Short Term

Short-term finance can be used in a wide number of circumstances from traditional chain-break bridging, to urgent purchases such as auction transactions or to purchase or refinance properties that are unsuitable for mainstream funding.

These could be properties in need of renovation, properties that require planning approval or vacant properties awaiting new tenancies. Lending is available up to 75% loan-to-value but like so many of our transactions, the full details are assessed on a case by case basis.

Case study


Our client was let down by their existing lender at the last minute after they had committed to fund the purchase of a development site that the clients had been working for nearly three years. They had secured the site by way of an option and had put together a full planning approval, but were in danger of losing close to £500,000 in fees and investments if they were unable to complete on the option purchase.

Funding Requirement: we had been approached with only four days remaining to execute the option agreement, so the clients needed us to deliver an emergency facility to complete the purchase.

Facility Provided: we met with the lender and the valuer on site the day after the enquiry for their due diligence to be accelerated. The facility was provided on competitive terms, but more importantly delivered within the notice to complete period.

Case study

chain break

Our client had placed their home on the market, accepted an offer and began to look for their new home in their preferred school zone. They made an offer, which was accepted, but were then gazumped. They found another house, had their offer accepted, but then lost their buyer. In the meantime the original home had come back to market (the gazumpers had been unable to arrange finance) and the clients made a new lower offer with the condition that they would exchange in a maximum of 15 working days.

Funding Requirement: the only way this could be facilitated was to arrange a chain break bridge so the clients could exchange on their new purchase. The loan would then allow the clients time to sell their current house and repay the bridge.

Facility Provided: we were able to structure a facility at 65% of the value of the current home to repay the existing mortgage and the additional funds for the deposit. The same lender was then able to lend 70% of the value of the new purchase to allow for the completion with no minimum loan term of tie-ins so that repayment could take place as soon as the clients sold their existing residence.

Case study

unsuitable property

An existing client was an active buy-to-let investor, but had identified a property with a great deal of potential, overlooking the fact that it did not have a usable kitchen or bathroom.

Funding Requirement: the client wanted a mortgage that would allow them to purchase the property, to put in a new kitchen and bathroom and keep the property as a long-term investment.

Facility Provided: we organised a facility that covered 70% of the purchase price for three months to allow the work to be completed and then the facility was switched to a long-term product at lower interest rates with the same lender to ensure that the client did not have to pay any additional fees.

Development Finance

Investment Finance

Short Term Finance