Applying for Bridging Loans for UK Property with Blue Square Capital is a simple process designed to provide fast and efficient funding for your property needs.

Here’s how you can secure up to £2 million for your UK property purchase or development:

Reach Out To The Team

Start by contacting the team to discuss your needs.

You can inquire via our website or connect directly with our team. We’ll want to know details about the property you want to fund and your intended use of the loan, including your exit strategy.

Call us on + (44) 20 3912 8360 or email us at [email protected]

Get an Immediate Quote

We offer indicative quotes within 24 hours.

In order to do this, we’ll need you to provide details such as:

• The type of property (residential, commercial, or mixed-use).
• The property location (must be in England or Wales).
• Your financial requirements and clear repayment or exit strategy (e.g., selling a property or refinancing).

Once we have this information, you will hear back from us as quickly as possible.

Submit Your Application

Once you have approval to proceed, prepare and submit the necessary documents.

We will need to see:

• The property’s market value.
• Your planned timeline and use of the loan (e.g., property purchase, renovation, or development).
• Financial plans, including associated costs such as legal fees, stamp duty, or construction expenses.
• Your exit strategy.

Whilst we do look at credit history, we are much more interested in your plans for the project and how you plan to repay the loan.

Underwriting and Valuation

Once your application is submitted, the underwriting team will conduct due diligence.

We will then work with you to sign any legal documents needed to secure the bridging loan.

Approval and Completion

We aim to complete the process within 2 weeks, providing you with fast access to funds.

Loans are issued as a single lump sum, allowing you to move quickly on your property purchase or development project.

At Blue Square Capital, we offer competitive interest rates for Bridging Loans for UK Property, starting from 0.95% per month. These rates are fixed throughout the loan term, providing clarity and predictability for borrowers.

Additional costs to consider include:

• Arrangement Fees: Typically 2% of the loan amount.
• Admin Fee: £999.
• Valuation and Survey Fees: Costs vary depending on the property.
• Solicitor Fees: Depend on the complexity of the project.
• Bank Transfer Fee: £25.

Flexible Repayment

Blue Square Capital allows early repayment of bridging loans, offering borrowers the flexibility to repay as soon as their funds are available.

We do not charge early exit fees to our customers.

Bridging loans with Blue Square Capital can be used to buy properties such as:

• Residential property
• Retail units
• Semi-commercial property
• Mixed use property
• Shops
• B&Bs
• Care homes
• Guest houses
• Hotels
• Offices
• Property in a poor state of repair

Yes, you can use a bridging loan to buy property at auction, and it is one of the most common reasons borrowers choose this type of financing.

Auction buys often need quick access to funds, as buyers typically have only 28 days to complete the transaction.

With a bridging loan from Blue Square Capital, you can:

• Secure Fast Funding: Receive up to £2 million within as little as two weeks to meet auction deadlines.
• Cover Auction Deposits: Use the loan to pay the required deposit and complete the purchase quickly.
• Purchase Properties in Any Condition: Bridging loans are ideal for properties that may not qualify for traditional mortgages, such as those in need of renovation or development.

We handle every customer enquiry on a case-by-case basis and being an independent private bridging loans lender allows us to take a view on all personal circumstances and backgrounds. 

To improve your chances of approval, we always encourage customers to have a clear strategy and exit plan for their bridging loan. The use of due diligence, financials and well-thought costs (building, construction, stamp duty, legals) can help strengthen your application and having a property as security that is valuable and in good condition provides a strong foundation.

We do not use credit checking as the determining factor for your loan – but rather we are interested to hear your plans for the property and its potential value.

Blue Square Capital provides Bridging Loans for UK Property across the entire regions of England and Wales.

We service all major cities, including:

London, Birmingham, Manchester, Liverpool, Leeds, Brighton, Cardiff, Sheffield, Bristol, Nottingham, Norfolk, Newcastle, Exeter, Leicester and more.

If you’re looking to apply for a Bridging Loan for UK Property, contact our team today for advice and support.

Can I apply for a bridging loan for properties in Scotland or Northern Ireland?

Currently, Blue Square Capital provides Bridging Loans for UK Property exclusively in England and Wales. Properties located in Scotland or Northern Ireland are not eligible for our bridging loan services.

Can I use a bridging loan for property renovation or development?

Yes, bridging loans are regularly used for property renovation or development projects.

Whether you’re planning to refurbish a property to increase its value or renovate, our bridging loans offer the flexibility and fast funding you need to complete your project.

Do you work with bridging loan brokers?

Absolutely, we work with a huge network of bridging loan brokers, providing funding for their clients.

If you’re a broker looking to connect with the team, drop us an email on [email protected] to connect today.

What happens if I can’t repay my loan on time?

If you can’t repay your bridging loan on time, there may be late fees and penalties.

Ahead of this, we would encourage you to refinance under new terms to avoid these charges. However, if you default on the loan, this could lead to repossession of the property used as security. However, this is a last resort and having a good credit score will help to prevent this.

Do I need a good credit score to apply for a bridging loan?

Whilst we do take credit scores into account, we are more interested in the property’s value, your repayment strategy, and the strength of your exit strategy.

Having a low credit score does not mean your loan will be automatically rejected.

Do you offer regulated or unregulated bridging loans?

We offer unregulated bridging loans, which allow us to give quick approvals with flexible terms on a case-by-case basis.