Lending decisions are based on lending criteria and, where applicable, subject to credit check and an assessment of individual circumstances.
* The actual rate and loan-to-value offered may vary based on your individual circumstances. Fees will apply. Although we endeavour to lend within the shortest possible timescales, this is not always achievable in 100% of cases.
Whether you're looking to manage cash flow or capitalise on an opportunity, our bridging loans are the ideal solution for getting that short, sharp cash injection you need to go from opportunity to investment - fast.
Repayable over 12 months with no early repayment charges (ERC) included, our bridging loans provide short-term cover while you wait for your existing property to be sold or longer-term financing to be arranged.
Your bridging loan can be secured against a range of residential and commercial properties.
We helped a care home provider secure the site of a brand new luxury care home, which will provide homes for 72 people living with dementia, and up to 130 jobs for local people.
A Scottish care group wanted to create more than 2,000 care home places across the UK by 2025, and the organisation had set its sights on the site of a former hospital in West Yorkshire to boost their ambitious expansion plans. The new-build facility would provide residential, nursing and care for 72 people living with dementia, and feature a cinema, spa and champagne spa, plus facilities for local community groups to use. They needed a lender with experience in the sector to aid their latest venture.
Impressed by our customer’s vision for the site, and their strong track record of creating community-centred accommodation, we worked with them to fund the purchase of the site using a commercial bridging loan.
From ambition to fruition, concept to completion - we know that there's no time to waste in business. That's why we’ll work flexibly and make a quick, common sense decision – all aimed at giving you peace of mind and help you get moving, whatever your property goals.
You can use a Together bridging loan for a variety of scenarios. Perhaps you want to:
Whatever you choose to use your bridging loan for, you’ll have up to 12 months' to repay the initial loan in a lump sum. And we can secure your loan against:
Do you want to understand the potential cost of your mortgage or loan?
We can give you an idea of the monthly costs with just a few details like the property value, your deposit amount and how long you need the loan to last.
Find out hereWe understand that sometimes you can’t afford to wait in business, so with bridging loans, we aim to work fast.
On average, getting a capital raise bridging loan can take just 3-4 weeks to complete but this can depend on a number of factors so it may take longer.
For example: A bridging loan of £234,600 repayable after 12 months on a fixed rate of 9.00% would require a single payment of the capital borrowed plus the accrued interest totalling £261,849.24 including fees.
The total amount payable would be £261,849.24 made up of the loan amount (£234,600), plus interest on the loan (£22,215.37); arrangement fee (£4,692.00); interest on these fees (£231.87); and the redemption administration fee (£110.00).
The overall cost for comparison is 11.6% APRC representative.
The actual rate available will depend upon your circumstances. Ask us for a personalised illustration.
All mortgages are subject to our terms and conditions.
Loans offered by Together Commercial Finance Limited are not regulated by the Financial Conduct Authority.