Bridging Finance London brings exceptional expertise to Bath and its surrounding areas, offering customised bridging loan solutions for diverse needs.
Our thorough understanding of Bath’s unique property landscape enables us to provide quick, adaptable financing options tailored to the local market.
Bridging loans function as short-term financing solutions, filling the gap between property purchases and long-term funding arrangements. Whether you’re aiming to acquire a prized period property in the city centre or invest in Bath’s flourishing tourism sector, we provide loans up to 80% LTV, with the possibility of up to 90% in specific situations.
Bath’s property market is distinguished by its blend of historical architecture and contemporary developments. The city’s UNESCO World Heritage status, combined with its robust economy and esteemed university, creates a unique environment for property investment and development.
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.
Types of Bridging Loans Available in Bath
Residential Bridging Loans: These are well-suited for homebuyers wanting to quickly secure their ideal Bath property. Such loans can give you an edge in Bath’s competitive housing market, particularly when pursuing sought-after Georgian or Victorian properties.
Commercial Bridging Loans: These cater to investors and businesses looking to take advantage of Bath’s thriving tourism and retail sectors. They can assist in acquiring prime commercial real estate in popular areas such as Milsom Street or SouthGate Bath.
Auction Finance: This option is tailored for property investors participating in Bath’s property auctions. These loans deliver the rapid capital required to secure properties sold at auction, which typically demand completion within 28 days.
Bath Property Market Overview
Bath’s property market continues to demonstrate strength and stability. As of 2023, the average house price in Bath stands at £476,000, reflecting a 5% increase from the previous year. The city’s limited housing stock, paired with high demand from both local buyers and investors, contributes to this robust market.
Recent developments include the Bath Quays project, which will create new office spaces and homes along the River Avon. This development is expected to further enhance the city’s appeal to businesses and residents alike.
How Bridging Loans Work in Bath
Bridging loans normally range from 1 to 24 months, offering the flexibility needed in this dynamic market. Loan amounts can span from £100,000 to several million pounds, accommodating various property types from residential to commercial.
We offer competitive loan-to-value ratios, with most loans ranging from 65% to 80% LTV. In certain cases, we can extend to 90% LTV, depending on the specific circumstances and strength of the exit strategy.
Eligible properties include residential homes, commercial buildings, and mixed-use properties. We consider various exit strategies, such as property sale, refinancing to a traditional mortgage, or completion of a development project.
Benefits of Using Us
Extensive Lender Network: Our connections with over 200 lenders, including private banks and individual investors, ensure we secure the best terms for your Bath property transaction.
Local Market Insight: Our in-depth knowledge of Bath’s property market allows us to structure loans that align with local trends and opportunities.
Rapid Approval Process: We recognise the fast-paced nature of Bath’s property market and can often secure loan approval within days.
Case Study
A client approached us needing to swiftly secure a stunning Georgian townhouse in Bath’s prestigious Royal Crescent.
The property was highly sought-after, and the seller required a fast completion. We arranged a £1.2 million bridging loan within five days, allowing our client to acquire the property ahead of other interested parties. The client later refinanced to a traditional mortgage, utilising the bridging loan’s flexibility to their advantage in Bath’s competitive market.
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.
