Bridging Loans Explained

A bridging loan is a short-term solution, most often taken over 12 months, that offers developers and investors speed. A bridge can be used in various situations. Typically it is used when there is a need to move quickly to secure a land purchase or acquire a new investment opportunity.

So you’ve applied for a bridge, what happens now?

There are many stages to any finance application and bridging loans are no different. We’ve put together a sixteen step guide outlining what you can expect to happen during the application process.

Can you speed up the bridging process?

A bridge can take anything from 3 days to 3 months to complete. It really depends on the complexity of the case and your preparedness. There are several steps you can take ahead of application to give you the best chance of a swift deal. See our guide on becoming Finance Ready.