Independent Bridging Loan Experts

Bridging loan service for property in Manchester

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Bridging Loan In Manchester

Specialists in raising bridging loans for commercial and residential property in Manchester

If you are renovating a property and require short-term finance, a bridging loan may be a good option. A bridging loan is a faster and more flexible alternative to a mortgage, for short-term funding requirements. A bridging lender will place a charge on your property, and provide you with an amount up to a certain loan to value (LTV) of the property. Once the loan is repaid, the charge will be lifted.

Typical fees involved in getting a bridging loan:

  • Arrangement Fee Charged by the lender
  • Exit Fee Sometimes Charged Upon Repayment
  • A surveyor/Valuation Fee is usually required
  • Solicitors Legal Fees
  • Monthly Interest

There are different Bridging Loan financiers in the UK and a wide range of products to suit different needs. We can help you access what options are available for your unique conditions

Why use a bridging loan or development finance broker?
  • You save money
  • Leverage our market knowledge
  • Get specialist deals through our professional relations with lenders
  • Save time
  • Complete quicker through our stakeholder approach
What interest rates do bridging finance typically attract?

This depends entirely on the individual project and the borrower's profile. You can rest assured that we will do our best to secure the best possible deal for your loan at an attractive interest rate by using our extensive market knowledge.

How quickly can you secure a bridging loan?

We understand that when it comes to bridging loans, time is generally of the essence. This is why our entire process is designed to be as fast and suitable as possible. We connect you with lenders that only require minimal data to make quicker decisions. With our guidance, you can usually gain access to funds in around 4 - 6 weeks; but in some circumstances, a decision can be made within three days for a simple residential bridging loan.

Our Process

Simply tell us a little about your business and we’ll be in touch to talk through possible solutions tailored specifically to you

Application

Decision in 
Principle

Surveyor
Instruction

Legal
Instruction

Agreement 
& Funding

Our Clients Say.

How we can help?

FinSpace is a master broker with access to over 130+ lenders based in central London covering the UK and Wales. Our team of 30+ experts will talk you through the application process and package your application from start to finish. We can browse the market and ensure to provide you with market-leading competitive rates to suit your circumstances.

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