Introduction to bridging loans and early repayment Bridging loans are short-term financing solutions primarily used in the property market to bridge the gap between needing funds and securing permanent financing. Our guide details the specifics of repaying these loans early, a flexibility that can benefit borrowers under the right circumstances. At Bridging Options, we focus on supporting individuals and companies with specialist fast bridging finance. Our experienced brokers have access to finance from leading lenders. So, if you need access to reliable finance from £150K – £5m, contact us to ..read more

Bridging loans are crucial in the property and financial sectors, effectively closing the gap between financial needs and their fulfilment. Open bridging loans, in particular, provide a flexible option for those dealing with uncertain timelines for purchasing or selling properties. Open vs. closed bridging loans: What’s the difference? The key difference between an open and closed bridging loan mainly lies in the flexibility around the repayment terms. A closed bridging loan has a fixed repayment date, often tied to a fixed date when you know you’ll have the funds available, like from the sale ..read more

A Detailed Explanation of Halifax Bridging Loans A bridging loan, commonly known as a bridge loan, is a short-term finance option to cover expenses until permanent or next-stage financing is obtained. In property transactions, Halifax bridging loans are primarily used to bridge the financial gap between the purchase of a new property and the sale of an existing one. This loan type is invaluable in fast-paced real estate markets where quick action is necessary. Bridging loans from Halifax are not only applicable for property transitions but also  ..read more

When it comes to funding rapid expansions or bridging financial gaps, commercial bridging loans stand out as a notable option in the financial toolkits of many businesses. This type of short-term loan is tailored for speed and flexibility, providing a lifeline during crucial property transactions or while awaiting more permanent financing solutions. At Bridging Options, our senior consultants explain what makes commercial bridging finance both a compelling and occasionally complicated choice: Key takeaways Here are the key takeaways from our discussion on commercial bridging loans: Quick Fund ..read more

Despite its relatively low returns on capital, farming has always been one of the most secure forms of investment, renowned for being a safe haven and being held in high esteem. But with concerns over our recent departure from the European Union and the implications this has on funding, we ask the question, “what is the best way to finance a farm purchase in order to secure a successful future?”. How to finance a farm purchase? It’s not always straightforward when it comes to financing farm land, but thanks to short term solutions such as bridging loans, farmers can acquire acres of agricultur ..read more

If you’re considering getting a mortgage or short-term loan for your latest house renovations, then you’ll likely be wondering if your credit report will allow it. This is why it is essential to regularly check your credit score when making any significant financial decisions. However, with the many different credit reference agencies out there, and their various ways of providing your credit history information, it’s not always easy to know which one to use. The good news is that a checkmyfile credit report provides you with all the credit history information you need in one place. At Bridgin ..read more

The London property market is very competitive, which can mean you might lose out on your dream home if you do not have the finances in place quickly enough to go through with the property purchase. A bridging loan can be used to ‘bridge the gap’ between selling your existing property and buying a new property in London, without being dependent on receiving the finance from the sale. A bridging loan can also be a good solution for purchasing an investment property. A bridging loan can be an effective way to purchase a property in London due to high borrowing limits, competitive interest rates ..read more

Commercial property development can be very lucrative but it takes a certain set of skills and knowledge to become successful in this field, as well as the necessary finance. If you do not have a well-planned strategy then you can risk losing money and you could face some very challenging times. To succeed in commercial property development, you require astute financial and project management skills, in addition to a strong understanding of the commercial property market. Having the right connections within the construction industry will also be very beneficial to agree rates that maximise you ..read more

Bridging loans and mortgages are types of finance used to purchase property, by individuals, companies, landlords and property developers. But in which scenario is one better than the other? A bridging loan is a short-term loan used to bridge the gap between the purchase of a new property until the sale goes through on an existing one. A mortgage is a long-term loan that covers the purchase of a property. Both are secured loans, i.e. require an asset(s) to be put up as security. A residential mortgage is the most common form of secured loan and is perhaps more widely understood than a bridging ..read more

There are a lot of reasons why people might want to start a property portfolio in the UK. Perhaps they want to secure their financial future, or maybe they are looking for a more stable way to invest their money. Whatever the reason, it is important to understand the costs involved in property investment and what is required in order to be successful. In this article, we will discuss the benefits of property investment and outline some of the costs associated with it. We will also highlight some successful UK property investments and offer advice for those considering investing in property. Fi ..read more