Finding high loan-to-value short-term finance can be difficult, especially when you need to move quickly or want to reduce the amount of upfront capital required. 80% bridging finance may help borrowers access a larger percentage of a property’s value for a short period while they arrange a sale, refinance or longer-term finance solution.
Whether you are purchasing a property, refinancing an existing loan, buying at auction, or releasing equity from a property, Discount Mortgages can help you search the market for suitable 80% bridging finance options.
We make 80% bridging finance as simple as possible.
The overall cost for comparison is variable and will depend on your circumstances. Please ask for a personalised illustration.
To get a suitable 80% bridging finance quote, your advisor will review the property value, loan amount, security, loan-to-value, credit profile, income position, timescale and intended exit strategy. Discount Mortgages can compare available lenders and help identify a solution that matches your short-term funding requirements.
If you need a higher level of borrowing than a standard bridging loan allows, 80% bridging finance may provide a flexible option. It is often used by homeowners, landlords, developers, investors and businesses who need quick access to property finance.
80% bridging finance is a short-term secured loan where borrowing may be available up to 80% of the value of the property or security being used. This is known as the loan-to-value, or LTV.
This type of finance can be used to bridge a temporary funding gap while you arrange a longer-term solution, such as selling a property, refinancing onto a mortgage, completing a development project, or securing another form of finance.
Because 80% LTV is considered higher risk than lower loan-to-value borrowing, lenders will usually assess the application carefully and may require strong security, a clear exit strategy and suitable borrower circumstances.
There are many reasons why borrowers may consider 80% bridging finance. The main benefit is access to a larger amount of short-term funding, which may help when you have limited cash available or need to complete a transaction quickly.
Another benefit is speed. Bridging finance can often be arranged faster than standard property finance, making it useful for time-sensitive opportunities.
80% bridging finance may help you:
80% bridging finance may be suitable where the property has a strong valuation, the security is acceptable to the lender and there is a clear plan for repayment. It may be used for residential, buy-to-let, commercial, semi-commercial or investment property, depending on the lender’s criteria.
Lenders may also consider additional security if the main property alone does not support the required loan amount. Your advisor can help review the available options and explain what may be possible based on your circumstances.
Lenders will usually assess the property value, loan-to-value, borrower profile, credit history, loan purpose, security offered and repayment strategy. The exit strategy is especially important because 80% bridging finance is designed to be short term.
Common exit strategies include selling the property, refinancing onto a residential mortgage, moving onto a buy-to-let mortgage, arranging commercial finance, completing a development project, or repaying the loan from another confirmed source.
Finding the right 80% bridging finance can be complex because not every lender offers high loan-to-value bridging loans. Discount Mortgages can help you compare suitable options and guide you through the application process from enquiry to completion.
Our advisors can help assess your requirements, search available lenders, explain the costs, and support you with the paperwork required for your 80% bridging finance application.
Our advisors will do their very best to keep you informed at every stage:
Just need to enter some basic information into our online enquiry form and we will search the market for suitable 80% bridging finance options.
Or if you prefer, call us today and speak with an advisor who can discuss your property, loan amount, security, timescale and exit strategy.
80% bridging finance is subject to status, valuation, lender criteria, affordability checks and available security. Your home, property or security may be repossessed if you do not keep up repayments on a loan or mortgage secured against it.
