A bridging loan is a sort-term loan (usually up to 12 months) secured against an existing property or a property to be purchased. Bridging loans are available on a ‘status’ (income must be proved) or self-certification basis (no proof of income required)


Bridging loans are a very fast and flexible method of raising finance.

There are two main types of bridging loan: the 'closed' bridge and the 'open' bridge.

A ‘closed’ bridge is only available to homebuyers who have a mortgage offer in place for a property purchase or a signed contract in place for a property sale.

An 'open' bridge is available to homebuyers who have found their desired property but may not have put

Bridging Loans Mortgages

their existing home on the market or are stuck in a chain and unable to complete on the sale. It can also be used for many other purposes – see examples below.


The following are typical bridging scenarios:

  • Buying at auction
  • Equity release
  • Avoiding a chain – buy your new home before your present property has sold
  • Property conversions / development
  • Stop repossessions
  • Short-term cash flow – to release equity quickly from the property i.e. to cover a tax shortfall
  • Discounted purchase – to enable you to buy a property at below market value on the condition of a quick completion

Bridging finance is available on both a residential (to 75/80% loan to value) and commercial basis (65/70% loan to value).


For further information please contact us on

FREEPHONE 0800 587 4229, request a call back,

email, or complete an online enquiry form


The overall cost for comparison is 2.2% APR

The actual rate available depends upon your circumstances.

Ask for a personalised illustration. APR variable and based on a typical case

A FEE MAY BE CHARGED - AN AVERAGE FEE WOULD BE 2.7%