Development Bridging Loans

Fast and efficient bridging loans for property development

Give me the facts

ELEGIBILTY

Property developers, house builders and private clients looking to raise funds to develop property in England, Wales, Northern Ireland and Scotland. We also have funding for Ireland.

Up to 70% of gross development value, 100% with additional security.

MINIMUM AGE

21

MAXIMUM AGE

No upper limit – subject to underwriter review

AMOUNT

£100,000 – £25 million

DURATION

Up to 36 months

REPAYMENT

Monthly serviced or rolled up

INTEREST RATE

From 0.33% per month

SECURITY REQUIRED

First or second charge registered against a property/site

SPEED OF DECISION

Quote within 10 minutes of enquiry, credit backed decision the same day

TIMING OF CASH

Can be funded as quickly as 48 hours but normally in under 15 working days

APPLICATION PROCESS

Online enquiry, call, postal applications or face to face meeting

Best used for

Site finance – funding for both commercial and residential use classes

Plans for both experienced and inexperienced property developers

Development finance

Planning gains

Joint venture development plans

Commercial, residential and mixed-use projects

New build, conversion or refurbishment

Repayment can be built in to sell and/or build to rent

Sales period finance on completed projects

Key features

Interest calculated daily

Interest calculated daily

Rolled up interest facility

Rolled up interest facility

Valuation and legal fees at cost

Valuation and legal fees at cost

Plans with no early repayment charges

Plans with no early repayment charges

Rapid Bridging money hand icon

Contact us for more information

0208 150 7528
info@rapidbridging.com