Fast Bridging Loans

Alternative Bridging specialise in providing fast bridging loans so borrowers can react quickly to circumstance. Whether looking to snap up an opportunity at a property auction, dealing with a chain-break on a residential property purchase.   Or rescuing a deal because a lender has dropped out at the last minute, we are the fast bridging finance specialists.

Property Auctions

Auctions are very popular at the present time.    Particularly with property investors but they are also attractive to first-time buyers and owner-occupier buyers.  Bridging provides the speedy solution required as auction purchases need to be completed within 28 days of the hammer going down.

In addition, often properties available at auction are old or in need of repair, which makes them perfect for refurbishment finance. A bridging loan from a fast and reliable provider can secure the auction property and fund the refurbishment as well. When completed, the buyer can then sell or remortgage with a buy-to-let or residential mortgage, whichever is applicable.

Regulated Bridging loans effectively making you a cash buyer

Meanwhile, a sad fact of life is that homebuyers will often find that their chain has fallen down due to no fault of their own.  Putting the purchase of their dream home in jeopardy. By using a regulated bridging loan, they effectively become a cash buyer, become detached from the broken chain and can remain on track to buy the home. The fast turnaround of the bridging application is what makes this possible.

Same Day Decisions

We have a quick and easy application process.   So long as the broker ensures the applicant provides all the required information in a timely fashion, we can provide same day decisions.   That’s because we’re focused on providing a fast expert service.

Broker and Lenders play a key part

Brokers have a key part to play in ensuring the application runs smoothly. They can quicken the process by proactively examining the files that they get from the applicant.  Gathering together the missing information and then sharing it with the lender who then has the data on which to base a fast, positive decision.

Fast decision making provides certainty

Having been involved in providing short-term lending for over 30 years.  Alternative Bridging are proven specialists in delivering urgent bridging loans. We provide certainty with our decision making, which is vital when speed is of the essence and instills confidence to our brokers and clients.