We often get asked whether merely having sufficient equity in a property is enough to secure a bridging loan. The answer is that the situation is more nuanced and depends on several factors. Having ample equity is important, but lenders also consider other aspects such as the property’s valuation and the loan-to-value ratio.

Additionally, it is crucial for clients to have a well-defined and affordable exit strategy. This plan outlines how they intend to repay the bridging loan, whether through property sale, refinancing, or other financial arrangements. A clear exit strategy demonstrates to lenders that the borrower has a viable plan in place, reducing perceived risk.

As part of our comprehensive assessment process, we conduct a detailed review of all financial aspects of the application. This includes analysing the value and condition of the property or properties offered as security, as well as verifying the borrower’s identity.

Furthermore, we adhere to a strict compliance process to ensure that every application complies with all relevant financial regulations and industry standards. This not only safeguards the client but also ensures that the lending process is transparent and secure.