Global Reach Finance has a wealth of experience in arranging Bridging Finance for clients and has close relationships with several bridging companies which enables us to get the best terms for you on any given property or land based transaction

• Fast - we have completed bridging finance deals from enquiry to completion in 24 hours (typical timescale 5 working days)

• Non Status - a number of our lenders require no credit checks or references from borrowers

• 100% + of purchase price - we can arrange bridging finance which covers all the purchase costs plus some additional funds if required, providing the deal does not exceed the lenders maximum loan to value

• Rolled up interest - the interest costs can be rolled up into the borrowing

• Simple Application Process - most of our lenders just have a one or two page application form to complete

• No Minimum Term for bridging finance

• Anywhere on the UK mainland or Northern Ireland

• No tie ins

• No redemption penalties

Minimum Loan Amount £30k
Maximum Loan Amount £10m+
Loan to values and interest rates vary according to the transaction criteria. Interest rates start from 1% per month and the maximum loan to value we can offer is 90% (for closed bridges).

We can offer two types of bridging Open Bridging and Closed Bridging:

• Open Bridging finance is when there is no fixed exit strategy in place.

• Closed Bridging finance is when there is a contractual exit strategy such as a mortgage offer or exchanged onward sale, this can allow higher loan to value sales.

Property Purchase

There are a number of possible reasons why bridging finance would be used to purchase a property.

• Auction Properties - Bridging finance is faster than mortgaging to complete within timescales

• Distressed sale - Time is of the essence

• To raise fast funds for another use i.e. business deal

• Unlock negotiated discounts

• Bridging finance for purchasing 1 property while waiting for the sale of another

• Purchasing un-mortgageable properties

• Purchasing overseas property

With a strong relationship with several bridging finance companies and contacts within many more, we are able to offer advice and support in making sure you secure the right deal for you, in terms of speed, interest rates and loan to value.

Rates from 1% per month.
Maximum LTV 80%.
For higher loan to values see closed bridging

Bridging Finance on Land

Land is often far more difficult to finance than property, Global Reach Finance has experience in arranging bridging loans for land purchase, whether it is for planning gain or while awaiting development finance.

Here are some of the reasons clients approach us to secure land on bridging finance.

• Discounted Purchase

• Fast Purchase

• Higher LTV than banks

• Planning Gain

• Flips

• No redemption penalties

Up to 70% Loan to Value - land only
Up to 80% Loan to Value - land with planning permission