At Word On The Street, we offer bridging loans that can be used to cover a gap in funding until a longer-term solution is available. It can be used by individuals or businesses.
Unlike mortgages, bridging loans can be arranged quickly.
Speak to one of our bridging finance experts today to see
how we can help with your short term finance needs.
Bridging finance is short-term, fast-access funding designed to bridge the gap between a purchase and a longer-term solution—ideal for time-sensitive opportunities or complex property deals. Whether you’re buying at auction, refinancing after development, or unlocking capital mid-project, bridging gives you the flexibility to move quickly and strategically.
How it’s used
- Purchases – Complete within tight deadlines with funds lined up in advance.
- Conversion & Refurbishment Projects – Fund heavy refurbs or change-of-use properties that don’t qualify for standard mortgages.
- Finish & Exit / Development Exit – Release capital from completed or nearly-complete schemes while awaiting sale or long-term finance.
- Chain Breaks & Cashflow Support – Secure short-term liquidity when timing or circumstances are against you.
Winners of the Business Moneyfacts Bridging Finance Introducer of the Year 2024/5
In many cases, how one presents a bridging case can make or break the deal. When we meet a new client, their immediate requirement is the last thing we ask about. We invest in the bigger picture and how we can work together to achieve that over time. In bridging, this is particularly important as the price of the facility needs to make sense in the grand scheme of the opportunity the client has in front of them.
By getting to know the borrower, we are equipped to propose the right lender based on a number of factors–pricing and LTV sometimes being the least important.
The bridging provider landscape has become vast and no two lenders are built the same. Knowing who to partner with extends far beyond a sub 1% headline rate and the ‘promise’ of speed; a lender’s treatment of interest, extensions, default fees, and how well they communicate must factor into the borrower’s decision.
Certainty of funds and decision making is also critical. So often, bridging is required for its speed, and knowing which lenders can deliver confidently, can really make the difference between a borrower making that acquisition or losing their deposit.
Bridge finance is an interim financing option used by companies and other entities to solidify their short-term position until a long-term financing option can be arranged. There are four types of bridge loans, namely: open bridging loan, closed bridging loan, first charge bridging loan, and second charge bridging loan.
A first charge bridging loan gives the lender a first charge over the property. If there is a default, the first charge bridge loan lender will receive its money first.
For a second charge bridging loan, the lender takes the second charge after the existing first charge lender. These loans are only for a small period.