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Residential Bridging Loans

A Residential Bridging Loan will apply to borrowers who are buying a residential property for their own occupancy or where the Bridging Loan is being partially or wholly secured on owner occupied residential property.

There are many situations where a Residential Bridging Loan can be beneficial in facilitating the completion of a property transaction which would otherwise be lost including:

Chain Breaking - where a property purchase is jeopardised because your ‘chain’ has fallen through.

Buying at Auction – where the purchase of the property has to be completed in much shorter timescales than a standard mortgage application

Cash Buyer Opportunities - where you are able to acquire a property at a discount to the market value if completion can take place quickly.

Refurbishment – where standard mortgage lenders withhold some or all of a mortgage whilst essential refurbishment and repairs are completed.

Rapid Capital Raising – where raising finance against the security of your residential property can be provide urgently needed funds – e.g. for business purposes or a short term opportunity to purchase a second home or an overseas property.

If your Bridging Finance requirements are not connected with a residential property which you occupy now or will occupy in the future (e.g. a Buy-to-Let property purchase) please refer to our Commercial Bridging Loan section.