Bridging Finance Merseyside
Bridging Finance for Merseyside Customers with Edgehill Property Finance
Edgehill Property Finance, a financial specialist based in Wirral, offers tailored bridging loan solutions for Merseyside-based customers, enabling individuals and businesses to capitalise on time-sensitive opportunities in the Merseyside property market. With a deep understanding of the local property market, Edgehill provides fast, flexible, and competitive financing options to support property purchases, refurbishments, and development projects. Whether you’re a property developer, investor, or business owner, Edgehill Property Finance can help you secure the funds needed to achieve your goals without delays.
Bridging loans from £26K to £25m+
Monthly interest rates from 0.39% pm (lowest in the market)
Terms from 1 to 36+ months
LTVs up to 85% +
Interest payment options: rolled, serviced and retained
The Benefits of Bridging Finance
Bridging loans offer a range of advantages for Merseyside customers looking to navigate property transactions or business growth opportunities.
Speed of Funding
Bridging loans provide rapid access to capital, often with decisions made within 48 hours and funds available in as little as a few days, ideal for time-sensitive deals like auction purchases.
Flexibility
These loans can be used for various purposes, including property purchases, renovations, development projects, or resolving cash flow gaps, with terms tailored to individual needs.
Short-Term Solution
Typically ranging from 1 to 36 months, bridging loans are designed to “bridge” the gap until long-term financing or asset sales are secured, avoiding long-term commitments.
Support for Diverse Projects
Suitable for residential, commercial, or mixed-use properties, bridging loans cater to both small-scale refurbishments and large-scale developments, they are also ideal for HMO or Buy-to-let investments.
No Planning Permission Required
Edgehill can provide loans for projects even before planning permission is approved, based on the property’s value, size, and location, enabling early project starts.
Competitive Rates
Edgehill offers some of the lowest rates in the market, starting at 0.39% per month, making bridging loans a cost-effective option for short-term financing.
Bad Credit Consideration
Credit checks are conducted, but eligibility is primarily based on the property’s value and exit strategy, allowing those with adverse credit to access funding.
Bridging Finance Merseyside
Why Businesses Should Work with Edgehill Property Finance
Merseyside is rapidly expanding with developers catering to growing needs of the city. Whether it’s an HMO, student flats or a BTL property a bridging loan can help you achieve your investment goals.
Local Expertise
With a focus on the Merseyside property markets, Edgehill understands the unique dynamics of the area, including high-demand neighbourhoods like the Baltic Triangle, Waterfront, and Georgian Quarter. This local knowledge ensures tailored solutions that align with market opportunities.
Tailored Loan Structures
Edgehill Property Finance works closely with clients to tailor loan amounts, terms (1 to 36+ months), and repayment plans to match specific project requirements, whether for equipment purchases, premises expansion, or property development.
Rapid Decision-Making
Recognising the urgency of development projects, Edgehill provides decisions within 48 hours, preventing delays that could delay time-sensitive investments like auction purchases or construction timelines.
Unrivalled Service
Edgehill prides itself on exceptional customer service, offering personalised support throughout the loan process, from application to repayment, ensuring a seamless experience.
Competitive Pricing
With monthly interest rates as low as 0.39%, Edgehill provides cost-effective financing, helping businesses maximise returns on their development projects.
Support for All Skill Levels
Whether you’re a first-time investor or an experienced developer, Edgehill’s bridging loans are designed to support projects of varying scales, from refurbishments to ground-up developments.
Funds Without Planning Permission
For businesses eyeing undeveloped land or properties, Edgehill’s ability to fund projects prior to planning approval allows developers to act swiftly and capitalise on unique opportunities when they arise.
Comprehensive Network
Edgehill’s established relationships with local agents, surveyors, and legal professionals in Merseyside streamlines the loan process, ensuring efficiency and reliability.
On Going Support & Advice
Edgehill Property Finance is your investment partner. We will offer you continued ongoing support and advice to ensure you can meet all of your investment goals. We have a range of finance options including commercial & development finance.
Financial Solutions For Your next Investment
Bridging Finance Merseyside
Bridging Finance FAQ
What is bridging finance?
A bridging loan is a short-term financing solution designed to “bridge” the gap between immediate funding needs and long-term financial arrangements. It provides quick access to capital, typically for property purchases, refurbishments, or development projects, and is repaid within a short period, usually 1 to 36 months.
Who can apply for a bridging loan?
Individuals, property investors, developers, and businesses can apply for bridging loans. Eligibility is primarily based on the value of the property or asset used as security and a viable exit strategy (e.g., property sale or refinancing). Edgehill Property Finance considers applicants with adverse credit, focusing on the project’s merits.
What can bridging loans be used for?
Bridging loans are versatile and can be used for various purposes, including:
- Purchasing residential, commercial, or mixed-use properties
- Funding property refurbishments or conversions
- Financing development projects, including ground-up builds
- Covering auction property purchases with tight deadlines
- Resolving short-term cash flow gaps for businesses
- Acquiring land or properties without planning permission
How quickly can I get a bridging loan?
Edgehill Property Finance offers rapid processing, with decisions typically made within 48 hours and funds available in as little as a few days, depending on the complexity of the application and due diligence requirements.
What are the interest rates for bridging loans?
Interest rates for bridging loans vary based on the loan amount, term, and risk profile. Edgehill Property Finance offers competitive rates starting at 0.39% per month, ensuring cost-effective financing for short-term needs.
What are the interest rates for bridging loans?
Interest rates for bridging loans vary based on the loan amount, term, and risk profile. Edgehill Property Finance offers competitive rates starting at 0.39% per month, ensuring cost-effective financing for short-term needs.
Do I need planning permission to secure a bridging loan?
No, planning permission is not always required. Edgehill Property Finance can provide loans based on the property’s current value, size, and location, making it possible to fund projects before planning permission is approved, which is ideal for developers looking to act quickly.
Can I get a bridging loan with bad credit?
Yes, Edgehill Property Finance considers applicants with adverse credit. While credit checks are conducted, the primary focus is on the value of the property or asset and the exit strategy, making bridging loans accessible to those with less-than-perfect credit histories.
How long are bridging loan terms?
Bridging loans typically have terms ranging from 1 to 36 months, though Edgehill Property Finance can tailor terms to suit specific project needs, including extensions beyond 36 months if required.
What is an exit strategy, and why is it important?
An exit strategy is a plan to repay the bridging loan, such as selling the property, refinancing with a long-term mortgage, or using other funds. Edgehill requires a clear exit strategy to ensure the loan is repaid, reducing risk for both the lender and borrower.
Are there any fees associated with bridging loans?
Yes, bridging loans may include fees such as arrangement fees, valuation fees, legal fees, and exit fees. Edgehill Property Finance ensures transparency by outlining all costs upfront during the application process.
What types of properties can be used as security?
Bridging loans can be secured against various property types, including residential homes, commercial buildings, mixed-use properties, and land. Edgehill Property Finance accepts a wide range of assets, provided they have sufficient value to support the loan.
How do I apply for a bridging loan with Edgehill Property Finance?
To apply, contact our team directly to discuss your project. You’ll need to provide details about the property, loan amount, purpose, and exit strategy. Edgehill’s team will guide you through the application, valuation, and approval process.
Can bridging loans be used for business purposes?
Yes, businesses can use bridging loans for various needs, such as purchasing commercial premises, funding renovations, or covering cash flow gaps. Edgehill Property Finance tailor’s loans to support business growth and development projects in Liverpool.
What happens if I can’t repay the bridging loan on time?
If repayment is delayed, Edgehill Property Finance will work with you to explore options, such as extending the loan term or adjusting the exit strategy. However, failure to repay could result in additional fees or the sale of the secured property, so it’s critical to have a robust exit strategy.