What Are Refinance Bridging Loans?
Refinance bridging loans provide a smart solution when your current bridging loan is ending, but you need more time to complete your project or secure long-term financing.
These short-term loans allow you to repay your existing bridging loan while giving you the breathing space to move forwards.
A refinance bridging loan is often referred to as ‘re-bridging’. It’s essentially a new bridging loan that replaces your current one, offering you a fresh start.
A bit like when you remortgage a main mortgage to a new lender.
Expert finance advice
tailored to you
Quality service
Fast, friendly and professional service.
Lender Choice
Over 250 Banks, Hedge Funds, Family Offices & more.
Experience
Over 15 years of specialist finance broking.
Bespoke Lending
Finance tailored specifically to meet your needs.
Why Choose a Refinance Bridging Loan?
Unlike initial bridging loans used for property purchases or chain breaks, re-bridging loans cater to those who’ve already taken out a bridging loan but require an extension.
They’re ideal when unexpected circumstances have altered your original timeline, such as extended planning processes or renovation complexities.
Opting for a refinance bridging loan can transform a challenging situation into an opportunity:
Prevent forced sales
Don’t let a looming deadline force you to sell at an unfavourable price. A refinance bridging loan gives you control over your timeline.
Realise your project’s full potential
Extra time means you can complete renovations or secure planning permission, potentially boosting your property’s value significantly.
Stay in control
Instead of facing default or rushing into unsuitable financing, you maintain control over your property and project.
Optimise your exit
Buy time to arrange long-term financing or find the right buyer, ensuring you maximise your investment’s return.
Key Features of Refinance Bridging Loans
- Substantial funding: Loans from £150,000 to £100 million
- Flexible terms: Up to 18 months
- Competitive rates: Rolled-up or serviced interest
- High Loan-to-Value (LTV): Up to 80% net in favourable cases
- Swift decisions: Same-day Decisions in Principle available
- No Early Repayment Charges: Exit when it’s right for you
Who Benefits from Refinance Bridging Loans?
Our tailored refinance solutions serve a range of clients:
- Property developers navigating unexpected hurdles
- Investors seeking to maximise returns in changing markets
- Business owners needing time to realign finances
- Landlords enhancing properties before sale or letting
Whether you’re a seasoned property professional or a business owner exploring property investment, we have the expertise to propel your project forward.
Common Applications for Re-bridging
Securing Planning Permission
The planning process can be unpredictable. If your initial loan is ending but permission is on the horizon, re-bridging can provide the extra time needed to finalise conditions and boost your property’s value.
Perfecting Property Renovations
Uncovering hidden issues during renovations is common. Our refinance options allow you to complete works to the highest standard, potentially increasing your property’s market value or rental yield.
Timing Property Sales
In a dynamic property market, finding the ideal buyer at the right price takes time. Refinancing prevents rushed sales, allowing you to capitalise on optimal market conditions.
Strategic Business Finance
For business owners, a refinance bridging loan offers valuable time to reorganise finances, complete business transactions, or await returns from other investments.
Overcoming Lender Hesitation
We understand that some lenders view refinancing bridging loans cautiously, considering:
- Perceived increased risk if the original exit plan changed
- Concerns about extended borrowing impact on profits
- Questions about the underlying project’s viability
If the exit strategy has failed once, lenders may be reluctant to re-bridge without clear evidence that the situation has changed.
We take a more nuanced view.
We recognise that delays often stem from factors beyond a borrower’s control. Our team looks past surface concerns to assess your project’s true potential and find the right solution.
Unrivalled Access to Lenders
With our network of over 250 lenders, including private banks and individual lenders, we’re uniquely positioned to secure refinance bridging loans in situations others might deem challenging.
Our strong relationships enable us to:
- Connect you with lenders who appreciate the nuances of your situation
- Negotiate terms that reflect your project’s true merit
- Secure funding even in complex or time-sensitive scenarios
Our track record speaks volumes – we’ve successfully arranged refinance bridging loans for numerous clients, turning potential setbacks into success stories.
Exceptional Terms
Our extensive lending network allows us to offer standout terms, from major institutions to niche private lenders.
Allow us to create solutions that precisely fit your needs, from small residential renovations to large commercial developments.
- LTV ratios up to 80% net, especially when we can show increased post-planning value
- Flexible interest structures, including rolled-up or serviced options
- Freedom to exit early without penalties
- Rapid Decisions in Principle, often same-day
- Title insurance included, accelerating your timeline
- Bespoke pricing on loans above £5 million
Time-sensitive property projects demand flexible financing solutions.
We specialise in refinance bridging loans tailored for savvy investors and developers.
Whether you’re nearing the end of your current bridging loan term or need additional funds to maximise your project’s potential, our expert team is ready to help.
We offer swift decisions, high loan-to-value ratios, and bespoke terms to match your unique situation. With access to over 250 lenders, including private banks and individual financiers, we secure competitive rates even for complex cases.
Don’t let financial constraints hinder your property ambitions.
Take control of your project’s timeline today. Call us on 020 3488 5706 for a no-obligation consultation.
Need some help?
If you need a short-term bridging loan then a specialist broker is a good place to start. You will get expert help and advice along with a wide range of lenders to choose from.
To speak with a specialist broker, please call us on 020 3488 5706.
