Distinct Finance
Channel Island Lending Specialists
We provide bespoke funding solutions to assist with a variety of requirements
Loans from £25,000 to £1,000,000+
Interest only repayments
Interest rates from 7% per annum
Flexible repayment terms
6 months to 3 years +
Interest paid monthly or rolled until maturity
What are Bridging Loans?
Bridging loans are a type of short-term property finance, designed to bridge a gap in funding before long-term finance can be put in place, such as a mortgage or the proceeds of a property sale.
They are most commonly used to buy a new home before your current property has sold, purchase a house quickly at auction, or fund renovations on a property.
While in the past bridging loans have typically been used by development companies and property flippers, they are now much more accessible to everyday homebuyers and are frequently used in residential property transactions.