Are you looking to invest in Soho’s thriving property market?
Perhaps you’re a business owner seeking to expand in this bustling entertainment district? Bridging Finance London specialises in providing flexible, short-term finance solutions tailored to Soho’s unique property landscape.
With our extensive network of over 200 lenders, including private banks and high-net-worth individuals, we’re perfectly positioned to secure the funding you need. Whether you’re eyeing a prime commercial space on Wardour Street or a residential property off Berwick Street Market, we can arrange bridging loans up to 80% LTV – and in some cases, even up to 90%.
Soho’s property market is known for its rapid turnover and high demand. Our bridging loans are designed to help you act quickly, with loan amounts starting from £100,000 and no upper limit. This makes us the ideal partner for high-value transactions in this sought-after London neighbourhood.
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 Soho
At Bridging Finance London, we offer a range of bridging loan options to suit the diverse needs of Soho’s property market:
Residential Bridging Loans: These are ideal for purchasing or renovating Soho’s distinctive period properties or modern apartments. They can help you secure a property quickly, even in a chain-break situation.
Commercial Bridging Loans: These loans are perfect for acquiring or refurbishing Soho’s numerous commercial spaces, from trendy offices to iconic entertainment venues. They provide the quick capital needed to secure prime locations in this competitive market.
Development Bridging Loans: We tailor these for property developers looking to capitalise on Soho’s ongoing regeneration projects. They can fund both ground-up developments and major renovations, helping you maximise returns in this high-value area.
Auction Finance: With Soho properties often fetching premium prices at auction, our fast-turnaround auction finance ensures you don’t miss out on lucrative opportunities.
Soho Property Market Overview
Soho’s property market continues to be one of London’s most dynamic and sought-after. Known for its eclectic mix of residential, commercial, and entertainment properties, Soho offers unique investment opportunities.
Recent trends show a growing demand for mixed-use properties, reflecting Soho’s vibrant, 24-hour economy. The area’s ongoing transformation, including projects like the Soho Place development, is attracting both domestic and international investors.
Despite economic uncertainties, Soho’s property values have shown resilience, with prime locations commanding premium prices. The area’s enduring appeal to creative industries and its status as a tourist hotspot contribute to its robust rental market.
How Bridging Loans Work in Soho
Bridging loans in Soho typically span 1 to 24 months, providing the flexibility needed in this fast-paced market. You can use them for any property-related purpose, from acquiring a new site to refurbishing an existing building.
In London’s competitive market, speed is often essential. We can usually provide a decision in principle within hours and complete the entire process in a matter of days, allowing you to move swiftly when opportunities arise.
We base loan amounts on the property’s value, with LTVs typically up to 80%, and potentially higher in some cases. We can secure funding against various property types, from historical buildings to modern developments, reflecting Soho’s diverse real estate landscape.
When considering a bridging loan, it’s essential to have a clear exit strategy. This often involves selling the property after renovation or refinancing to a long-term mortgage. Our team can guide you through the process, ensuring you choose the most suitable option for your circumstances.
Benefits of Using Bridging Finance London
Choosing Bridging Finance London for your Soho property venture offers several key advantages:
1. Market Expertise: Our team’s deep understanding of Soho’s unique property market ensures we can structure the most appropriate financing solution for your project.
2. Extensive Lender Network: With access to over 200 lenders, we can secure competitive rates and terms, even for complex or high-value Soho properties.
3. Quick Processing: In Soho’s fast-moving market, our ability to arrange finance quickly can be the difference between securing or missing out on a prime opportunity.
4. Flexible Lending Criteria: We work with lenders who understand the nuances of Soho’s property market, allowing for more adaptable terms than traditional high street banks.
5. Comprehensive Approach: Beyond just arranging your loan, we offer insights into Soho’s property trends and potential investment hotspots, adding value to your project.
Case Study: Soho Theatre Expansion
We assisted a client in securing a £2.5 million bridging loan to acquire additional space for the expansion of a well-known Soho theatre. The client needed to act quickly to secure the adjacent property but faced delays in selling another asset.
We arranged a 12-month bridging loan at 70% LTV, allowing the client to complete the purchase within three weeks. We structured the loan with rolled-up interest to minimise ongoing costs during the expansion project.
Our client successfully expanded the theatre, significantly increasing its capacity and revenue potential. The client repaid the bridging loan ahead of schedule, demonstrating the flexibility and effectiveness of bridging finance in Soho’s competitive commercial property 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.
