Arranging short-term property finance can sometimes be delayed by valuation requirements, especially when a full physical survey is not immediately available. Desktop bridging finance may help borrowers access faster funding by allowing lenders to assess a property using a desktop valuation, where suitable, instead of requiring an in-person inspection at the first stage.
Whether you are purchasing a property, refinancing an existing loan, buying at auction, or releasing equity quickly, Discount Mortgages can help you search the market for suitable desktop bridging finance options.
We make desktop 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 desktop bridging finance quote, your advisor will review the property value, loan amount, security, property type, location, loan-to-value, timescale, credit profile and intended exit strategy. Discount Mortgages can compare available lenders and help identify a solution that matches your short-term funding requirements.
If speed is important and the property is suitable for a desktop valuation, desktop bridging finance may provide a faster and more efficient route than a standard application requiring a full valuation. It is often used by homeowners, landlords, investors, developers and businesses who need quick access to property-backed finance.
Desktop bridging finance is a short-term secured loan where the lender may use a desktop valuation to assess the property. A desktop valuation is completed remotely by reviewing property data, comparable sales, local market evidence and available information about the property.
This can help reduce delays in suitable cases, especially where the property is standard construction, located in an established area and supported by strong comparable valuation evidence.
There are several reasons why borrowers may consider desktop bridging finance. The main benefit is speed. If a lender can rely on a desktop valuation, the application may progress more quickly because there may be no need to wait for a surveyor to visit the property.
Another benefit is convenience. Desktop bridging finance may reduce some of the time and administration involved in arranging short-term finance, making it useful for urgent purchases, refinances and time-sensitive property opportunities.
Desktop bridging finance may help you:
Desktop bridging finance may be suitable where the property is easy to value, has reliable comparable evidence and meets the lender’s criteria. It is commonly considered for standard residential properties, buy-to-let properties and certain investment properties.
It may not be suitable for every property. Lenders may still require a full valuation if the property is unusual, high value, in poor condition, commercial, mixed-use, rural, highly specialised, or where there is limited comparable sales data.
Your advisor can help review whether a desktop valuation bridging loan may be available based on your circumstances and the property being used as security.
Lenders will usually assess the property type, estimated value, loan-to-value, borrower profile, credit history, security, loan purpose and repayment strategy. For desktop bridging finance, the lender will also consider whether the property is suitable for remote valuation.
The exit strategy is especially important because desktop 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 desktop bridging finance can be complex because not every lender accepts desktop valuations, and criteria can vary depending on the property, loan amount and security available. 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 desktop 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 desktop bridging finance options.
Or if you prefer, call us today and speak with an advisor who can discuss your property, loan amount, valuation requirements, timescale and exit strategy.
Desktop bridging finance is subject to status, lender criteria, valuation approval, affordability checks and available security. A physical valuation may still be required depending on the property, loan amount and lender requirements.
Your home, property or security may be repossessed if you do not keep up repayments on a loan or mortgage secured against it.
