Gloucester Bridging Loan Experts
Short term loans are available to you quickly and without any hassle in Gloucester anywhere.
Lending Experts for Gloucester
The property market in Gloucester is very responsive because of the demand from commuters, the consistent interest in rentals, and the increasing activities in the docks and the areas around the city centre that are being regenerated. Good homes in Longlevens, Kingsholm, and Abbeydale are usually transferred within a short time after their listing, while commercial spaces related to local business parks are attracting a steady demand.
By the use of a bridging loan, you can quickly take hold of a great opportunity, thus, there is no need for you to wait for lenders who take time. Our decision on lending acceptance allows us to focus on regular interaction and saving of hours due to less hassle is beneficial for all.
What we do
- We are able to finance you with a minimum of £10,000 and a maximum of £500,000
- We inform you of our decision within 4 hours
- Funds get to you within 48 hours
- The application is simple and brief
- We can finance your home purchase
- We can finance your business premises purchase
- We offer a line of credit for business needs
- Finance for buying homes at auction
Apply for a bridging loan in Gloucester
You get an immediate answer from us as to how we can serve you best and from then on, you will see us at work managing every essential step leading to the approval of your application. We get ready for valuations, cooperate with solicitors, and fulfill lender needs all while being in constant liaison so that you may rest easy knowing all bases are covered. With constant updates you know precisely how far your application is at any point.
Gloucester is a place that quickly benefits buyers and investors. Regardless of whether you are buying before selling your home, finishing an auction purchase, or preparing for a refurbishment project, we always keep the funding process as effective as possible. It is our intention to be free of delays and to be able to give out funds at a great pace so as to let buyers hold the property in which they are interested, safe and sound.
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.
In Gloucester, the most common bridging loan size is £245,000
Use our calculator below for an instant estimate of borrowing capacity and likely repayments.
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
Common uses for bridging loans in Gloucester
- Purchasing rental properties within the vicinity of the redeveloped Gloucester Docks
- Obtaining properties in Longlevens, Kingsholm or Abbeydale
- Updating outdated homes prior to getting a permanent mortgage
- Using a bridge loan while waiting for the completion of a sale that you already have
- Buying industrial units in the area of Barnwood or Quedgeley
- Finishing auction purchases which have a short completion deadline
- Helping business relocation throughout Gloucester and the neighbouring areas
- Turning period homes into stylish rental properties
Areas we serve in Gloucester
- Longlevens
- Kingsholm
- Abbeydale
- Barnwood
- Podsmead
- Linden
- Tredworth
- Hempsted
- Quedgeley
- Hardwicke
- Matson
- Churchdown
- Innsworth
- Hucclecote
- Highnam
- Brockworth
- Alney Island
- Wotton
- Gloucester Docks
- Gloucester City Centre
“I obtained £178,000 to buy a rental property near Gloucester Docks in a highly competitive period. The procedure was steady, and the money came at the right time.”
Robert Lewis – Investor, Gloucester Docks
“I gathered £93,000 to cover short-term costs relating to the expansion of my distribution unit in Barnwood. The communication was very friendly and efficient from the get-go, and everything was in order.”
Susan Carter – Business Owner, Barnwood
“I needed £355,000 to do a refurbishment in Longlevens. Goldhill Finance handled the request professionally and released the funds as per the project timetable.”
Patrick Evans – Property Developer, Longlevens