Bridging Finance London specialises in arranging bridging loans across Surrey and its surrounding areas.
Our in-depth knowledge of the local market, from the verdant suburbs of Guildford to the vibrant streets of Woking, enables us to offer customised financial solutions that cater to the specific needs of Surrey’s property investors and homeowners.
Bridging loans are short-term financing options designed to fill temporary funding gaps.
They’re particularly effective in Surrey’s dynamic property market, where swift action can be the key to success.
Whether you’re aiming to secure a dream home in Reigate before finalising the sale of your current property, or you’re a developer spotting a prime opportunity in Epsom, we’re here to assist.
We provide loans up to 80% LTV, and in certain situations, we can extend to 90%.
This adaptability is especially valuable in Surrey, where property values rank among the highest in the UK outside London. The county’s proximity to the capital, top-tier schools, and picturesque countryside make it a consistent favourite for homebuyers and investors, driving both demand and prices.
Expert finance advice
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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 Surrey
In Surrey, we offer a variety of bridging loan options to meet different needs:
Residential Bridging Loans: Perfect for homeowners needing to move quickly or break a property chain. These loans are particularly useful in Surrey’s competitive residential market, where sought-after properties often attract multiple offers.
Commercial Bridging Loans: Designed for businesses looking to acquire new premises or expand existing ones. Given Surrey’s robust economy and proximity to London, commercial property is often in high demand, making rapid finance crucial.
Auction Finance: Surrey’s property auctions can be fiercely competitive. Our auction finance enables you to act decisively, securing funds within tight deadlines to complete your purchase.
Surrey Property Market Overview
Surrey’s property market continues to thrive, with strong demand across both residential and commercial sectors. As of April 2023, the average house price in Surrey stands at £549,881, significantly exceeding the UK average.
The county has witnessed several notable developments recently.
The ongoing transformation of Woking town centre, including the Victoria Square project, is drawing investors and enhancing local property values. Meanwhile, areas such as Guildford and Reigate maintain premium prices due to their excellent amenities and efficient transport links to London.
How Bridging Loans Work in Surrey
Bridging loans in Surrey typically operate over short periods, usually between 1 to 24 months. They can be used for any legal purpose, from property acquisition to business growth.
In Surrey’s competitive market, speed is often essential.
We can typically approve loans within days and release funds within 1-2 weeks, allowing you to act swiftly on opportunities. Loan amounts range from £100,000 to several million pounds, reflecting the diverse nature of Surrey’s property market.
We offer loans up to 80% LTV, or even 90% in some instances, depending on the specific circumstances. This applies to various property types, from residential homes in Weybridge to commercial units in Farnham.
When considering a bridging loan, you need to have a clear exit strategy.
This could involve the sale of another property, a long-term refinance, or the completion of a development project. We’ll collaborate with you to ensure your exit strategy is robust and achievable within Surrey’s market conditions.
Benefits of Using Us
Choosing Bridging Finance London for your Surrey property finance needs offers several key advantages:
Local Expertise: Our comprehensive understanding of Surrey’s property market allows us to offer tailored solutions that align with local conditions and opportunities.
Speed and Flexibility: We can act quickly to secure your funding, vital in Surrey’s fast-paced market where desirable properties often sell rapidly.
High Loan-to-Value Options: With loans available up to 90% LTV in some cases, we can help you maximise your purchasing power in Surrey’s high-value market.
Access to Diverse Lenders: Our network includes over 200 lenders, from mainstream banks to private individuals, ensuring we can find the right match for your unique circumstances.
Client Success Story
Recently, we assisted a client in securing a beautiful period property in Guildford’s sought-after town centre.
The client had found their ideal home but was caught in a chain, with their own property sale progressing slowly.
We arranged a £750,000 bridging loan at 70% LTV within just 10 days, enabling them to break the chain and secure the property.
The loan term was set at 6 months, providing ample time to complete the sale of their existing home. Thanks to our swift action, they avoided losing out to other bidders in Guildford’s competitive market.
By harnessing our expertise and extensive lender network, we secured favourable terms for our client, ensuring they could comfortably manage the loan until their property sale completed.
This case illustrates how bridging finance can be an effective tool in Surrey’s dynamic property market, allowing buyers to act decisively when opportunities arise.
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.
