Bridging loans for care homes in the UK
At Tiger Bridging, you can take comfort knowing you’re talking to a whole of market specialist broker, with over a decade in the market. With access to lenders who cover the whole of the UK, very fast turnaround, flexible terms and market-leading rates, Tiger Bridging can make your project fly and help you secure your property investment, even when other lenders say no!
We offer a truly bespoke service, with access to market-leading rates and the fastest turnarounds in the business
No credit check or bank statements
1st, 2nd and 3rd charge loans available
Emergency funding available within 48 hours
No monthly payments
No proof of income
Interest deducted from loan
Market-leading rates from 0.75%
100% available with additional security
Loans based on Market Value
Terms from 1-36 months
Loans from £100k to £50m
Discharged bankrupts welcome
No faster loans in the UK
England, Scotland and Wales
No set criteria
Loans to individuals, LLP’s or limited companies
Buying under value from an LPA Receiver
Buying at auction
Development and refurbishment
Developing an uninhabitable property
Purchasing before planning permission
Borrowing against value not purchase price
Unexpected tax liability
You need a loan based on the value
When conventional credit is refused
You need working capital
You want no monthly payments
When you need finance fast
Hotels and Pubs
Multiple occupation (such as HMOs)
Offshore special purpose vehicles (SPV)
With 18% of the UK population aged 65 or over, the care sector is becoming an attractive market for investors, and as a result, there has been significant uplift in value. Purchasing, refinancing or renovating a care home is likely to require funds which can be obtained quickly.
As a result, investors are looking for alternatives to the conservative loans offered by mainstream banks. Using our whole of market network of lenders, and exclusive stable of investors, Tiger Bridging can help you can apply for bridging loans for care homes which are tailored to your individual requirements.
Speed is essential in short term finance, and in some circumstances, funds can be available within 48-72 hours, depending on documentation and legal requirements.
Bridging loans for care homes can be required for numerous reasons:
- Purchasing an investment property
- Property refurbishment
- Property development
- Equity release
- Cashflow finance
- Installation/upgrade of equipment
Commercial Bridging Loan Case Studies
A business owner required £900,000 to take advantage of a timely business opportunity. The capital funds were required asap, so the entrepreneur could close the deal. Our client owned an investment property in a prime part of Central London valued at £2.5m, with an existing mortgage of £500,000. Due to issues with his credit file in 2011 in the economic crunch, he was unable to secure mainstream buy to let funding to release the capital he required. A second charge loan was arranged for 65% LTV, including interest and fees. The client was then able to secure funding for the new business venture; with the new business able to secure refinance to take out the original second charge bridging loan.
A developer approached us to discuss a residential refurbishment property valued at £550,000. The client was unable to secure a mortgage, due to the property requiring significant work for it to become habitable, and therefore unable to attract a mainstream mortgage. Within a two week period, we provided a 70% LTV facility for 4 months, with the interest and majority of fee payments rolled up into the loan. This allowed the client to purchase the property and carry out the works; and in doing so, increasing the value of the completed project. The developer then exited the bridging loan facility by refinancing the property on a normal commercial buy to let mortgage.
The client wanted to purchase a mixed use property for £1.2m, comprising ground floor shop frontage, and a tired collection of residential units, that had fallen into disrepair. The borrower was unable to get mainstream finance to complete the purchase or conduct the refurbishment works. Through a first charge 65% LTV bridging finance facility with us, the developer was able to complete the purchase, and convert the project into 9 individual apartments over a 6 month term.
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The first stage is a call or an online application using the form below.
Call us: 0207 965 7261 Email: email@example.com
Fast Bridging Loans For Your Care Home Development
As a specialist broker, we are able to provide access to an exclusive panel of lenders, including hedge funds, office funds, and high net-worth individuals. Bridging loans for care homes are also accessible to those with adverse credit history, CCJ’s, or discharged bankruptcy, as buyer profile and individual project requirements are also taken into consideration.
Minimum loan size starts at £100k, with a flexible upper loan limit which is dependent on scheme and principals involved. At Tiger Bridging, we can access exclusively sourced, bespoke bridging loans suited to your requirements. Loan terms range from 1 to 24 months.
Apply for a care home bridging loan through Tiger Bridging today.