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Bridging Loans

Bridging Loans UK

£100k - £5M
1 - 18 months

Bridging loans provide short-term secured finance that lets businesses move quickly when timing matters. They bridge the gap between buying a new asset and selling an existing one, or provide fast capital while longer-term funding is arranged.

Typical uses include auction purchases, chain breaks, refurbishment projects, and land acquisition. Rates start from 0.39% per month, with terms from 1 to 24 months. Most lenders require a clear exit strategy (sale, refinance, or development completion).

Key Benefits

  • Completion in 5-14 days for straightforward cases
  • Borrow from £50k to £25M against property or land
  • Interest can be rolled up (no monthly payments)
  • First and second charge options available

Frequently Asked Questions

How quickly can a bridging loan complete?

Simple first-charge bridging loans can complete in 5-7 working days. More complex cases (second charge, large amounts, non-standard security) typically take 10-21 days.

What security is needed for a bridging loan?

Bridging lenders take a legal charge over property or land. Residential, commercial, semi-commercial, and land are all accepted. LTV is typically 65-75%, though some lenders go to 80%.

Can I get a bridging loan with bad credit?

Yes. Bridging lenders focus on the security value and exit strategy rather than credit history. Adverse credit is considered case by case, though rates will be higher.

What is an exit strategy?

The exit strategy is how you plan to repay the bridging loan. Common exits include selling the property, refinancing to a mortgage or commercial loan, or completion of a development for sale.

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CoreFi is a trading name of JG Core Ltd (Company #16218779, England & Wales). CoreFi acts as a commercial finance broker and does not provide regulated financial advice. All products described are unregulated business-to-business finance. Information on this page is for general guidance only and does not constitute a formal offer of finance. Terms, rates, and availability are subject to lender criteria and may change without notice.