Simple financial products tailored to meet the diverse needs of individuals and businesses that require access to short-term funding.
Choose Bluecroft Finance for your bridging loan and experience unparalleled speed, flexibility, and accessibility. We provide quick approval and funding, tailored to meet the needs of unique circumstances. Whether you’re a property developer, investor, or business owner, our transparent rates and terms ensure clarity and peace of mind.
Residential bridging finance is a short-term loan used to bridge the gap between the purchase of a new residential property and the sale of an existing one. It is often used by homebuyers who want to buy a new property before selling their current one.
The typical scenario where residential bridging finance is used is when a homeowner finds their dream home but hasn’t sold their existing property yet.
In such cases, they may not have immediate access to the funds needed to purchase the new property. Residential bridging finance provides them with temporary funds to cover the purchase until they can sell their existing property and repay the loan.
A common misconception is that bridging loans are only used when purchasing property at auctions or when buying a new property before you have sold our existing one. Whilst they can be used for these purposes, they can also be utilised in other scenarios too, including when traditional mortgages aren’t suitable or when a business has been suffering financial difficulties and their existing lender will not lend any more funds.
Once you’ve decided bridging finance is right for you and you’d like to start the application process, our team is on hand to guide you through the entire process. This involves completing the necessary paperwork and application forms, and identifying the solution that fits best. We prioritise speed and understand that our clients often need to make decisions quickly and our admin support team will guide you through every step of the process.
Please get in touch and we'll guide your through the application process. Our team will review your enquiry and contact you within 1 business day to discuss your needs.
If your enquiry meets our lending criteria and we can assist you, we will issue you with indicative loan terms, which outline the terms and conditions of the proposed loan.
Once the terms have been signed, we will instruct our valuers and solicitors. You must instruct your property lawyer to work on your behalf.
When all legal, due diligence is complete, and loan documents are signed, we will proceed to draw down your loan. Funds will be paid into your nominated bank account for you to use towards your required project.
Bridging loans are versatile financial tools that cater to a range of needs, providing short-term solutions to individuals and businesses.
Whether it’s facilitating property transactions, financing development projects, or managing cash flow, bridging finance offers flexibility, speed, and accessibility to borrowers in various situations.
Get in touch via our website or call us for free on 0161 504 6988
You’re facing unexpected difficulties with short-term cash flow
You’re facing unexpected financial difficulties`
You’re waiting to secure long-term financing
When traditional financing isn’t an option.
Explore Bluecroft’s latest news and client insights to learn more about the world of bridging finance. From market trends and regulatory updates to client success stories and testimonials, our curated content offers valuable insights into the evolving landscape of short-term lending.
Our UK-based team of bridging finance advisers provide specialist advice across the whole spectrum of bridging loans and financial products. Whether you want to learn more about how it works or need guidance with the application, our expert team is here to help.
Get in touch via our website or call us for free on 0161 504 6988
A client needed a fast financial injection to fuel their business expansion. They faced a significant challenge – securing a £100,000 bridging loan against a property under development within a strict one-week deadline
A client needed a fast financial injection to fuel their business expansion. They faced a significant challenge – securing a £100,000 bridging loan against a property under development within a strict one-week deadline
Our client, a property sector business, needed a fast £1.1 million bridging loan to facilitate their expansion plans. However, some legal hurdles threatened to delay the process.
Our client, a property sector business, needed a fast £1.1 million bridging loan to facilitate their expansion plans. However, some legal hurdles threatened to delay the process.
A company urgently needed £250,000 to invest in critical business improvements to support their expansion plans.
A company urgently needed £250,000 to invest in critical business improvements to support their expansion plans.
