More income x More lending. More done.

• Home movers
• Remortgages
• New build purchases
• First-time buyers

• Customers looking for an alternative to high street lenders 
• Customers with adverse credit history
• Self-employed customers with only 1 year’s accounts 

• Customers buying new build properties
• Existing Help to Buy customers looking to remortgage

• We accept new purchase applications on the Help to Buy Wales scheme
• We accept remortgage applications on the Help to Buy England, Help to Buy Wales and Help to Buy Scotland schemes

• Customers buying their social housing property

• Purchase only
• Houses only
• England only

• Landlords who want to make a quick purchase
• Chain-break finance
• Cash flow funding for short-term requirements
• Buying property at auction
• Meeting tight transaction deadlines

• Where short-term finance is required and is secured on a property in a habitable condition and does not require any improvement works
• Regulated bridging finance can be used for almost any purpose, except where your customer is looking to raise finance by way of a second charge and the loan is for business use. For this situation our range of non-regulated bridging finance could help

For works that don’t require structural changes, planning or alter the footprint of the property:

• New kitchen, bathroom, redecorating
• Rear and side extensions
• HMO conversions
• Multi-unit properties currently at 'wind and watertight' stage that require completion

A customer approached us to fund a light refurbishment on a 3-bedroom property they intended to upgrade for resale. The works included:

• New kitchen and bathroom
• Internal redecoration
• Flooring and minor plastering
• No structural changes

We provided a bridging loan at 75% LTV, with the property valued at £210,000. The loan was released in a single drawdown, and the works were completed within 6 weeks.

As this was a light refurb, there was no planning permission required, and the customer only paid interest for the duration of the loan. The property sold quickly after completion, allowing for a smooth exit.

For customers making structural changes to the property often requiring planning consent and building approval. Examples include:

• Extensions
• Loft conversions
• Single unit to multi-unit
• Multi-unit to single unit
• Barn conversions
• Conversion of a commercial unit into a maximum of 10 units
• Landlords looking to change the use of a residential property to an HMO with up to 20 lettable rooms
• Landlords looking to change the use of a residential property to a maximum of 6 flats. An acceptable new home warranty will be required

No fuss bridging finance for a rear extension

A customer approached us seeking £70,000 in bridging finance to carry out a rear extension which was under permitted development rights. The works were non-structural and didn’t require full planning permission, allowing for a faster project timeline.

We offered a competitive solution at 40% LTV with a monthly rate of just 0.65%. Our quick funding enabled the customer to proceed with the improvements efficiently, adding significant value to the property without delays.

• Experienced developers with a residential property that has reached practical completion, with the benefit of all consents and a warranty or PCC
• Property developers who need more time to sell properties or organise long-term finance
• House builders who want to refinance their existing development facility to extend the sales period and/or save money
• Developers who want to release capital to move on to another project

• If there are delays in the sale completion or in securing long-term finance
• If a project overruns and funding can’t be extended
• When development project costs have exceeded budget
• To release additional capital from a completed project
• For individual units or a large development of 100s of units – there are no limits on this product

• Existing customers whose product is due to end
• Whilst most customers whose account is outside of any early repayment charge period will be able to complete a product transfer, not all customers will have product transfer options available to them. We’ll run some initial checks on your customer’s account and let you know if a product transfer is available for them, such as making sure their account is up to date

• We can accept product transfer applications from 3 months before the existing product ends

Please click here to find steps to submit a case.