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Bridging Loans

Your bank may offer 100’s of products and plans.
Promise Money has over 10,000

Why choose us?

Your bank may have 100’s of bridging loan plans – we have over 10,000!

Plus, we have…

  • 30 years of experience
  • Experts at finding low rates and solving problems
  • Friendly and fast advice

Promise Money have bridging loan plans available for everyone, including those with credit issues…

Using one of the most comprehensive bridging loan panels in the UK, we can search for the best deal for you.


About Bridging & Short Term Loans

Behind every bridging or short term loan there is a story to tell. Tell us what you are trying to achieve and we can do a far better job on your behalf.

Sometimes our clients need money fast

It could be home improvements or a commercial bridging loan related to their business such as securing a profitable opportunity or paying off a tax bill. They might not be able to borrow from their mortgage company or get an unsecured loan because the property is in a mess or they just don’t qualify. They might not even be able to afford the repayments of a new loan right now. What they do know is that if they could get the cash it will repay them in the short term – this is where a bridging loan or short term asset loan can help.


    Find a bridging loan

    Enter some details and we’ll compare thousands of loan plans – this will NOT affect your credit rating.

    How much you would like to borrow?

    £

    Type directly into the box for larger amounts

    For how long?

    mnths

    Use the slider or type into the box

    Do you own property in the UK?

    About you...

    Your name:

    Your forename:

    Your surname:

    Your email address:

    Your phone number:


    By submitting any information to us, you are confirming you have read and understood the Data Protection & Privacy Policy.

    2 out of 3 borrowers get a lower rate than our representative example of a regulated secured loan below:

    Mortgages and Remortgages

    Representative example

    £80,000 over 240 months at an APRC OF 4.3% and a discounted variable annual interest rate for two years of 2.12% at £408.99 per month followed by 36 payments of £475.59 and 180 payments of £509.44. The total charge for credit is £39,873 which includes a £995 broker / processing fee and £125 application fee. Total repayable £119,873.

    Secured / Second Charge Loans

    Representative example

    £63,000 over 228 months at an APRC OF 6.1% and an annual interest rate of 5.39% (Fixed for five years – variable thereafter) would be £463.09 per month, total charge for credit is £42,584.52 which includes a £2,690 broker / processing fee. Total repayable £105,584.52.

    Unsecured Loans

    Representative example

    £4,000 over 36 months at an APR OF 49.9% (fixed) and an annual interest rate of 49.9% would be £216.21, total charge for credit is £3,783.56. Total repayable £7,783.56.


    THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME

    REPAYING YOUR DEBTS OVER A LONGER PERIOD CAN REDUCE YOUR PAYMENTS BUT COULD INCREASE THE TOTAL INTEREST YOU PAY. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.


    If you have been introduced to Promise Money by a third party / affiliate, Promise may pay them a share of any fees or commission it earns. Written terms available on request. Loans are subject to affordability status and available to UK residents aged 18 or over. Promise Money is a trading style of Promise Solutions Ltd. Promise Solutions is a broker offering products which represent the whole of the specialist second mortgage market and is authorised and regulated by the Financial Conduct Authority – Number 681423.

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