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Bridging Loans

We act quickly to bridge the gap between loans allowing you to focus on strategy and project management.

We act quickly to bridge the gap between loans allowing you to focus on strategy and project management.

Bridging Loans solicitors in London and Essex

Bridging loans are an alternative source of finance to traditional bank finance and are very popular amongst landlords and developers who require short-term funding or who do not qualify for traditional bank finance.

A bridging loan typically lasts 6 – 24 months and are offered by smaller lenders who do not require borrowers to go through the complex and sometimes unnecessary administrative procedures that is often involved with traditional lenders. Bridging loans can therefore be arranged fairly quickly and we understand the importance of working quickly and efficiently to ensure that the transaction proceeds to a smooth conclusion.

On the other hand, bridging loans are more expensive than traditional loans and you should ensure that you have a clear and achievable exit strategy e.g. a plan to pay off the loan or to re-finance to a more cost-effective loan.

Examples of bridging loan matters include:

  • Auction purchases
  • Refurbishment loans
  • Quick turnaround purchases
  • Below market value purchases

As part of our role in a bridging loan transaction, we will advise on the terms of the loan documentation including matters such as interest payments, default interest rates and events of default. We will also advise on the security documentation in respect of the security being taken by the bridging lender.

Our unique selling point is that we understand what clients want from their lawyers. We will manage your transaction proactively, with careful attention to detail while never losing sight of the bigger picture.

While working with us you will have access to our strong network of other professionals such as accountants, independent financial advisers and bankers.

We offer a range of pricing options and will be happy to discuss these with you. As a client-centred law firm, we will be transparent with you about our pricing and actively manage these in line with our agreements.

    Free enquiry

    We may send you updates about legal developments and thought leadership that might be of interest to you and/or information about our services, including exclusive offers, promotions or new services. You have the right to opt out of receiving promotional communications at any time by contacting us at hello@birdilaw.com or using the ‘unsubscribe’ link in emails. You may also wish to review our privacy policy that provides further information about how we use personal data.

    Why use Birdi & Co for Bridging Loans

    We approach every project with real passion. If you’re passionate, you care more and work harder. Simple.

    If you truly understand the feelings and goals of your clients, we believe you build stronger relationships, and offer better long-term solutions.

    We have a culture where we embrace independent thought. We encourage our people to think creatively and explore ways we can be doing things more effectively.

    With clients and within our team, a collaborative relationship delivers better results and a more transparent and reassuring experience.

    Why use Birdi & Co for Bridging Loans

    Enthusiasm

    We approach every project with real passion. If you’re passionate, you care more and work harder. Simple.

    Empathy

    If you truly understand the feelings and goals of your clients, we believe you build stronger relationships, and offer better long-term solutions.

    Curiosity

    We have a culture where we embrace independent thought. We encourage our people to think creatively and explore ways we can be doing things more effectively.

    Collaboration

    With clients and within our team, a collaborative relationship delivers better results and a more transparent and reassuring experience.

    Let’s talk about
    how we can help…

    ...or send us a message.

      We may send you updates about legal developments and thought leadership that might be of interest to you and/or information about our services, including exclusive offers, promotions or new services. You have the right to opt out of receiving promotional communications at any time by contacting us at hello@birdilaw.com or using the ‘unsubscribe’ link in emails. You may also wish to review our privacy policy that provides further information about how we use personal data.