Bridging Loans for Refurbishment Projects

Bridging loans are designed to "bridge the gap" between a present expense and a future cash flow. With this in mind, they are useful tools for landlords or homeowners who intend to refurbish or renovate their property. By providing property owners with liquidity, refurbishment bridging loans enable them to increase their property's value without requiring the cash up front.

It is important to consider the structure of the bridging loan prior to application. One important factor to consider is whether the interest is rolled-up or serviced:

Serviced Interest: The borrower will make regular payments to the lender in order to repay the interest as it is accrued.

Rolled-up Interest: The interest accrued will be retained and repaid in a lump sum payment at the end of the loan term.

While bridging loans enable borrowers quick, flexible access to finance, it is important to know when to use them. Below, we've shared the top bridging finance products available for refurbishment projects. I trust you will find this information useful.

I'd like to thank you for your support and engagement. Every click, question and enquiry helps us grow in one way or another.

Sincerely,

Jimmy Baillie

Founder & MD