Secure your next development and maximise value with a bridging loan for property development.
Enjoy a cash injection that allows you to be agile and capture portfolio and project opportunities.
We work with specialist development bridging lenders to allow you to borrow up to £15 million and have your money within 48 hours.
See our latest testimonials from happy customers who have received Residential Bridging Loans.
Everything you need to know about residential bridging loans can be found here.
Ready to get started? Get your quote today.
Property developers, house builders and private clients looking to raise funds to develop property in England, Wales, and Scotland.
Up to 70% of gross development value, 100% with additional security.
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No upper limit – subject to underwriter review
£200,000 – £15 million
Up to 36 months for non FCA loans, 12 months for FCA regulated loans
Monthly serviced or rolled up
From 0.55% per month
First or second charge registered against a property
Quote within 10 minutes of enquiry, credit backed decision the same day
Can be funded as quickly as 48 hours, but normally in under 15 working days
Online enquiry, call, postal applications or face to face meeting
We partner with both first-time developers getting into the trade, and experienced developers looking to expand their portfolio.
It’s your business on its own journey, and our experienced team will be right there alongside you.
Bridging loans for property development are perfect for:
Residential property (which you may live in, rent out, or renovate to sell on, and HMOs).
Mixed-use properties (buildings where 40% or more of floor space is for commercial purposes).
Land (farmland, development land with or without planning permission, and agricultural land).
Commercial premises (warehouses, shops, restaurants, offices, hotels, factories, care homes, and more).
These testimonials are based on individual
circumstances and cannot be taken as a guide or advice.
“We were unable to get a loan anywhere. Nobody would fund building the house. We then approached Andrew who was unbelievably helpful. He was the only person who would even entertain the idea of trying to help”.
“Andrews nature and experience allowed for him to cut through some problems that we found with the other professionals. IE the solicitors and the banks”.
For regulated bridging loans the typical APR is 14.60% based on a loan size of £250,000 and fixed for 12 months, regulated bridging loans are for a maximum term of 12 months.
COMMERCIAL AND DEVELOPMENT BRIDGING LOANS ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.
WE ARE A CREDIT BROKER, NOT A LENDER. WE WILL RECEIVE COMMISSION FROM LENDERS. DIFFERENT LENDERS PAY DIFFERENT AMOUNTS DEPENDING ON DIFFERENT COMMISSION MODELS. FOR TRANSPARENCY WE WORK WITH THE FOLLOWING COMMISSION MODEL: PERCENTAGE OF THE AMOUNT YOU BORROW AND RATE FOR RISK (THIS IS BASED ON THE RISK PROFILE Of THE BUSINESS ) FURTHER DETAILS OF THE COMMISSION MODEL, CALCULATION AND AMOUNT WILL BE DISCLOSED TO YOU THROUGHOUT YOUR CUSTOMER JOURNEY.
With a property development project, getting from start to finish as quickly as possible without sacrificing quality is important to ensure both viability and profitability. With a traditional mortgage, you will be charged an early redemption penalty if you either sell the property within the tie-in period or switch to a standard residential or commercial mortgage (whether buy-to-let or owner-occupier).
A short-term finance solution like a bridging loan does not feature these tie-ins.
The costs involved in purchasing then refurbishing/renovating commercial or residential property are significant. Budgets required for new-build properties can be even greater. Few property developers will be able to attract the lump sum funding they need from investors; a bridging loan is the perfect way to secure the funding you need in the shortest amount of time.
Rapid Bridging’s lenders are able to lend to those applicants that have a poor credit history, including those with arrears, bankruptcies, CCJs, defaults, IVAs, response orders, statutory demands, winding up orders and more.
In these cases, lenders will often require borrowers to provide a wider range of exit strategies because of the concern that they will be unable to obtain the finance necessary to repay the loan. Please do not be put off from applying – we have years of experience helping clients with poor credit ratings find the funding they need.
The relationships we build with our customers are incredibly important to us. Hear what they have to say, and learn why people across the UK rely on Rapid Bridging time and time again.
Fast-track and quick bridging loans nationwide. Enquire today and we’ll get back to you within 10 minutes.
Rapid Bridging Ltd are a National Association of Commercial Finance Brokers (NACFB) Approved Member
WE ARE A CREDIT BROKER, NOT A LENDER. WE WILL RECEIVE COMMISSION FROM LENDERS. DIFFERENT LENDERS PAY DIFFERENT AMOUNTS DEPENDING ON DIFFERENT COMMISSION MODELS. FOR TRANSPARENCY WE WORK WITH THE FOLLOWING COMMISSION MODEL: PERCENTAGE OF THE AMOUNT YOU BORROW AND RATE FOR RISK (THIS IS BASED ON THE RISK PROFILE Of THE BUSINESS) FURTHER DETAILS OF THE COMMISSION MODEL, CALCULATION AND AMOUNT WILL BE DISCLOSED TO YOU THROUGHOUT YOUR CUSTOMER JOURNEY.
Rapid Bridging Ltd is authorised and regulated by the Financial Conduct Authority.
Rapid Bridging Ltd is entered on the Financial Services Register www.fca.org.uk under reference 716246. Registered in England under reference 09568514.
Head Office Address: Level 30, The Leadenhall Building, 122 Leadenhall St, London, EC3V 4AB. | Telephone: 0208 150 7528. Registered address: Level 30, The Leadenhall Building, 122 Leadenhall St, London, EC3V 4AB. The information contained within this site is subject to the UK regulatory regime and therefore is primarily targeted at consumers based in the UK. Should you have cause to complain, and you are not satisfied with our response to your complaint you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows.
The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
