Short-term
Residential bridging loans
Auction purchase? We get it.
Short-term finance secured on residential property, for when you need to move faster than a mortgage allows.
Your property or other security may be repossessed if you do not keep up repayments on your loan. Bridging finance is short-term finance and requires a credible repayment or exit strategy. All lending is subject to status, underwriting, valuation, satisfactory security and lending criteria.
What it's used for
Auction purchases
Complete within the auction deadline, typically 28 days.
Chain breaks
Buy your next home before your current one sells.
Light or heavy refurbishment
Fund the purchase and works, then refinance on the improved value.
What we look at
Every case is underwritten individually.
The property
Its value, condition, location and how easily it could be sold.
You or your business
Your experience, plans and the structure you are borrowing through.
The exit
How the loan will be repaid, and how realistic that plan is.
Questions about residential bridging
Can I get a bridging loan on my own home?
Gulf Bridging does not currently offer regulated mortgage contracts. The fact that a loan is described as a “bridging loan” does not automatically make it unregulated. A transaction involving an individual or trustee and residential property may constitute a regulated mortgage contract depending on the circumstances. Tell us your situation and we will explain your options. See Regulatory status and risk warnings.
How is a bridging loan repaid?
Usually in one payment at the end of the term, from the sale of a property or by refinancing to a longer-term mortgage.
Ready to talk about your case?
Two minutes online. No credit check.