A Bridging loan is a short term flexible loan, usually for 12 months or less secured on a property by way of a first charge mortgage where the exit is guaranteed by way of a sale or Remortgage. The loan can be used to “Bridge” the gap in your finances until either a long term financing solution can be secured or funds received from the sale of a property.

We will lend on most types of residential property purchased and sold by Professional Property Investors and Landlords.  As a lender we will secure a 1st legal charge on the security property, in some cases we can also look at taking a 2nd charge on a property. We do not lend on residential property you plan to use as your primary residence. These are “regulated” loans, we can arrange for a regulated broker to discuss the Pros & Cons of Regulated bridging loans.

For all loans provided by Closed Bridging Finance property used as security must be in England or Wales. If we work with a third party lender, they will consider property located in Scotland Northern Ireland.

We lend on the value of the asset, however we would like to see a current copy of your Experian credit file and score card.

Yes, we can arrange bridging finance to fund a percentage of the purchase price and a commercial loan as an exit, meaning that you leave low to No Money in the deal. Call 08456 440 911 to discuss your project.

Loans start from £26,000. Please contact us direct on 08456 440 911 to discuss your requirements.

Start with completing a Quick Quote, we will contact you to explain the process & costs.

Yes, we will consider Second Charges as security.

The maximum LTV is dependent on the property taken as security. Typically 80% of the Purchase Price or 70% of Open Market Value, whichever is lower or higher if you have additional security.  To confirm our current LTV please contact us on 08456 440 911   

We lend bridging finance from one day to 12 months, in some cases development finance loans are longer term.

Yes, it is recommended that all borrowers seek independent legal advice prior to signing any legal documents.

Providing that our solicitors are happy with title and replies to enquiries from your solicitor and we have a current RICS valuation we can arrange funds as quickly as 5 days, typical time frames for bridging loans are 15-20 business days.

Yes, all Directors will be required to give a personal guarantee.

Every bridging loan is different and tailored to meet your individual needs, so there is no standard answer.

Generally you will have the following costs:


Valuation Fee:

This is instructed by ClosedBridgingFinance and paid direct by the customer to the valuers firm. We obtain a fixed price quote from the Surveyor.


Our Solicitors Fees:

Only payable once we have agreed commercial terms with you.

Budget £1,500 excluding VAT and disbursements to cover our Legals fees inc. debenture, personal guarantee, discharge, Lease review, TT/CHAPS and disbursements. If lending to an individual the fees will be less.


Your Solicitors Fees:

You are responsible for these. We recommend that you use a solicitor who is familiar with commercial transactions, preferably having worked with bridging lenders otherwise you may experience delays.


Arrangement Fee:

Typically from 1% x Gross Loan, deducted from the loan advance and paid at redemption. If a broker has introduced you this will be deducted from the loan advance.


Exit Fee:

Typically from 1% x Outstanding Loan Balance, deducted from the loan advance and paid at redemption. In some cases it is not applicable.


Monthly Interest::

We can arrange Bridging & Development Finance Loans from as low as 0.50% per month with low gearing. Loans provided by Closed Bridging Finance are Typically from 1.25% per month x Gross Loan, deducted from the loan advance and paid at redemption. This can be paid monthly and is agreed in advance with you. The rate reflects the risk in the project. Call Rory O’Mara today to discuss further.

Please contact us on 08456 440 911 and we will be able to help you with enquiries regarding our products.

Alternatively email info@closedbridgingfinance.com

Yes, providing strict criteria are met AND you have additional properties to offer as security. We will consider 100% Funding on projects that a viable, this can include 100% x Purchase Price & Cost of Works on a Lend & Joint Venture Basis –

Call Rory O’Mara for details 08456 4409101

We set individual rates on the basis of the financial status, personal circumstances and the amount borrowed for each applicant. Eligibility criteria and conditions apply.

Call: 08456 440 911 for a tailored illustration for your project today.