Property prices are climbing, and the turnaround of finances is getting tighter. If you’re a property investor or developer in the Kent area, a bridge loan could make your property goals a reality.
Bridging loans are specialist loans that are designed to bridge the financial gap between offer and completion. Bridging loans are short-term loans that can help support you in your property ventures. You can use bridging loans for buying auction property, developing property, business purposes, or even refurbishing a property to secure a mortgage.
If you are looking to develop property in Kent or the surrounding areas, bridging loans with Glide are worth considering for a variety of reasons. Property prices are getting increasingly higher, and this can lead to unsubstantial funding, tighter deadlines, and stress meeting financial obligations.
Having secured your bridging finance can literally bridge the financial gap, secure your development property, and see you meeting those quick turnarounds with ease. Glide loans are straightforward, simple, and can be completed within 5 days.
Bridging loans are ideal for purchasing business or commercial property in the Kent area. Securing a bridging loan with Glide can see you with funds within 5 days, help you to meet quick turnarounds, and help you to secure your ideal property.
Glide are 100% privately funded and can make decisions other lenders cannot. Never miss an opportunity with bridging loans from Glide. You can apply online in less than 5 minutes and see yourself funded in as little as 5 days.
Bridging loans are used mainly for businesses purposes by property investors and developers. Bridge loans can be used for:
Quick cash injection
to fund a project
Quick investment opportunities
Short term capital
At Glide, we want to offer everyone the opportunity to actualise their visions and secure their property goals. We do not have an ‘ideal’ borrower in mind, and we will make our decisions based on your unique circumstances. All we ask for is the LTV of the security property and a viable exit strategy.
If you have previously been denied bridging finance, a Glide loan could help you to bridge that financial gap and achieve your property goals much easier.
At Glide, we don’t ask for silly lending criteria in order to borrow from us. We consider all applications, including ‘unconventional’ or non-typical borrowers. Apply online to receive your unique terms.
If you’re a property developer or investor in Kent, a Glide loan can help you bridge the financial gap, secure that property and see you funded in as little as 5 days.
Bridging loans are used primarily for business purposes but property investors and developers. The main aim of a bridge loan is to ‘bridge’ a financial gap.
For auction properties, for example, you have a 28-day period to complete the purchase. However, if you did not have the funding ready to go, a bridge loan can pay this off for you while you arrange the rest of your finances. Meaning you can secure the property and have some time to figure out your finances. This is especially useful with expensive or in demand property in Kent. The difference between securing your ideal property or losing it, often, is funding.
At Glide, we offer bridging finance to everyone. If you’re an ‘unconventional’ borrower, a Glide loan may be right for you. If you’re looking to invest or develop in Kent, contact Glide for fair bridging solutions.
Other instances to use a bridging loan include purchasing an un-mortgageable property. You will not be able to secure a mortgage on some properties, which can leave funds scarce. Using bridging loans to bridge this gap can ensure you secure your ideal property and have enough cash to fix it up and get it into a mortgageable state, secure a mortgage and pay off your bridge loan.
Alternatively, you may need short term funds on a basis of only a month. Bridging finance with Glide sees you funded for as little as you need, we don’t have a minimum term. Need it for a month, you’ll only pay interest on that month – no minimum terms here.
Glide were approached by a borrower who was purchasing a property for £2.5 million and had a buy-to-let mortgage for £1 million all lined up ready to go. At the 11th hour an issue arose during the legal due diligence that meant the borrower was unable to complete, and at risk of losing their £250,000 deposit.
Glide stepped in to lend the £1,000,000 with no arrangement fees (saving the borrower £20,000) and were able to complete in just 3 days. The borrower then had the time to resolve the issue and refinanced onto the long term buy to let mortgage 3 weeks later, saving them £250,000 in their deposit, several sleepless nights, and ongoing hassle!
Other funding options may incur unreasonable charges, hidden fees and fixed contracts that make you pay more than you need to. At Glide , our bridging finance is fee free, secured on no minimum term, and we work with you to find a solution that works for both us and you. A Glide loan is the easiest way to secure your development or investment opportunities in the Kent area.
Also, did we mention we’re fee free? Save yourself unnecessary costs and apply online today.
At Glide, we provide reasonable bridging solutions in the Kent area
Our bridging loans can be
taken out for a period of
up to 12 months
We offer funding of
£50,000 - £20 million
We’re fee free! No
hidden fees, no sneaky
Interest rates from 0.85%
We consider each
application based on
We do not have an
Our application process is incredibly straightforward and can be completed online in less than 5 minutes. After that, we can send you a decision in principle the same day.
Our application process is entirely online and can be managed online in our Glide Portal.
We make our decisions solely on the property you secure the loan against and your exit strategy. We do not check your credit history, nor will we ask you to jump through hoops to secure a loan.
We offer bridging loans to everyone. If you’re an ‘unconventional’ borrower, a Glide loan may be right for you. We’ve written a blog on ‘unconventional’ borrowers, you can read it here.
We have no formal guidelines for who we can borrow to. Our decisions are based solely on your unique circumstances, the property the loan is secured against, and your exit strategy.
We are 100% privately funded and have the ability to make fast and flexible decisions.
If you’re accepted, we secure the loan against your property or another property with an acceptable LTV. Should you fail to repay your loan or adhere to an acceptable exit strategy, your property may be repossessed.