Bridging Finance
Short-term lending to keep your project moving
3 hours
Enquiry to Decisions in Principle
- LTV calculated on Open Market Value (OMV)
- Rates from 0.65%
- Funding up to 75% LTV
About Oblix Capital bridging loans
Bridging loans are short-term finance designed to “bridge” the gap between stages of finance. For example, a development exit loan may help your client to find a buyer for their project, or a refurbishment bridge may help them to carry out works on an existing property before selling at a profit.
Oblix Capital Bridging Finance Products
Residential bridging
Our residential bridging loans, from auction purchase to refinancing with capital raising
Refurbishment bridging
From light to heavy refurbishment projects, including extensions and conversions
Commercial bridging
For properties with a business, or part-residential and part-commercial, use
Permitted development
For property purchases ahead of converting from commercial to residential
Development exit
Finance designed to give developers more time to sell newly developed residential properties
Land with planning
Development or restructure of existing residential property with planning permission
Second charge bridge
Bridging loans secured on properties with a first charge in place
Calculators
Use our bridging loan calculators to see if your case fits with Oblix Capital.
Case study
Commercial bridge to development wrap loan
An experienced property developer needed finance for his latest project. The client was looking to purchase a vacant four-floor commercial office building in East Midlands, with a view to tweaking the planning, to convert into an 86-bedroom student premises.
Oblix sat down with the developer, and created a product which allowed him to initially purchase the site, and later convert into a full development loan. The property was valued at £4.9m, and the borrower required a loan of £2.9m, over 18 months.
Talk to an expert about your project
Complete our application form, or call us direct on: 020 7495 1927
Get an indicative quote
Use our calculators to see if your case fits, and receive a quick quote.
Don’t forget, we’re the home of creative real estate lending, so speak to one of our team if it doesn’t quite work at first glance.