Chain break and fast purchases, for investment property.
You want to complete on a purchase before another property sells, or a vendor wants to exchange in days. A bridge secured on the property you are buying, or on one you already own, gets it done.
The business version of a chain break
The classic chain break, buying a new home before the old one sells, is a regulated loan because you live in the property. We do not arrange those; an FCA-authorised adviser does. What we do arrange is the investor's equivalent:
- Buying an investment property before the sale of another investment property completes.
- Completing on a purchase quickly because the vendor wants certainty and has priced accordingly.
- Raising a deposit for a purchase against equity in a rental property you already own.
- Buying out a partner or a joint owner in an investment property.
- Refinancing a portfolio quickly when a lender calls in a loan.
Security options
Bridging lenders can take a first charge on the property you are buying, a second charge on property you already own, or both (cross-collateralised). Using two properties can take the loan to 100% of the purchase price, which is how investors buy without a cash deposit when the equity exists elsewhere.
Typical terms
Up to 75% LTV on a single property, higher across several. Rates from 0.55% to 0.9% per month for straightforward residential investment property. Terms from 3 months. Because the exit is normally the sale of another asset, lenders want to see that sale is real: an agreed price, a solicitor instructed, and a completion date in sight.
Speed
These are the fastest bridges. With a recent valuation, a title that is already lender-ready and a solicitor who does bridging, seven working days is achievable. The lender's legal work on a property you already own is usually quicker than on a purchase.
About the numbers on this page. Rates, fees and loan-to-values are typical market ranges for unregulated bridging in England, given so you can size a deal. They are not an offer. Your terms depend on the property, the exit, the lender and you.
Questions we get asked
Is this regulated?
Only if you or a family member live in, or will live in, the property being bought or the property used as security. In that case it is a regulated bridging loan and needs an FCA-authorised adviser, which we are not. For investment and business property, it is unregulated and we can help.
Can I borrow the full purchase price?
If you have enough equity in other property, yes, by giving the lender a charge over both. The combined LTV across all security is what the lender measures, usually capped at 70% to 75%.
What if my sale falls through?
You need a second exit: refinance the purchased property on to a term mortgage, or sell it. Lenders will want to see that this is possible before they lend, which is why the property you buy needs to be mortgageable.
Tell us the deal.
A few numbers and a postcode is enough for a first view. Indicative terms cost nothing and commit you to nothing.