Bridging loan companies are financial lenders who offer bridging loans and finance, currently there are over 80 lenders in the UK who offer this type of loan, high street banks also offer bridging loans but only as a last resort and they tend to offer finance only to existing clients who also have a mortgage with them, the other bridging loan companies are specialist lenders, who tend to only offer this type of loan, because they only offer bridge finance they tend to be more flexible and can offer better terms and interest rates, we can find a bridging loan company that best suits your circumstances who offers this type of finance.
Bridging Loan Companies are situated throughout the UK and each one has a certain criteria that they work to when offering finance, as such it pays to deal with a bridging loan broker who fully understands the market, including who is lending and what their rates are, some prefer to offer loans within certain geographical locations whilst others will lend anywhere in the UK, also they will have a preference for property type such as commercial, residential or even land that they will lend against in addition to this the loan to value for the loan has to be taken into account whilst loans of up to 80% are available, it is also important to find a lender who specialises at this higher end of the spectrum, many more lenders operate in the loan to value range of 50-75%, the main thing is to be able to match your loan requirement with the correct company this will ensure you get the best interest rates for your specific loan requirement.
As a Specialist bridging loan broker we deal with all of the lenders in the UK on a weekly basis and so know exactly what deals are available to you at any one time, also because we are one of the largest brokers in the UK we can also access special rates and deals that are not freely available, we work on a commission-free basis as the lenders pay our fees due to the volume of business we give them.
UK Bridging Loans are one of the UK’S leading bridging loan brokers and can search all of the loans on the market to source the perfect deal for your circumstances.
Contact us now to discuss your proposal and we can assure you of the very best advice and service, call us now 0800 138 6001 or use the contact form on this page to compare loans.
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