Bridging Loans For The PRS 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)
As a result of tightening restrictions from mainstream banks and other financial institutions, many landlords are driving an increasing demand for bridging loans. Bridging loans for the PRS offer a fast-turnaround and an efficient financial solution for use by landlords looking to quickly secure an investment in an increasingly competitive market.
Through Tiger Bridging you can access an exclusive panel of lenders who offer tailored bridging loans based on individual project requirements and buyer profiles. With no set criteria and as long as the deal makes sense and adverse credit history won’t be a deciding factor in loan acceptance. Bridging loans for the PRS offer a flexible solution for existing landlords, and PRS developers.
There are numerous purposes for a bridging loan:
- Renovating an existing property
- Expansion of an existing property
- Development of a PRS property
- Conversion of an existing property into a PRS property
Commercial Loans 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.
GET A QUOTE
The first stage is a call or an online application using the form below.
Call us: 0207 965 7261 Email: hello@tigerbridging.co.uk
Bridging Loans Within The Private Rented Sector
Exclusively source flexible and bespoke bridging loans with Tiger Bridging. As a specialist broker, with experience working amongst the ever-changing financial landscape, we can source and structure efficient solutions to directly match each project.
Access market leading rates, from 0.45%, via our panel of lenders which include hedge funds and high net-worth investors. At Tiger Bridging, we can provide short-term solutions with a bespoke approach. We take the time to get to know each of our client’s individual projects, in order to ensure all bridging loans for the PRS are directly suited to each client.
Our exclusive lenders have a strong appetite to lend as long as a solid exit strategy is in place and the deal makes sense. Apply for bridging loans for the PRS with Tiger Bridging today.
