Bridging Loans For HMO’s

BESPOKE - CREATIVE - FLEXIBILE
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Bridging Loans for HMO's in the UK

At Tiger Bridging, you can be sure to talk to decision makers, with over a decade in the market. With access to funds covering 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 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

Residential property
Commercial property
Semi-commercial property
Hotels and Pubs

Developments
Factories
Nursing/care homes
Multiple occupation (such as HMOs)

Agricultural property
Land
Farms
Offshore special purpose vehicles (SPV)

Obtain a bridging loan from an exclusive panel of lenders with Tiger Bridging. Bridging loans for HMO’s can be obtained for numerous purposes, including:

Purchase of an existing house in multiple occupation

  • Renovation of a currently owned HMO
  • Construction of a HMO
  • Conversion of an existing property into a HMO

HMOs are a popular choice for tenants and landlords and as such, investment opportunities are continuing to develop. This has led to an increased demand for flexible and fast financial solutions which are easily obtained, as an alternative to the increasingly restricted loans offered by mainstream banks.

Commercial Bridging Loan Case Studies

commercial-bridging-finance

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.

CAPITAL FOR BUSINESS PURCHASE
bridging finance bristol

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.

AN UNINHABITABLE PROPERTY IN BRISTOL
commercial bridging loans london

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.

MIXED USE PROPERTY INVESTMENT

The first stage is a call or an online application using the form below.

Call us: 0207 965 7261  Email: hello@tigerbridging.co.uk

Finishing Your HMO

At Tiger Bridging, we can provide access to market leading rates from 0.45%. As a specialist broker, we can provide bridging loans for HMO’s exclusively sourced from our reliable hedge funds, family offices and high net worth investors.

All bridging loans for HMO’s are bespoke dependent on individual project requirements, and most lenders will base the loan amount on vacant possession value. When it comes to bridging loan finance, speed is a necessity, and in most cases, funds can be available within 2-3 weeks. In some circumstances however, funds may be obtained within 48-72 hours.

With no monthly payments, bridging loans for HMO’s can ensure your residential property development is funded even when other lenders say no.

Loan terms range from 1 to 24 months. Upper loan limit is flexible depending on project requirements, buyer profile, security and principals involved. Our panel of lenders have a strong appetite to lend, as long as the project boasts a viable exit strategy, and the deal makes sense.

Apply for bridging loans for HMO’s with Tiger Bridging today.