Bridging Loans Kent
Bridging Loans Kent
With a population of over 1.8m and also being known as the garden of England, Kent is a popular place for people to live. With high demand for property, developers seek opportunities where they can purchase properties, renovate, add value and sell or let out long term. Many properties are not suitable for traditional finance which is where bridging loans can help.
What is a bridging loan?
This is specialist finance mainly used by property developers. It provides short term finance where traditional lending such as mortgages are not available. These are the most common reasons why bridging finance is taken out:
- Buying at Auction - When buying at an auction you normally have to complete within 28 days and for a standard mortgage this is generally not achievable. Bridging loans are quick and can complete within 7 to 14 days.
- Uninhabitable Properties - If the property has no bathroom, kitchen or is in very poor condition and you would be unable to live in the property straight away, these properties are classed as uninhabitable and standard mortgages will not lend upon these. Bridging finance is more accommodating and will finance these property purchases.
- Property Development - If you want to buy a commercial unit and convert it into flats or take a standard house and convert it into a HMO (House of Multiple Occupation) bridging loans can help.
- Chain Break - If you want to buy a property, but your sale has fallen through, a bridging loan can help bridge the gap in funding to allow you to complete on the purchase and you can repay the loan when you finally sell your property.
All bridging loans are tailored to the project and the terms issued are on a case-by-case basis.
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Bridging Loans Kent

Product Name: Loans
Product Description: Bridging Loans Kent
Kavita
Gary has been great from the start, very professional and friendly. this was my first commercial finance and he answered all of my questions no matter how small & explained everything very well, for me to understand the whole process. I would definitely recommend TMH & if needed use their services again.