Bridging Finance in Nottingham
CoreFi is a commercial finance broker arranging bridging finance for Nottingham property, principally for limited companies buying at auction, breaking a chain, funding refurbishment or completing quickly. We match your case to lenders whose criteria fit. Rates, loan-to-value figures and timelines are indicative and depend on the security, the exit and lender appetite.
Bridging finance is short-term, property-secured funding used when speed matters and a longer-term facility is not yet in place. Around Nottingham that comes up constantly: a lot bought under the hammer at one of the city's regular property auctions with a 28-day deadline, a chain break on a commercial or residential purchase, a run-down former hosiery or lace building in Sneinton or the Lace Market bought to refurbish and refinance, or a business that needs to complete on a unit at Colwick or Blenheim before a term facility can be arranged. The loan is repaid from a defined exit, usually a sale or a refinance, rather than from monthly trading income.
CoreFi is a commercial finance broker. We work with businesses, principally limited companies, to understand the property, the plan and the exit, then match the case to lenders whose criteria fit. We do not lend ourselves and we do not decide the outcome. Whether finance is offered, and on what terms, depends on the security, the strength of your exit and each lender's appetite at the time. Any rate, loan-to-value figure or timeline mentioned on this page is indicative and for illustration only.
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Tell us about the property and the deadline
Share what you are buying or refinancing, the security, roughly how much you need and by when. If there is an auction or completion date, tell us up front. It costs nothing to start.
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We match you to bridging lenders
We identify lenders on our whole-of-market panel whose appetite fits the property type, the loan-to-value and your exit, and we package the case, including the exit plan, so it is presented properly and can move at pace.
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Review terms and complete
Interested lenders come back with indicative terms. Any rate or loan-to-value is illustrative until formally offered. You decide, and we help drive the case through valuation and legals to completion, then keep the exit on track.
What Nottingham businesses use bridging for
The most common reason we see locally is speed on a property deal. Nottingham has an active auction market, and a purchase agreed under the hammer typically has to complete inside 28 days, which is far quicker than a standard commercial mortgage can move. Bridging covers that gap. It is also used for chain breaks, where a purchase would otherwise fall through because a linked sale has slipped; for buying and refurbishing tired stock, of which the city has plenty, from redundant industrial units around Bulwell and Colwick to conversion opportunities in the Lace Market, Sneinton and the Meadows; and for quick completions where a business needs to secure a site ahead of a longer-term facility. In each case the point is the same: get the deal done now, then refinance or sell in an orderly way afterwards. Bridging is a bridge, not a home for long-term debt.
How bridging is structured, and what the exit means
A bridging loan is secured against property and runs for a short term, commonly a matter of months rather than years, with interest often rolled up or retained rather than paid monthly, so it does not drain cash while the plan plays out. Lenders size the facility against the value of the security, usually expressed as a loan-to-value percentage, and on refurbishment cases they may work to the current value and the expected value once works are complete. The single most important part of any bridging case is the exit: how the loan gets repaid. A sale of the finished or vacant property, or a refinance onto a commercial mortgage or development facility, has to be credible on the numbers and the timescale. A weak or vague exit is the most common reason a bridging enquiry stalls, so we press on it early and present it clearly.
Why bring a Nottingham bridging case to CoreFi
Bridging is a specialist, fast-moving market of dedicated short-term lenders and private funders, each with their own view on property type, location, refurbishment risk and acceptable exit. Approaching them one at a time is slow, and on an auction deadline slow can cost you the deposit. We hold that appetite detail across a whole-of-market panel, so we can steer a Lace Market conversion, a Colwick unit purchase or an auction lot toward the lenders most likely to fund it at a sensible cost, and package the case, the valuation basis, the works schedule where relevant, and above all the exit, so it is assessed properly the first time. We cannot promise a rate, a loan-to-value or an approval, because those sit with the lender and depend on the security and the exit. What we can do is match it well and move quickly.
Frequently asked questions
How quickly can bridging finance complete in Nottingham?
Bridging is built for speed and can often complete far faster than a standard mortgage, which is why it suits auction deadlines and chain breaks. Actual timescales depend on the valuation, legal work and the lender, so we never promise a date, but we prioritise cases with a live deadline.
Can I use bridging for an auction purchase?
Yes, that is one of the most common uses locally. A lot bought at a Nottingham auction usually has to complete inside about 28 days, and bridging can cover that gap. Your exit, typically a refinance or sale, needs to be credible, and we help present it.
What happens at the end of the bridging term?
The loan is repaid from your planned exit, usually a sale of the property or a refinance onto a commercial mortgage or development facility. A clear, realistic exit is the single most important part of a bridging case, so we work through it with you before approaching lenders.
Do you lend the money yourselves?
No. We are a commercial finance broker, not a lender. Whether bridging is offered, and on what terms, depends on the security, your exit and each lender's appetite. We package and present your case, but the decision and the pricing sit with the lender.
Is bridging finance regulated?
We arrange finance principally for limited companies borrowing for business and commercial-property purposes, which is unregulated. The lender confirms the eligible borrower structure and the regulatory position for their particular product as part of their assessment.
Get matched with lenders for your Nottingham business
Tell us what your business needs and we will match you with lenders whose criteria fit. No obligation, no cost to start the conversation, and a straight answer about what is realistic for your situation.
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