Bridge to Let Mortgages
We help property investors use short-term loans to fund long-term rental assets
Request a Call BackBridge to Let Mortgages for Property Investors
Unique Property Finance are specialist 'Bridge to Let' mortgage brokers and have access to exclusive products.
Bridge to Let mortgages allow property investors to secure short-term financing to purchase a property, refurbish it if needed, and then let it out to tenants. The initial bridging loan is then converted to a regular buy-to-let mortgage once the property is ready to be rented.
Bridge to Let loans provide the speed and flexibility of a bridging loan along with the affordable long-term financing of a buy-to-let mortgage. This guide covers everything potential borrowers need to know about Bridge to Let mortgages.
A Bridge to Let mortgage combines features of both a short-term bridging loan and a long-term buy-to-let mortgage:
- Like a bridging loan, it provides fast access to financing within days to purchase an investment property. This allows investors to secure time-sensitive deals.
- It then converts to a regular buy-to-let mortgage once renovations are complete and the property is ready to be rented out. This provides affordable long-term financing.
More about Bridge to Let Mortgages
Who Would Benefit from a Bridge to Let Loan?
Bridge to Let loans are particularly advantageous for:
- Investors purchasing properties at auction, where quick completion is crucial.
- Landlords looking to acquire properties that require refurbishment before they can be let out.
- Investors facing challenges in securing traditional mortgages due to the property's condition or their financial circumstances.
Circumstances for Using a Bridge to Let Loan
This type of loan is ideal in several scenarios, including:
- Quick property purchases, such as auction buys.
- Short-term financing for refurbishing properties before renting them out.
- Acquiring properties that do not meet the criteria for standard mortgages due to their condition.
Get in Touch with Bridge to Let Brokers
Unit 3, Mountview Court,
310 Friern Barnet Lane,
London N20 0LD
E: info@unique-finance.co.uk
P: 020 3645 4322
Give us a call or send an email to book an appointment. We endeavour to answer all enquiries within 24 hours on business days.
We are open from 9:30 am — 6:30 pm Monday - Thursday & 9:30 am — 5:00 pm Friday.