BESPOKE BRIDGING LOAN

& SHORT TERM LENDER

SHORT LEASE

BRIDGING LOANS

KNOWLEDGE BASE

When   lending   against   leasehold   properties   High   Street   lenders   will   typically   insist   on   a   minimum   50   year   period   remaining   on   the   lease   before consenting to a loan. They will also generally require the lease to be extended at the point of completion. By   contrast,   some   specialist   bridging   lenders   are   prepared   to   take   a   much   more   flexible   approach   advancing   loans   against   a   variety   of   leasehold properties with 10 or even less years remaining on the lease. Bridging   lenders   won’t   seek   to   over   complicate   matters   and   by   giving   leaseholders   time   to   extend   the   lease   during   the   life   of   the   bridging   loan   they allow them to significantly improve the value of their property. With   sale   of   the   extended   leasehold   property   often   being   the   exit   strategy   for   redeeming   the   bridge   loan   this   flexible   approach   clearly   benefits   both borrower   and   lender   alike.   Of   key   importance   is   the   specialist   lenders   inherent   belief   in   the   strength   of   the   property   market   and   their   willingness   to look   at   each   case   on   its   merits   rather   than   making   blanket   decisions   on   defined   property   types.   With   specialist   bridging   lenders   that   consider   this type of deal there is no computer to say “no”! As   well   as   providing   the   time   and   indeed   funds   to   extend   a   lease   the   loan   proceeds   can   also   be   used   for   a   multiplicity   of   other   purposes   such   as   cash injection into a business or the settlement of creditor debts. Crucially,   short   lease   loans   can   usually   be   obtained   as   quickly   as   bridging   loans   against   more   standard   types   of   property.   Interest   rates   for   loans secured   against   short   leasehold   property   will   typically   be   a   little   more   expensive   than   those   secured   against   either   freehold   or   longer   leasehold properties    but,    as    detailed    above,    the    benefits    of    extending    the    lease    during    the    period    of    the    bridge    can    be    significant    when    it    comes    to    a subsequent sale. Still unsure and need to explore your options? Why not consult an expert? Central   Bridging   are   bridging   loan   specialists   with   a   great   track   record.   We   are   a   principal   lender   offering   a   range   of   loan   facilities   for   business   use from £250K to £2.5M over periods from 3 to 24 months. Our loans are secured on freehold property across England and Wales. Crucially   you   will   always   speak   to   a   decision   maker   who   will   take   time   to   understand   you   and   your   situation   and   unlike   some   of   the   bigger   banks   will then tailor a solution that best suits your needs rather than their own. For a confidential discussion in the first instance contact us on:   Tel 03332 400 506   Email enquiry@centralbridging.co.uk Online
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 400 506   Email: enquiry@centralbridging.co.uk   Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
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BESPOKE BRIDGING LOAN

& SHORT TERM LENDER

When   lending   against   leasehold   properties   High   Street   lenders   will typically   insist   on   a   minimum   50   year   period   remaining   on   the   lease before   consenting   to   a   loan.   They   will   also   generally   require   the   lease to be extended at the point of completion. By   contrast,   some   specialist   bridging   lenders   are   prepared   to   take   a much    more    flexible    approach    advancing    loans    against    a    variety    of leasehold    properties    with    10    or    even    less    years    remaining    on    the lease. Bridging   lenders   won’t   seek   to   over   complicate   matters   and   by   giving leaseholders   time   to   extend   the   lease   during   the   life   of   the   bridging loan    they    allow    them    to    significantly    improve    the    value    of    their property. With    sale    of    the    extended    leasehold    property    often    being    the    exit strategy   for   redeeming   the   bridge   loan   this   flexible   approach   clearly benefits   both   borrower   and   lender   alike.   Of   key   importance   is   the specialist    lenders    inherent    belief    in    the    strength    of    the    property market   and   their   willingness   to   look   at   each   case   on   its   merits   rather than    making    blanket    decisions    on    defined    property    types.    With specialist   bridging   lenders   that   consider   this   type   of   deal   there   is   no computer to say “no”! As   well   as   providing   the   time   and   indeed   funds   to   extend   a   lease   the loan   proceeds   can   also   be   used   for   a   multiplicity   of   other   purposes such   as   cash   injection   into   a   business   or   the   settlement   of   creditor debts. Crucially,    short    lease    loans    can    usually    be    obtained    as    quickly    as bridging   loans   against   more   standard   types   of   property.   Interest   rates for   loans   secured   against   short   leasehold   property   will   typically   be   a little   more   expensive   than   those   secured   against   either   freehold   or longer   leasehold   properties   but,   as   detailed   above,   the   benefits   of extending   the   lease   during   the   period   of   the   bridge   can   be   significant when it comes to a subsequent sale. Still   unsure   and   need   to   explore   your   options?   Why   not   consult   an expert? Central   Bridging   are   bridging   loan   specialists   with   a   great   track   record. We    are    a    principal    lender    offering    a    range    of    loan    facilities    for business   use   from   £250K   to   £2.5M   over   periods   from   3   to   24   months. Our    loans    are    secured    on    freehold    property    across    England    and Wales. Crucially   you   will   always   speak   to   a   decision   maker   who   will   take   time to   understand   you   and   your   situation   and   unlike   some   of   the   bigger banks   will   then   tailor   a   solution   that   best   suits   your   needs   rather   than their own. For a confidential discussion in the first instance contact us on:   Tel 03332 400 506   Email enquiry@centralbridging.co.uk Online
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 400 506  Email: enquiry@centralbridging.co.uk Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
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SHORT LEASE

BRIDGING LOANS

KNOWLEDGE BASE

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