Are you looking to seize a property opportunity in Greenwich but facing a financial gap?
Bridging Finance London specialises in providing rapid, flexible bridging loans tailored to the unique Greenwich SE10 property market. Whether you’re eyeing a Georgian townhouse near Greenwich Park or a modern apartment with views of the Thames, we’re here to help you secure your desired property.
Bridging loans are short-term financing options designed to provide quick funds between a property purchase and a long-term funding solution. They’re ideal for various scenarios, from buying at auction to completing a chain-break purchase. In Greenwich, where the South London property market moves quickly, bridging loans can give you the edge you need to act fast.
We understand the Greenwich market thoroughly.
We offer loans up to 80% LTV, and in some circumstances, we can extend to 90% LTV. Our extensive network of over 250 lenders, including private banks and individual lenders, allows us to find the right solution for your unique situation.
The Greenwich property market is as diverse as its history, from period properties in the World Heritage Site to sleek new builds along the river. This variety creates unique opportunities – and challenges – for property investors and homeowners alike. Our London bridging loans can help you move forward with confidence in this dynamic market.
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 Greenwich
Greenwich’s property landscape offers a wealth of opportunities, and we provide bridging loans to match:
1. Residential Bridging Loans: Ideal for homeowners looking to break a property chain or upgrade to a larger family home in areas like Blackheath or Eltham.
2. Buy-to-Let Bridging Loans: Suited for investors targeting the strong rental market near the University of Greenwich or the O2 Arena.
3. Commercial Bridging Loans: Appropriate for businesses looking to acquire or refurbish commercial premises in busy areas like Greenwich High Road or Trafalgar Road.
4. Auction Finance: Quick loans for those bidding on properties at auction, common in Greenwich due to its mix of period and modern properties.
5. Refurbishment Bridging Loans: For investors planning to renovate Greenwich’s characteristic period properties before selling or letting.
Each loan type can be customised to your specific needs and the unique aspects of your Greenwich property project.
Greenwich Property Market Overview
Greenwich’s property market continues to attract investors and homeowners alike, thanks to its rich history, excellent transport links, and diverse property types. Recent data shows:
– The average property price in Greenwich stands at £540,000 as of 2023, a 2% increase from the previous year.
– Flats in Greenwich sold for an average of £430,000 and terraced houses for £650,000.
– The rental market remains robust, with average rents around £1,800 per month.
A notable ongoing development is the regeneration of Greenwich Peninsula, set to create thousands of new homes and jobs over the coming years. This continued development is likely to sustain demand for property in the area, making it an attractive prospect for investors using bridging finance.
Benefits of Using Us
1. Local Expertise: Our deep understanding of Greenwich’s property market allows us to structure loans that align with local opportunities and challenges.
2. Speed: We can provide funding in as little as three days, essential in Greenwich’s competitive market.
3. Flexibility: Our loans can be used for various purposes, from acquiring a listed building in Greenwich Town Centre to developing new apartments in nearby Charlton.
4. High Loan-to-Value Ratios: We offer up to 80% LTV, and sometimes 90%, higher than many standard lenders.
5. Extensive Lender Network: With access to over 250 lenders, we can find competitive rates and terms for your Greenwich project.
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.
