Bridging Loans

Commercial and residential bridging loans are mainly used to secure property purchases where short term borrowing is required.

More about Bridging Loans

Bridging loan experts

Prospero have a huge level of experience arranging bridging loans for both commercial and residential properties.

  • check_box No upfront costs

    We'll never ask you for any costs upfront in order to get you a decision in principle. Depending upon the project we may need to charge a broker fee on completion, although we endeavour not to.

  • check_box No early settlement fees

    Get an agreement in principle the same day as you apply for your commercial mortgage

  • check_box Light, medium and heavy refurbishment

    We can search the entire market, meaning you get the most appropriate deal for your circumstances

  • check_box Commercial and residential buildings

    Because we can access the entire market, you'll get the best possible rates

  • check_box Auction property finance

    We accept both business trading and investment applications

  • check_box Fast turnaround

    In most circumstances we can offer a same day decision in principle

  • check_box Auction condition completions

    We can choose from a wide range of interest only commercial mortgages to keep costs down.

  • check_box Can be arranged without interview

    There is no max to the mortgage loans we can source for you.

  • check_box 1 to 24 month terms

    There is no max to the mortgage loans we can source for you.

  • check_box 100% advances with additional security

    There is no max to the mortgage loans we can source for you.

Bridging Loans Explained

    • What is a Bridging Loan
    • Arrangements for Bridging Loans
    • Key Features
      • What is a Bridging Loan

        A bridging loan is a form of short term funding secured again property, either residential or commercial. The traditional bridging was used to complete when a property purchase chain had broker down, however more recently the variety of purposes where bridging loans are used have increased over the years as more lending providers have entered the market.

        The specialist bridging finance team at Prospero Finance are able to arrange some of the best value, bespoke bridging facilities in the market, in addition are able to arrange the exit on the bridging loan where required, often on bespoke terms not widely offered throughout the market, giving our customers the peace of mind of having an exit option set up prior to completion.

      • Bridging Loans

        Bridging loans can be arranged under the following circumstances and terms, not limited to:

        • check_circle Regulated and unregulated loans
        • check_circle Chain breaks
        • check_circle Limited company applications
        • check_circle Light and heavy refurbishment options
        • check_circle Stage payment releases
        • check_circle Auction purchases
        • check_circle non-mortgageable properties
        • check_circle Properties requiring refurbishment (light, medium or heavy)
        • check_circle Full development bridging
        • check_circle 100% loans available
        • check_circle Below market purchase
      • Key features of our Bridging Loans

        We are able to arrange agreement in principles for our customers within 1 working hour of receiving your enquiry. With no upfront fees, application fees or commitment and you are under no obligation to proceed. Key features of bridging loans include:

        • check_circle No upfront fees
        • check_circle Up to 80% available
        • check_circle Market leading rates
        • check_circle No exit fees
        • check_circle 24 month terms available
        • check_circle Interest can be retained, rolled up or serviced
        • check_circle Regulated (for personal home) or unregulated loans available
        • check_circle Residential and commercial bridging
        • check_circle Whole of market fully advised service available

We can't thank the team at Prospero Finance enough for helping us re-mortgage and consolidate our credit card and loan debts. They saved us time and reduced our monthly mortgage payments by hundreds (we were on a bad rate). Thanks again!

Mr & Mrs Andrews,
Haresfield, Gloucestershire

Prospero Finance are an appointed representative of Executive Wealth Management Ltd who are Authorised and Regulated by the Financial Conduct Authority. Financial Services Register Number 534018