Bridging Finance London brings extensive expertise to Sevenoaks and its surrounding areas, offering bespoke bridging loan solutions.
Our deep understanding of the local property market allows us to provide quick, flexible financing options tailored to your specific needs.
Bridging loans are short-term funding solutions that fill the gap between a property purchase and a longer-term financial arrangement. Whether you’re eyeing a prime residential property in Sevenoaks’ sought-after neighbourhoods or investing in a commercial opportunity in the town centre, we can assist.
Our loans offer up to 80% loan-to-value (LTV), with the possibility of up to 90% in certain circumstances, giving you the financial leverage you need.
Sevenoaks’ property market is notable for its mix of period properties and modern developments, attracting both local buyers and commuters. This diversity creates a dynamic market where quick action can be crucial – and that’s where our bridging loans come in.
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 Sevenoaks
We offer various bridging loan options to suit different needs in Sevenoaks:
Residential Bridging Loans: These are perfect for homebuyers looking to secure a property quickly, perhaps to break a chain or purchase at auction. In Sevenoaks’ competitive market, where charming period properties often attract multiple bidders, this speed can be a significant advantage.
Commercial Bridging Loans: For investors interested in Sevenoaks’ thriving business districts, these loans provide quick capital for property acquisitions or refinancing. They’re particularly useful for properties in the town centre or business parks on the outskirts.
Auction Finance: With property auctions becoming more popular in Kent, including Sevenoaks, specialised auction bridging loans allow you to meet tight auction deadlines. They ensure you can complete the purchase within the required 28 days.
Development Exit Loans: These are designed for property developers who have completed or nearly completed their projects. They offer a way to repay the original development finance and potentially release some of the profit before the properties are sold.
Sevenoaks Property Market Overview
Sevenoaks remains one of Kent’s most desirable locations, known for its excellent schools, beautiful countryside, and convenient commute to London.
The property market here reflects this desirability, with steady demand and robust prices.
Recent data shows that the average property price in Sevenoaks stands at approximately £685,000, significantly higher than the UK average. The town has seen a year-on-year price increase of around 5%, outperforming many other areas in the South East.
Notably, Sevenoaks has seen increased demand for family homes with gardens, a trend accelerated by recent global events. The Sevenoaks District Council’s Local Plan also includes provisions for new housing developments, which could present opportunities for developers and investors.
How Bridging Loans Work in Sevenoaks
Bridging loans are short-term financing solutions, typically lasting from a few months up to 24 months.
They can be used for any property-related purpose, from purchasing a new home before selling your current one to acquiring a commercial property for your business.
The process begins with an initial enquiry, followed by a quick assessment of your needs and circumstances. We can often provide an agreement in principle within hours, with funds potentially available in as little as a week.
Loan amounts in Sevenoaks can range from £150,000 to several million pounds, depending on the property value and your circumstances. We offer loan-to-value ratios of up to 80%, with the possibility of up to 90% in certain cases.
Bridging loans can be secured against various property types in Sevenoaks, including residential homes, commercial buildings, and even land with planning permission. The key to a successful bridging loan is a clear exit strategy – typically, this would be the sale of the property or refinancing to a long-term mortgage.
Benefits of Using Us
Choosing Bridging Finance London for your Sevenoaks property financing needs comes with several key advantages:
Local Market Insight: Our team has in-depth knowledge of Sevenoaks’ property landscape, allowing us to provide advice tailored to local conditions and opportunities.
Quick and Efficient: We understand the fast-paced nature of Sevenoaks’ property market. Our streamlined processes mean we can often secure funding much faster than traditional lenders, helping you act on time-sensitive opportunities.
Adaptable Lending Criteria: Unlike many high street banks, we take a holistic view of your application. This flexibility is particularly valuable in Sevenoaks’ diverse property market, where unique properties or complex financial situations are not uncommon.
Competitive Rates: Our relationships with over 250 lenders, including private banks and specialist finance providers, allow us to secure favourable rates that you might not find elsewhere.
Personal Attention: We provide a dedicated adviser who will guide you through the entire process, ensuring a smooth experience as you navigate Sevenoaks’ property market.
Case Study
We assisted a client in securing a prime residential property in Sevenoaks’ sought-after Wildernesse Estate.
The client, a successful business owner, found their ideal home but was caught in a property chain, with the sale of their Greenwich property delayed.
We arranged a bridging loan of £1.2 million, representing 70% of the property’s value. This allowed our client to proceed with the purchase immediately, avoiding the risk of losing the property to another buyer.
The loan was set up within 10 days, a timeline that was crucial given the competitive nature of Sevenoaks’ high-end property market. The exit strategy involved the sale of the client’s London property, which completed three months later.
This case demonstrates how our bridging loans can provide the agility needed in Sevenoaks’ dynamic property market, allowing our clients to secure desirable properties without being constrained by traditional financing timelines.
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.
