At Elysium Bridging, a highly-specialised team of bridging loan experts provides a range of finance options for property investors, brokers and developers.
Elysium Bridging, headquartered in Manchester, offers over a century of combined experience in bridging finance. This independent bridging finance provider relishes the opportunity to fund new projects, and has positioned itself as a first-choice bridging finance provider for real estate investors and developers. With the goal of becoming the UK’s number one provider of short-term bridging loans, Elysium Bridging makes the perfect partner for any property project.
This lender works happily with a wide range of different clients, from brokers and other introducers to developers and investors. Their “person to person” model of doing business is a refreshing break from monolithic lenders, and allows clients to present the idiosyncrasies of their project to a professional lender who really listens.
Elysium Bridging focuses on delivering top-quality bridging loans to the UK property market. Their selection of lending products provides a wide scope for enabling investment across the country.
This bridging provider gives clients the ability to invest in real estate or to refurbish property. Although “ground-up” development finance isn’t available, this still provides a healthy range of options for clients to choose from. Light and medium refurbishment bridging products are available through Elysium, which can meet a wide variety of different client profiles.
One of the key benefits of being an independent bridging provider like Elysium Bridging is that there is a lot of room for manoeuver. Without the need to refer decisions to “head office”, Elysium Bridging can alter their requirements to suit their clients’ needs. With the ability to adjust lending criteria at will, this bridging provider can cater to a huge range of different projects.
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A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
Bridging loans can be used for a wide variety of purposes. Perhaps the most common purpose is to allow you to buy a new home or business premises before you have sold your existing property. They can also be used by investors to buy property at auction, landlords to acquire buy-to-lets, developers to acquire and renovate properties and businesses to raise working capital. There are a myriad of different uses and Bridging.com can help to find the best loan for you.
Loans generally range from £10,000 to £50M with smaller or larger amounts provided on an exceptional basis. The value and equity within the property or properties you are securing against will determine how much you can borrow. The maximum loan to value (LTV) currently offered by most lenders ranges between 65-80%
Many lenders can agree terms in hours and funds can be in place in days rather than weeks. Average completion times with some lenders can be in the range of just 7-14 days. When you require speed to take advantage of a time-limited opportunity Bridging.com can help you to find the best lender for your unique circumstances.
Bridging.com can help you secure a bridging loan tailored to your own unique circumstances in a matter of days. We can guide you through the entire process from initial enquiry to funds being released in the shortest possible timeframe.