify for our finance options:
- Your project is located in mainland UK
- The loan amount required is between £2m-£20m
- You have relevant experience
Various aspects are assessed during the application process, including property type, security, and tenure.
Once all the above have been considered, funding is granted upon completion of the following steps:
- An on-site visit to discuss your requirements
- We provide our non-credit-backed heads of terms
- If you’re satisfied with our terms, sign and return the terms to us
- We submit to credit and receive a sanction
- Solicitors and valuers review all the legal requirements
- You’re ready to drawdown your loan
We’re dedicated to helping you achieve your development goals with lending solutions tailored to meet your specific project needs.