Why choose us for bridging finance?
- Best bridging loan rates
- Expert advice
- Fast approval
- Instant quotes
- Rated excellent on Trustpilot!
- Open 7 days till late
How do I get a quote?
← Fill in the form and we will call you back.
← We usually respond within minutes.
Arranging Bridging Loans in Shropshire
Secure short-term funding for property purchases, renovations, or auctions in Shropshire with bridging loans starting at just 0.55% per month. Get expert advice and tailored solutions from our expert team.
Bridging loans explained
A bridging loan is a short-term, secured loan designed to “bridge the gap” when you need immediate funds, typically for property-related transactions. In Shropshire, these loans are popular among homeowners, property developers, and investors needing quick finance for opportunities like auction purchases, home moves, or refurbishments.
- Loan duration: 6 to 18 months
- Loan amounts: From £20,000
- Interest rates: From 0.55% per month (FCA-regulated)
- Security: Residential, commercial properties, or land in Shropshire
Unlike traditional mortgages, bridging loans are faster to arrange, often within days, and less dependent on credit history or income, making them ideal for time-sensitive deals.
How bridging finance can benefit you in Shropshire?
Shropshire’s property market, from historic homes in Shrewsbury to rural plots in Ludlow, offers unique opportunities for buyers and investors. Bridging loans provide the speed and flexibility needed to seize these prospects, especially in competitive markets or when traditional funding isn’t an option.
Key benefits
- Rapid funding: Funds available in as little as 48 hours, perfect for auction purchases or urgent deals.
- Competitive rates: Rates start at 0.55% per month, with no exit fees on select products.
- Adverse credit accepted: Poor credit? No problem, lenders focus on property value and exit strategy.
- Local expertise: We partner with lenders familiar with Shropshire’s urban and rural property markets.
Case Study: In 2025, a Shrewsbury investor secured a £150,000 bridging loan at 54.15% LTV to purchase a three-bedroom property at auction, completing the deal in just five days.
Common uses of bridging loans in Shropshire
Bridging loans are versatile, catering to a range of needs in Shropshire’s diverse property landscape. Here’s how they’re commonly used:
- Property chain breaks: Buy your dream home in Telford or Oswestry without waiting for your current property to sell.
- Auction purchases: Secure properties at Shropshire auctions, where completion is often required within 28 days.
- Renovations and refurbishments: Fund upgrades to historic cottages or modern flats to increase value before selling or refinancing.
- Probate and inheritance: Cover inheritance tax or legal fees with probate loans starting at 1.67% per month.
- Business investments: Provide quick cash flow for Shropshire businesses or property developers.
Bridging loan rates and costs
We offer some of the UK’s most competitive bridging loan rates, starting at 0.55% per month. Rates vary based on factors like loan-to-value (LTV), property type, and exit strategy. Here’s a breakdown of typical costs:
| Cost Type | Details |
| Interest Rate | 0.55%–2% per month (e.g., 0.65% monthly = 7.8% APR) |
| Arrangement Fee | 2% of loan amount (some lenders offer no-fee deals) |
| Valuation Fee | £99–£500, depending on property value |
| Exit Fee | 0% – Some lenders might have a minimum interest period |
Note: Interest is typically rolled up, meaning no monthly payments, you repay the loan and interest at the end of the term. Early repayment incurs no penalties, and you only pay interest for the months used.
Use our bridging loan calculator to estimate repayment costs tailored to your needs.
Eligibility and requirements
Bridging loans are accessible to a wide range of borrowers in Shropshire, including individuals, businesses, and developers. Key requirements include:
- Age: Minimum 18, no upper limit.
- Property: Residential, commercial, or land in Shropshire (habitable or uninhabitable).
- LTV: Up to 75% without additional security; 100% with extra collateral.
- Exit strategy: A clear plan to repay the loan (e.g., property sale, refinancing, inheritance).
- Credit history: Adverse credit accepted, with focus on asset value over credit score.
Foreign nationals and limited companies can also apply, provided they own UK-based assets.
Open vs. closed bridging loans
Bridging loans come in two forms, each suited to different needs in Shropshire:
- Closed: Have a fixed repayment date (e.g., when a property sale is confirmed). These are lower risk for lenders, offering rates as low as 0.55% per month.
- Open: No fixed repayment date, ideal for uncertain exit strategies (e.g., selling a property without a buyer). Rates are higher, typically 0.7% – 2% per month, due to increased lender risk.
Our advisors can help you choose the right option based on your circumstances.
How to apply for bridging finance
Applying with bridgingloans.co.uk is simple and fast, with funds often released within days. Follow these steps:
- Get a quote: Use our online calculator or call 0116 4027082 for a free consultation.
- Decision in principle: Receive a decision within hours, including detailed terms.
- Valuation and underwriting: A property valuation (if needed) and application review are completed swiftly.
- Funds released: Once approved, funds are transferred to your solicitor for completion.
Why we stand out!
As a premier FCA-regulated broker, we offer:
- Access to over 80 UK lenders for the best rates and terms.
- Exclusive deals not available directly from lenders.
- 5-star Trustpilot rating for exceptional service.
- Tailored advice for Shropshire’s property market, from Shrewsbury to Bridgnorth.
Our dedicated team ensures a seamless process, whether you’re a first-time buyer or seasoned developer.
Get started today
Ready to unlock fast finance for your Shropshire property venture? Whether you’re buying a fixer-upper in Ludlow or securing an auction deal in Whitchurch, We have the expertise and rates to make it happen. Starting at 0.55% per month, our bridging loans are designed to meet your needs.
Apply online now or call 0116 402 7982 for a free, no-obligation quote. Let’s bridge the gap to your next opportunity!
We provide finance across the UK:
