Welcome to the BridgeCrowd; the social way to borrow and lend.
Our experienced team have been lending and processing bridging loans for more than 20 years and come from a variety of financial and legal backgrounds.
Over the years we have processed hundreds of loans and millions of pounds without ever losing any capital. We have developed extensive due diligence processes and procedures as well as superior fraud prevention systems.
The winning combination of our expert underwriters and exclusive products give us the competitive edge over high street alternatives. We are the lender, which means we can underwrite our own loans and as a result are free from the restraints suffered by the major banks, making way for a quick and simple turnaround.
We offer loans from £25k to £2m that are arranged quickly and efficiently. You have the choice of paying the interest at the end of the loan period, or by servicing the loan monthly. If you own or will own a property then we will lend provided that the loan to value is under 70%.
BridgeCrowd prides itself on its flexible criteria. We lend to individual borrowers with bad credit, no income, sole traders, limited companies, pension funds or multiple borrowers. We consider 1st, 2nd or 3rd charges on land, commercial, residential or bridging out of a bridge.
We approve loans subject to valuation within 30 minutes of your application and our existing clients can complete in 24 hours. Our new customers complete in 10 days, but if you need to be fast tracked, this can be arranged.
We are proud of what we do
- No commitment fees
- No broker fees
- No credit footprint
- No income evidence required
BridgeCrowd grew out of a family business and we only ever offer loans into which we have personally invested. The directors, partners and founding family members invest their own money into every single deal (subject to personal funds).
Our underwriting criteria is tried and tested and we take the same precautions with your money as if it was our own.
We take a 1st or 2nd charge mortgage over UK property. All of the properties are valued by a RICS approved surveyors who indemnifies us as to the value. Our maximum loan to value is 70%. The average loan term is 6 months and our maximum loan term is 12 months.
As an investor, you are directly assigned part of the loan and mortgage pro rata to your investment.
Comparing Monthly Bridging Loan Interest Rate To BridgeCrowd
Based on a loan of £100,000.
|Monthly Saving with BL.co.uk||£210|
Phone Number: 0161 312 56 56
Email Address: email@example.com
Business Address: The Lodge, The Towers, Wilmslow Road, M20 2AU