BRIDGE-TO-LET MORTGAGE LOANS

CRYSTAL BRIDGING LOANS

Crystal Bridging Loans specialises in bridging finance for buy-to-let property. Also known as a bridge-to-let mortgage, we provide fast and flexible short-term loans for landlords, developers and investors looking to purchase property with the intention to rent it out but currently lack the funds to complete the transaction.

Why Choose Us?

Bridge-to-let mortgage Loans - Key Benefits

  • Fast to Arrange
 

Bridge-to-let loans are faster to arrange than conventional mortgages, so they are ideal if you need large amounts of money quickly, such as purchasing buy-to-let property at auction. They are perfect for the competitive buy-to-let market, where you often need to act quickly to secure the property, but may not have long-term funding in place.

  • Secure Against Property in Poor Condition
 

Bridging finance can be secured against a property that traditional buy-to-let mortgage providers deem unsuitable, such as uninhabitable buildings, those in poor condition, non-standard construction, and properties in need of refurbishment. For this reason, bridging finance is often used to purchase unmortgageable property, renovate it so that it is fit for letting, and then rent it out using a buy-to-let mortgage.

Buy-To-Let Bridging Loans - Highlights

  • LTV up to 80%
  • Interest roll-up available
  • Terms from 1 – 36 months
  • Loans from £10,000 (no maximum)
  • All circumstances considered
  • Residential or commercial buy-to-let property
  • Nil exit fee
  • No broker fee
  • Competitive rates
  • First, second or third charge
  • Re-bridging available

Buying-To-Let Exit Route

You will need an exit route to plan how you are going to repay the bridging loan. You will need to transfer the short-term loan to a long-term financing solution. The most common exit route for a bridge-to-let loan is to refinance the property to a buy-to-let mortgage and rent the property out, with the rental income covering the full repayment of the loan.

How can we help?

CONTACT US TODAY TO GET ADVICE OR FOR A FREE QUOTE FROM OUR EXPERT BRIDGING ADVISORS.

Bridge-to-let FAQ

A bridge-to-let is a loan that needs an exit route due to it’s short term nature. Bridge-to-let loans are designed for people who could not otherwise afford the property with a standard mortgage.

Interest rates vary, this relies on; the total length for which the loan will be required for & the total amount borrowed.

Yes you do, but we can help you with this. The exit strategy is put in place to ensure you can make the repayments for your original buy-to-let bridging loan.

Instant Bridging Loan Calculator

With our free mortgage payment calculator, you can find out the interest payments on what you need to borrow in seconds. Simply tell us how much you want to borrow, how long you need the loan to last, and the loan amount in relation to the value of property or security (loan to value (LTV).

Please note: the maximum loan, loan-to-value, term and rate actually offered will depend on the product selected, the property, and your individual circumstances. As a specialist mortgage broker, the rates our lending panel typically offer are higher than from high streets banks, so you may be advised to shop around before completing an application with us.

Loans By Purpose

100% Bridging Loan

100% bridging loans that cover the full value of the property you wish to purchase.

Buying To
Let

Also known as a bridge-to-let mortgage, fast and flexible bridging loans for buy-to-let property.

Bridging loans that help buy a new property before selling your existing home to bridge the gap between purchases.

Buying To
Renovate

Refurbishment bridging loans for investors, developers, and landlords that cover the cost of property renovations.

Building A Property

Finance your next property development or building project with our short-term bridging loans.

Capital
Raise

Raise essential working capital for your business at short notice with our short-term, flexible bridging loans.

Property
Auction

Bridging loans with quick completion times so you can complete auction property purchases faster.

Purchasing
Land

Bridging loans to purchase or refinance residential or commercial land quickly and efficiently.

Get In Touch

CALL US TODAY on 0203 940 8544 TO GET ADVICE AND A FREE TAILORED QUOTE.