Bridging Loan Comparison

Use our service to compare bridging loans, this type of loan is not something you would take probably more than once in a lifetime, used as an emergency loan to cover a shortfall or to make a quick purchase of a property.

There are currently around 100 lenders in the UK who offer bridging finance and whilst some of the high street banks still offer them to their existing customers most do not and are not at all keen on them unless the deal is rock solid, and when they did they offered expensive loans because of the lack of competition in the market.

To fill this void many specialist lenders entered the market to offer these loans, this, in turn, created evermore competition which in turn led to downward pressure on the interest rates that could be charged. This was a good thing for borrowers as interest rates have never been lower, in some cases they can be as little as 4.5% per year and with so many lenders chasing a limited amount of loans the results were inevitable pressure on pricing, this, of course, made Bridging Loans a mainstream source of funds for borrowers who would be turned down by their existing banks for any number of reasons. In effect loans were being used as an alternative to lending from the high street banks, so they were really being used more and more to release equity from property that previously would have just been remortgaged with a traditional lender.

With so many lenders in the marketplace, it is vital that you use a Bridging Loan Comparison tool to ensure you are getting the best rates for your loan, we compare all  Lenders in the UK simply enter your details and we will compare rates giving you your best options.