Who are The Bridging Group?ย
Covering England and Wales, The Bridging Group have a friendly and knowledgeable team and treat their clients and partners fairly and with the service and speed you would expect from a highly experienced lender. They are passionate about good service, which is why they enjoy a high rate of repeat borrowers.
At The Bridging Group, they understand that navigating the world of real estate and finance demands tailored solutions to meet your specific needs.ย
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That’s why each of their bridging loans is crafted to provide you with the financial flexibility required to seize opportunities, complete projects, or overcome challenges. Let’s take a closer look at their comprehensive list of bridging loan types:ย
Development Exit Bridge: Designed for part-built projects, focusing on properties that are wind and watertight.
- How it works: Borrowers can secure financing to complete a development project, ensuring the property is suitable for sale or refinancing.ย
Development Finance: A brief financial arrangement for new development projects, typically short-lasting.ย
- How it works: It covers the expenses of acquiring and constructing residential or commercial development projects, which may involve new builds, conversion or renovation of existing structures.ย
Commercial Bridge: Short-term funding for commercial real estate, such as hotels.ย
- How it works: When the borrower provides a satisfying exit strategy, it acts as capital for time-sensitive opportunities or financial gaps as a commercial property is acquired or being renovated.ย
HMO Acquisition Bridge: Designed for purchasing Houses of Multiple Occupation (HMOs).
- How it works: It provides funds to acquire HMO properties, often with higher returns due to multiple rental units.ย
Second Charge Bridge: Secured with a secondary charge on the property, often behind an existing mortgage.ย
- How it works: Borrowers can access additional funds while the first mortgage remains in place.ย
First Charge Bridge: A primary bridge secured as the first charge against the property.ย
- How it works: This loan takes priority over other debts and is used for various purposes, such as property acquisition or development.
Refurbishment and HMO Conversion Bridge: Specifically for properties requiring refurbishment and conversion into HMOs.ย
- How it works: Funds are provided to renovate and convert properties into profitable HMOs.ย
Auction Purchase Bridge: Tailored for acquiring properties at auctions, where quick financing is essential.
- How it works: Borrowers secure short-term financing to purchase properties at auctions and may later refinance or sell.ย
Closed Bridge: A bridging loan with a fixed repayment date.ย
- How it works: Borrowers have a predetermined exit strategy, ensuring the loan is repaid within a specified timeframe.
Cashflow Bridge: Designed to address temporary cashflow challenges in businesses.ย
- How it works: Businesses can use this loan to cover operational expenses until anticipated revenue arrives.
Debt Payoff: Used to consolidate and pay off existing business debts.ย
- How it works: Borrowers can streamline their finances by using bridge funds to clear existing debts.ย
Stock Purchase Bridge: Provides working capital for purchasing inventory or stock.ย
- How it works: Businesses can ensure an adequate supply of goods without disrupting cashflow.ย
BTL Investment Bridge: Designed for acquiring Buy-to-Let (BTL) investment properties.ย
Their diverse range of options ensures that you have the support you need, precisely when you need it. Whether you’re a property developer, investor, or business owner, their bridging loans are designed to put you on the path to success.