Bridging loans for student accommodation projects 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
Hotels and Pubs
Multiple occupation (such as HMOs)
Offshore special purpose vehicles (SPV)
Demand for investment in and development of student accommodation is continuing to rise as a result of growing student numbers in the UK. As a result of tightening lending criteria from mainstream banks and financial institutions, many developers are looking for an alternative financial solution which is both quick to obtain and flexible.
As a result of the increasing numbers of investors and developers purchasing student accommodation or ideal properties set to be renovated into student accommodation, speed is a necessity when sourcing finance.
Through Tiger Bridging, you can access an exclusive panel of lenders from high net-worth investors, office funds and hedge funds. Our exclusively sourced bridging loans for student accommodation are available in 2-3 weeks in most circumstances. In some circumstances, depending on individual projects, buyer profile and other external factors, funds can be available in just 48-72 hours. Loan terms range from 1-24 months.
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: firstname.lastname@example.org
Student Accommodation Projects helped by a bridging loan
There are a number of reasons why a student accommodation project may require a bridging loan:
- Redevelopment projects
- Conversion projects
- Initial purchase of the property at auction
- Renovation projects
The market for bridging loans for student accommodation and alternative finance solutions has changed dramatically. As a specialist broker, we can source bridging loan finance tailored directly to your individual project.
With market leading rates from 0.45% available, and no set criteria, as long as a strong exit strategy is in place and depending on criteria, Tiger Bridging can structure finance to meet your requirements. After all, our panel of lenders all have a strong appetite to lend, as long as the deal makes sense.
Apply for bridging loans for student accommodation through Tiger Bridging today.