Bridging Loan FAQs

Bridging loans are ideal for immediate access to funds for purposes such as property purchases, renovations, business opportunities, or covering short-term cash flow gaps.

Our streamlined processes and extensive network of lenders allow us to expedite the disbursement of funds. In many cases, you can receive the funds within 36 to 72 hours, on more complex cases up to a couple of weeks.

Bridging loans can be secured against various types of properties, including residential, commercial, semi-commercial, buy to let, investment properties and land. The property used as security must have sufficient equity to cover the loan amount.

Interest rates, fees, costing for bridging loans vary based on many factors such as the loan amount, length of loan, loan-to-value ratio, property type etc. We work to secure competitive rates and transparent fee structures tailored to your specific needs and profile.

Many of the bridging loans National Bridging Brokers will submit to you offer flexible repayment options, including early repayment without significant penalties and sometimes a bonus refund for timely repayment of the capital. It is important to review the terms and conditions of your specific loan agreement for details on early repayment.

If you encounter difficulties in repaying the loan on time, it is crucial at an early stage to promptly communicate with your lender. Your lender maybe able to explore options such as loan extensions or refinancing to help manage your situation. Defaulting on a bridging loan may result in additional fees and in extreme cases potential loss of the secured property.

To apply for a bridging loan, contact us to discuss your needs and circumstances. National Bridging Brokers experienced consultants will guide you through the application process, gather necessary documentation, and present you with tailored loan options from our network of lenders.

Using a specialised bridging broker (such as National Bridging Brokers) offers numerous advantages, including access to a wide range of pre-qualified lenders, expert personalised service provided by consultants, faster disbursement of funds and flexible loan structuring. National Bridging Brokers work hard to find the best terms and solutions that align with your unique financial needs. For further questions or to start your application process, please contact us directly. We are very friendly and are here to help you navigate the bridging loan process with ease and confidence.

Generally no in most cases, if there is it will be a nominal amount and clearly disclosed.