Bridging Loan Advice & Services in London
Need rapid, flexible short-term property finance? If you are buying a house at auction, need to fund a refurbishment or require cash before selling your existing property, our expert bridging loan advisors can help. At Masari Finance we compare bridging loan options from a wide choice of specialist lenders to assist you get a solution matched to your financial situation, property ambitions and deadlines.
What Is a Bridging Loan?
A bridging loan is a short-term secured loan designed to provide quick access to finance, usually for property related transactions. It helps bridge the gap between purchasing a property and arranging long-term finance or selling another property.
Bridging loans are commonly used when speed is essential, traditional mortgages are not suitable, or you need temporary funding while waiting for another transaction to complete. They can be used by homeowners, landlords, property investors, and developers for a variety of residential and commercial property projects.
Bridging Loans in London
Looking for fast, flexible bridging loan finance in London? Masari Finance is an FCA-regulated mortgage broker helping property buyers, investors and developers across London and the surrounding areas access competitive bridging loans from specialist lenders so you can move quickly and secure the funding you need without unnecessary delays.
Whether you’re buying at auction, bridging the gap between buying and selling, or funding a renovation project before refinancing, our expert bridging loan advisors are here to find the right short-term finance solution tailored to your circumstances.
Common Uses for Bridging Loans
Bridging loans are used across a wide range of property and investment scenarios where speed and flexibility are essential. Here are the most common situations where a bridging loan could be the right solution:
- Buying Before Selling
- Secure your new home before your existing property has sold without losing the purchase
- Auction Property Purchases
- Complete within the required 28-day auction deadline when a standard mortgage isn’t fast enough
- Renovations & Refurbishments
- Fund renovation or refurbishment works before refinancing onto a buy to let or residential mortgage
- Breaking a Property Chain
- Avoid losing your purchase due to a broken chain by bridging the gap quickly and keeping your transaction on track
- Property Investment Opportunities
- Move fast on time sensitive investment opportunities where standard mortgage timelines would cost you the deal
Ready to Find Your Perfect Mortgage?
Get expert mortgage advice from experienced mortgage advisors online or by phone. We’ll compare mortgage deals from a wide range of lenders and help you find the right mortgage for your needs.
Speak to One of Our Expert Mortgage Advisors Today :
Types of Bridging Loans
Understanding which type of bridging loan is right for your situation is an important first step. Our advisors will help you identify the most suitable option during your free consultation.
An open bridging loan has no fixed repayment date, giving you maximum flexibility when the timing of your exit whether that’s a property sale or refinancing is not yet confirmed. Open bridging loans are ideal when you need funds quickly but cannot predict exactly when your exit will complete. They typically carry a slightly higher interest rate to reflect the additional flexibility.
A closed bridging loan has a fixed repayment date, typically used when a property sale has already been agreed and completion is imminent, or when a refinancing arrangement is already in place with a confirmed completion date. Because the exit is more predictable, closed bridging loans often attract more competitive rates than open bridging finance.
Regulated vs Unregulated Bridging Loans
Bridging loans fall into two categories. A regulated bridging loan is used when the security property is, or will be, your primary residence and is overseen by the Financial Conduct Authority. An unregulated bridging loan is used for investment or commercial property purchases and is not subject to FCA regulation. As an FCA-regulated mortgage broker, Masari Finance advises on both regulated and unregulated bridging loans, ensuring you fully understand your options before proceeding.
How Our Bridging Loan Process Works
Our simple step-by-step process is designed to get your bridging finance in place as quickly as possible with expert guidance at every stage.
Request a Free Assessment
Contact us online or by phone. Tell us about your funding requirement, the property involved, and your intended timeline.
Provide Property Details & Timelines
We gather the key information we need property type and value, loan amount required, your exit strategy, and your target completion date.
We Review Affordability & Exit Strategy
Our advisors assess your financial circumstances and the strength of your exit strategy, then identify the most suitable bridging lenders for your situation from our panel of specialist providers.
Offer & Terms Confirmed
We present you with the most competitive bridging loan offers available, explain the terms clearly, and guide you through selecting the right option for your needs.
Funds Released
Once your application is approved and legal work is completed, funds are released often within 5-14 days from initial enquiry, depending on the complexity of your case.
Repay When Your Exit Completes
When your exit strategy completes whether that’s the sale of a property or refinancing onto a longer-term mortgage the bridging loan is repaid in full, including any accrued interest.
Bridging Loan Eligibility
While every case is assessed individually, here are the key factors lenders consider when reviewing a bridging loan application
Get a Free Mortgage Quote in London with Masari Finance
F.A.Q.
Frequently Asked Questions
How quickly can I get a bridging loan?
Bridging loans can be arranged significantly faster than standard mortgages. In many cases, funds can be released within 5-14 days, depending on the lender and the complexity of your case. Our advisors work with lenders who specialise in fast completions for time sensitive transactions.
How much can I borrow with a bridging loan?
Bridging loans are typically available from £25,000 upwards, with no fixed upper limit for larger transactions. The amount you can borrow depends on the value of the property used as security and the strength of your exit strategy. Our advisors will assess your full requirements during your free consultation.
What are typical bridging loan interest rates?
Bridging loan interest rates are typically charged monthly rather than annually. Based on current market data, rates in the UK typically range from 0.55% to 1.5% per month depending on your loan-to-value, property type and exit strategy making bridging finance more expensive than a standard mortgage, but significantly faster and more flexible. Your actual rate will depend on your individual circumstances. Speak to our expert advisors for a personalised bridging loan quote.
Can I get a bridging loan with bad credit?
It may still be possible to obtain a bridging loan with adverse credit. Many specialist bridging lenders focus primarily on the value of the security property and the strength of the exit strategy rather than credit history alone. Our advisors can identify the lenders most likely to consider your application based on your specific circumstances.
What is the difference between open and closed bridging loans?
A closed bridging loan has a fixed repayment date used when a sale or refinance is already confirmed. An open bridging loan has no fixed repayment date, offering more flexibility when timing is uncertain, though usually at a slightly higher rate. Our advisors will help you decide which is most suitable for your situation.
Do I need a solicitor for a bridging loan?
Yes , bridging loans are secured against property, so independent legal representation is required as part of the process. Your solicitor will handle the legal charge on the property and work alongside the lender’s solicitors to ensure funds are released as quickly as possible.