Bridging loans by Acorn.finance

FUNDED - on time

Funding to meet your property plan – for now & for your future.​

Here for your property journey

From development finance and refurbishment loans to buy to let mortgages and commercial property investment loans, your Acorn.finance advisor has a huge range of lenders and products available for you to develop your portfolio and grow your property income.

A bridging loan (or just a “bridge”) is a short term  property finance product designed to “bridge a gap” between two definable points.

Through Acorn.finance you’ll access our market leading panel of bridging lenders and we’ll compare the best to get you the perfect terms for your needs. 

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Using a bridging loan for your auction finance requirement will ensure the funding is available, within your deadlines.

Buying at auction is very different to a standard property purchase,  completion is often required within 28 days, so your finance and conveyancing need to be in order within days of the auction.

We work with proven lenders who are ready to move to get your auction finance approved and drawn down.

Your property strategy will define the lender and product we use, but our market leading panel will provide the best funding for your current situation and your long term property finance needs.

When the chain on your property transaction grinds to a halt there can seem to be no way out, and it could lead to a lost opportunity at worst.

Although there is a cost to a bridge, this can break the deadlock of the chain and get things moving.

Holiday let mortgage advice is vital to get the best product for your first investment or growing your portfolio.

Property purchased below it’s market value (BMV) can be funded at up to it’s assessed value.

This is a specialised area and advice should be taken before committing to a purchase.

Auctions do not count as under value purchases, just good value! 

Speak to your Acorn.finance expert about your bridging loan options.

Once the domain of corporate investors more buy-to-let property investors are looking to commercial property to boost thier yields and provide more long term stability (without the tax-grabs!) 

Working with Acorn.finance gives you full access to our market leading panel of commercial lenders and our award winning knowledge and experience with commercial investment mortgages.

If your business or property portfolio needs a quick cash injection, then a bridging loan could be the ideal solution.

Arranged in as little as a few days, so long as the exit plan is sound funding can be for any purpose (as long as it’s legal!)

So contact us now to find out your bridging finance options.

Whatever your plan and your experience access to the market leading lending panel from Acorn.finance will get your project off the ground and finished.

A rolling credit agreement (like an overdraft) based on your existing porfolio a revolving credit facility gives you access to instant funds to grow your portfolio.

As well as being a leading broker for business and property, since 2018 Acorn.mortgage is able to arrange a bridging loan for your home purchase, great for downsizing, moving into an area of high demand or buying a property which needs refurbishing.   

Contact us for more details.

 

Repaying your bridging loan - The exit.

The most important part of your bridging loan is the plan for the exit.  It can be refinance or sale, find out about bridging exit routes below;

One option to repay your bridging loan is to sell the asset. Known as a flip it’s common to purchase a property, add value by refurbishing, extending or simply redecorating and presenting the property for a better sale price.

Before we start it’s worth getting evidence for the potential sale value 

To retain the property as part of your investment portfolio you’ll want to remortgage the bridging loan onto a buy to let mortgage or a commercial investment mortgage.

If the property was bought for you or your business then you’ll want to remortgage onto a residential mortgage or a commercial mortgage.

We take your exit plan seriously so will be working with you from the start of your case, to ensure your exit is there to repay your bridging finance.

 

Acorn.finance recently funded cases

What makes Acorn.finance unique?

Having more than 300 lenders on our lending panel means our key task is to keep things simple for you!

We call it F.U.N.D.E.D. 

It’s a simple 6 step process, which is unique to Acorn.finance

FUNDED means that your Acorn.finance broker will take the time to understand your funding needs today AND your future plans before we make recommendations;

It saves you time and money because by having that detailed understanding we go directly to the best sources of funding.

Useful finance links and resources