Bridging Finance London brings extensive expertise to Hampshire and nearby areas, offering customised bridging loan solutions for property investors, developers, and businesses.
Our comprehensive understanding of the local market allows us to deliver quick, adaptable financing options suited to Hampshire’s unique property landscape.
Bridging loans act as short-term financing solutions, filling the gap between property purchases and long-term funding arrangements.
Whether you’re aiming to acquire a property at auction, prevent a chain break in a home purchase, or fund a commercial venture, our bridging loans can supply the capital you need, precisely when you need it.
We provide loans up to 80% loan-to-value (LTV), with the potential for up to 90% LTV in specific cases, ensuring you have access to substantial funds to achieve your property objectives in Hampshire.
Hampshire’s property market is notable for its diverse offerings, ranging from period properties in Winchester to contemporary developments in Basingstoke and seafront homes in Portsmouth.
This variety, combined with the county’s robust economic growth and excellent transport connections to London, makes Hampshire an appealing location 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 Hampshire
Open Bridging Loans: These adaptable loans are suitable for situations where the exact repayment date is unclear. They’re particularly beneficial in Hampshire’s active property market, where opportunities may surface unexpectedly. Open bridging loans allow you to act on these chances without being restricted to a fixed repayment date.
Closed Bridging Loans: For projects with a definite timeline, such as purchasing a property with an established completion date, closed bridging loans offer a structured solution. These loans are well-matched to Hampshire’s auction property market, where promptness and certainty of funds are crucial.
First Charge Bridging Loans: These loans are secured against a property without an existing mortgage, offering favourable rates. They’re sought-after among Hampshire investors purchasing outright or refinancing existing properties.
Second Charge Bridging Loans: For property owners with an existing mortgage, second charge loans provide additional borrowing capacity. This option is especially useful in Hampshire’s diverse market, where property values have experienced steady growth, allowing owners to utilise their equity.
Hampshire Property Market Overview
Hampshire’s property market continues to flourish, driven by its mix of urban centres, historic towns, and scenic countryside.
The county has witnessed consistent price growth, with an average house price of £395,000 as of 2023, marking a 5% increase from the previous year.
Winchester, the county town, remains a focal point for property investors, with its rich heritage and top-tier schools fuelling demand. Coastal areas like Southampton and Portsmouth attract both residential and commercial investors, benefiting from their maritime legacy and ongoing regeneration initiatives.
The market has also seen heightened interest in rural properties, with areas like the New Forest and Test Valley gaining favour among those seeking a balance between countryside living and urban conveniences. This trend has created new prospects for property developers and investors in Hampshire’s more rural locations.
How Bridging Loans Work
Bridging loans in Hampshire offer a swift and flexible financing solution, typically spanning from a few weeks to 18 months. These short-term loans can be used for various purposes, including property purchases, auction acquisitions, or business expansion.
The process starts with an initial consultation where we evaluate your requirements and the specifics of your project.
We can often provide an agreement in principle within hours, followed by a formal offer within days. This efficiency is particularly valuable in a competitive property market, where the ability to act quickly can be decisive in securing a desirable property.
Loan amounts range from £100,000 to several million pounds, with loan-to-value ratios of up to 80%, or even 90% in some instances.
We consider various property types, from residential homes in Southampton to commercial buildings in Basingstoke or development sites in the Hampshire countryside.
A crucial aspect of bridging finance is the exit strategy – your plan to repay the loan.
Common approaches in Hampshire include selling the property, refinancing to a long-term mortgage, or using funds from the sale of another asset. We work closely with you to ensure your exit strategy is sound and suited to Hampshire’s market conditions.
Benefits of Using Bridging Finance London
Knowledge of Hampshire’s Market: Our team possesses deep insight into Hampshire’s property landscape, from the active ports of Southampton and Portsmouth to the serene villages of the South Downs.
Swift Decision-Making: We understand the rapid nature of Hampshire’s property market. Our streamlined processes ensure you can secure funds quickly, often within days.
Adaptable Lending Criteria: Unlike traditional lenders, we take a comprehensive view of your application, considering the potential of your project within the context of Hampshire’s market.
Access to Exclusive Lenders: Our network includes over 200 lenders, including private banks and individuals, offering you unmatched access to the best rates and terms available in Hampshire.
Tailored Service: We assign a dedicated advisor who will guide you through the entire process, ensuring a smooth experience customised to your specific needs in Hampshire.
Case Study
A client approached us needing to swiftly secure a property in Winchester’s city centre. The property, a Grade II listed building, became available unexpectedly, and our client recognised its potential as a boutique hotel.
However, their current property hadn’t yet sold, creating a financial gap.
We arranged a bridging loan of £1.2 million within five working days, allowing our client to purchase the property ahead of other interested parties. The loan, at 70% LTV, was structured over a 12-month term, giving the client sufficient time to sell their existing property and secure long-term commercial finance.
The prompt action enabled by the bridging loan allowed our client to acquire a prime piece of real estate in one of Hampshire’s most desirable locations. They have since successfully converted the property into a thriving boutique hotel, contributing to Winchester’s tourism industry and preserving a piece of the city’s architectural heritage.
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.
