Quick Access Bridging in Coventry
Take advantage of fast approved bridging finance across Coventry.
Lending Experts for Coventry
Coventry is a place that never steps back but keeps on rolling. So, with such things as the city centre being regenerated, the rising of universities, and the likes of Earlsdon and Stoke having good growth, a quick financial move is absolutely necessary if you find the right property. Thus, you can have a bridging loan with which you can guarantee that you will be the first to act under the door of opportunity with its speed and flexibility.
With the help of our lending lines, we can make our decisions swiftly and also funding can be arranged in a way that is compatible with your goals rather than predetermined criteria.
What you can arrange
- Loan sizes from £10,000 to £500,000
- Immediate decisions, we get back to you in just 4 hours
- Money with you within 48 hours
- Straightforward application process
- Loans secured against residential property
- Loans for commercial property
- Short-term business cash
- Auction property finance solutions
Get a bridging loan in Coventry
Starting from our first meeting, we keep the whole procedure always clear and simple to understand on our side. To prevent it from happening that there are delays and that work is not progressing as planned, our team is constantly in contact with solicitors, valuers, and lenders. There will be no wondering about work progress and issues of being in trouble will not occur to you.
Speed is what it is is really about. So, whichever of the cases it might be – a purchase before a sale, an investment acquisition in a highly competitive area, or funding a refurbishment through a bridge, your main concern should be that we are focusing on giving you the money quickly. This will give you the peace of mind to take the next step in the fast-changing market.
Homeowners
Place your home as a security to unlock vital funds that can help to stop chain delays or to carry out refurbishments on your building when cash is tight.
Developers
Borrow money over carefully planned out stages to bring your project to life. Great for commercial developments where management is key.
Commercial Investors
Secure the money needs to invest in new business locations, or to relocate current operations. Great for building or expanding investment portfolios.
Business owners
Navigate the day to day challenges of business more efficiently with fast capital injections. Good for stock replenishing or covering expenses.
The most popular bridging loan in Coventry is £170,000
Use our calculator to see what you could borrow and how the repayment might look.
Bridging Loan Calculator
Bridging: Indicative Quote
Total Security Value: £400,000.00
Gross Loan: £103,008.00
Gross LTV: 25.75%
Interest Rate: 0.84%
Breakdown
Arrangement Fee (2%): £2,000.00
Broker Fee (1%): £1,000.00
Total Interest: £10,080.00
Net Loan: £100,000.00
Legal Fees: £750.00
Valuation Fees: £380.00
Most common use of bridging loans in Coventry
- Buying student-let properties housing close to Coventry University or Warwick
- Paying for swift acquisitions during competitive bidding
- Transforming old terraced houses into modern HMOs
- Bridging finance while waiting for a property sale
- Temporary help with business relocation or expansion
- Purchasing at auction with short completions period
- Covering the costs of upgrading before refinancing
- Being able to buy mixed-use or commercial units in the regeneration areas
Local areas we serve in and around Coventry
- Earlsdon
- Stoke
- Hillfields
- Tile Hill
- Coundon
- Radford
- Binley
- Wyken
- Cheylesmore
- Canley
- Foleshill
- Allesley
- Whoberley
- Longford
- Finham
- Holbrooks
- Walsgrave
- Keresley
- Coventry City Centre
- Eastern Green
“Got £145,000 to secure a rental property in Earlsdon while waiting for my sale to complete. The process was really quick and the communication was on point.”
Sarah Bennett – Homebuyer, Earlsdon
“I needed £92,000 to help my cash flow during the moving of my workshop from Hillfields. The decisions were made quickly and there were no complications at all.”
Amrit Singh – Business Owner, Hillfields
“In a situation where I needed £310,000 to refurbish a project in Coundon, Goldhill Finance understood the timetable very well and therefore, they did not delay the release of the funds.”
James Holloway – Property Developer, Coundon