Our short term bridging loans are for purchase, refinance, property improvement or to unlock working capital for business purposes.
This unique overdraft provides you with a flexible drawdown facility giving you instant liquidity and avoids heavy setting-up costs.
Individually structured development loans for residential and commercial projects, with finance available for site purchase, construction and fees, refinance, equity release and to provide working capital. Loans are available up to 90% of the site cost.
We have a commitment to innovation and with the ever changing financial landscape around us we have designed a range of unique Specialist Lending products that solve a range of property lending needs.
A client in Hertfordshire required a second charge residential bridging loan secured against their recently refurbished £2.5 million family home. The property features a large barn that has been converted into a dance studio and two offices, making it a unique residential asset.
The borrower needed to repay an existing second charge loan with another lender and raise an additional £350,000 to complete an ongoing development in Watford. The development site was just six weeks from completion; however, the lender that had funded the project was unable to release further capital to finish the site.
Alternative Bridging stepped in with a £1.45 million second charge residential bridging loan on the client’s main residence, providing the necessary funds to repay the existing loan and support the completion of the Watford development. Notably, our security was solely against the main residential property—no charge was taken on the development site.
We completed within 15 days from handover, reflecting a swift and efficient turnaround. The client had previously borrowed from us, allowing us to rely on an established relationship and understanding of their requirements.
By providing a 70% second charge residential loan—a product not widely available in the market—we delivered a flexible and timely funding solution that enabled the client to clear their existing debt and progress their development without delay.
This case highlights our ability to offer tailored bridging solutions secured on unique residential assets, supporting clients with complex needs and tight timescales while maintaining a smooth and professional process.
If you would like to find out more about our residential bridging loan, you can explore it here. Alternatively, browse our full range of bridging loan solutions here. If you have a specific query about a loan you require and need more information, then please do not hesitate to contact us or simply call us on 0208 349 5190 to speak to one of our professional bridging finance advisors. They will be able to help you get started on your bridging journey with us.
Residential finance with fewer hoops We provide Residential Bridging Loans that are secured by a first or second charge mortgage on residential investment properties.
