A bridge loan is a short term finance option which can be made to an individual or company and secured against a residential or commercial property or plot of land.
Bridging finance is popular with landlords and property developers for funding short-term projects, and are becoming increasingly popular with home movers, as it can help you to buy a new property, whilst you are waiting to sell your existing home.
There are a number of potential benefits for clients including; quick arrangement time, which can be within 24 hours, daily interest rate and no early repayment charges (on some schemes) – great if you only need to have the loan for a short amount of time.
No credit checks are required for bridging loans. However, lenders will require a completed application form, proof of address, a form of identification, and a copy of your building insurance schedule noting the lender’s interest, which we can arrange for you.
How it works
3 simple steps to securing a mortgage
Quickly see how likely you are to be ACCEPTED FOR A MORTGAGE before you apply
Can I get a mortgage?
6 reasons to choose CLS Money
Mortgages that suit you
No matter your circumstances, we are here to get the right mortgage for you.
Appointments at your convenience
We can meet you seven days a week from 8am to 8pm at a place that suits you, whether it be at your home, place of work or our offices.
Free of charge, no obligation advice
Our advice is completely free and there is no obligation to proceed with us if you are not entirely satisfied with the mortgages we recommend
At your side
We handle the entire mortgage application process through to completion, liaising with your lender, solicitor and estate agent to deliver a smooth, stress-free experience
With you all the way
As a responsible broker, we want your mortgage to always be the best fit for you. So when it's time to review it, we will be here to help.
Protecting what matters most
We provide tailored life and home insurance solutions, so you can be assured that your loved ones and possessions are protected.
Top Questions To Ask Your Mortgage Broker | CLS Money
Download the CLS Money App for FREE now
Track the progress of your mortgage application via our App and much more
- Instantly message the team and keep up to date with your application
- Upload and share documents for quicker decisions
- Verify yourself faster with advance biometrics for proving your identity
- Sign documents immediately on your smartphone
Why over 2,000 customers consistently rate us "Excellent"
Receive a personalised FREE mortgage quote
Contact us today
Want to know more about the benefits of bridging loans?
Check out our related blog here ↓