Short-term Bridging Finance and Bridging Loans

Having grown to an estimated £6bn market since the financial crisis of 2008, bridging finance is one of the fastest-growing areas of real estate finance. Totum Finance offers a flexible, pragmatic approach to short-term bridging finance that is often lacking in the mainstream lending markets. 

Having grown to an estimated £6bn market since the financial crisis of 2008, bridging finance is one of the fastest-growing areas of real estate finance. Totum Finance offers a flexible, pragmatic approach to short-term bridging finance that is often lacking in the mainstream lending markets. 

Bridging finance can support with:

Auction Purchases
Uninhabitable Assets
Land or Assets to be Converted
Below Market Value Transactions
Unique Assets
Special Situations Underpinned by Real Estate

Securing a bridging loan

Totum Finance work with a panel of short-term lenders to assist you in securing a fast bridging loan or any short-term bridging loans you may require. We focus on understanding your needs and the merits of the transaction. Our mission is to provide stable, timely and suitable solutions.

Making your loan easier

Accessing funds quickly

If you need the funds quickly, get in touch with us to discuss how we can assist in providing you with the funding your business needs. With our short-term bridging loan terms ranging from 1 day to 24 months, no matter what your situation is, Totum Finance is here to help.

Client service across the UK

From our head office in Northamptonshire, we work with clients across the whole of the UK, from Manchester to Birmingham, and London to Newcastle. Wherever you are based, Totum Finance will work hard to unlock your property project.

Unmatched expertise

Securing fast bridging loans is an intricate process. We can secure finance on both residential and commercial property, along with land/development sites. We know mistakes happen when it comes to financing. However, we have the expertise to guide you, even in situations of adverse credit. Totum Finance will use the teams 75 years’ worth of experience to deliver for you, whether that is on your first project or your one hundredth.

FAQs

A bridging loan is useful if you need to borrow money for a short period to ‘bridge the gap’ before permanent finance becomes available.

You can use a bridging loan if you want to buy a property at auction and need the money immediately as you have not yet sold your current property. You could also use it to buy a new home before your current property sells or you can use bridging finance to renovate a property before selling it. A property developer may use a bridging loan if they’ve secured planning permission for multiple dwellings but need to pay for the land and labour.

Mortgages tend to be 25-35 years long whereas a bridging loan is a short-term form of finance usually for a year or less. It’s much quicker to obtain than a lengthy mortgage but interest rates are higher.

Totum in the Media

Listen to Piragash being interviewed by Jemma Forte, a presenter for Property TV on Sky.

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