Bridging Finance...

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Where advice is required in this area, Park Grove Mortgages are able to refer you to a suitable partner. For more details, please contact us on 0333 666 1066.

Bridging Finance is not regulated by the Financial Conduct Authority.


Bridging Finance would normally be used to 'bridge' the funding (and potentially also the time) gap between the sale of one property and the purchase of another, allowing individuals (or businesses) to purchase the second property before selling their current property.

Additionally, in recent years, use of bridging has been extended to wider purposes,;

    • Purchasing property at Auction, where speed may be of the essence
    • Land purchase (with/without planning permission)
    • Property refurbishment or development where obtaining alternative finance may prove difficult or more expensive
    • Help buying property abroad


Generally Bridging Finance is expensive compared to most other forms of finance, due largely to the risks and short-term nature of the deal. Costs vary depending on the security offered and the level of borrowing, but typically rates would be anything from Bank Base + 2% to 1.25% per month. Often there are also up-front arrangement fees and sometimes even exit fees - all are negotiable, of course, which is where we at Park Grove Mortgages come in.


We firstly take the specific requirements of your case, (including details of all assets and liabilities, time scale, purpose, security, etc. although not necessarily income details) and refer you to a specialist who we think best suits, for you to pursue directly.

Please contact us on 0333 666 1066 or email us (