🏗️ Bridging Loans & Development Finance in Brentwood

🏠 Targeting a quick purchase near Brentwood/Shenfield (Elizabeth line), refurbishing in Hutton/Pilgrims Hatch, or building in Ingatestone/Warley? We arrange bridging and development facilities aligned to your schedule, leverage needs, and exit strategy. 💼

⚡ Where bridging fits

• 🏦 Auction & fast completions with funds lined up in advance.
• 🛠️ Refurb & reconfiguration from light cosmetic upgrades to heavy structural works.
• 🏢 Commercial-to-residential and other PDR opportunities.
• 🔁 Finish-and-exit ahead of moving to a sharper long-term rate.

💰 Bridging — headline terms (guide)

• LTV: 📊 Up to ~75% day-one; higher with extra security.
• Term & interest: ⏳ 3–24 months; serviced or rolled/retained.
• Security: 🔒 First/second charge depending on equity and asset.
• Exit: 🚪 Sale or refinance to BTL/commercial once criteria met.

🏗️ Development funding

• Leverage: 💹 Commonly up to 60–70% GDV and 75–80% of costs.
• Monitoring: 📋 QS/IMS stage reports, contingency, and warranties required.
• Structures: 🧱 Senior, stretched senior, and mezz for larger schemes.

📍 Brentwood context

📈 We ensure valuers see strong comps for Shenfield/Elizabeth line premiums and realistic GDV for local estates and high-street stock.

🧾 What to have ready

• 📄 RICS valuation; cost plan and scope of works
• 🏗️ Planning/PD, build programme, and draft JCT
• 👷 Contractor CVs and insurances
• 📊 Exit plan: agent letter/comps or refinance terms

📝 Application flow

1. ✅ Outline & exit agreed
2. 📑 Heads of Terms with pricing & conditions
3. 📏 Valuation/QS plus underwriting
4. 💼 Offer, legal & drawdown

❓ Bridging & Development FAQs (Brentwood)

💡 Will a 5-year BTL exit improve feasibility?

✅ Often yes — longer fixes can improve the rental stress test for the refinance exit.

🏘️ Can I bridge against multiple properties?

✅ Yes — cross-collateralising can lift effective leverage; legal and valuation steps are wider.

🏗️ Do lenders accept part-built sites?

✅ Specialists will consider part-built with QS reports, warranties, and robust cost-to-complete.

🧾 Are personal guarantees required?

💼 Usually for SPV borrowing; the level depends on leverage and risk profile.