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Bridging Finance

GPS Financial

Visit our website Contact Us 029 2271 5192
Industrial Unit with roller shutter doors
A London street of three story terraced properties with office / retail on ground floor and residential above.
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What is a Bridging Loan?

The definition of a bridging loan is short term finance, and it’s used to bridge the gap
between getting a long term mortgage and just getting the property ready for a long term
mortgage.

Can anybody apply for a Bridging Loan?
Anybody can apply for a bridging loan, but it is a specialist form of finance and is high
interest. You need to know what you’re doing as well as how you’re going to repay it.

What can Bridging Loans be used for?
Bridging Loans are used for fast purchases of derelict or substandard properties, which
developers are looking to either put back into general stock, refurbish, convert or sell for
profit.

You can use Bridging Loans for a variety of circumstances, but generally for property
development. For example, if you’re buying a property to convert into multiple flats, you
would buy it with some sort of bridging finance to begin with, do the conversion, then move it
onto a long term mortgage. If you’re looking at a commercial property for yourself and you
need to get that property ready for your business, then you can also use Bridging Loans for
that purpose.

If you’re in a part of a big residential housing chain, and want to purchase your dream
property, but your sale is taking longer than expected, you can use a Bridging Loan to break
that chain and purchase the property quickly.

GPS Financial was founded in 2011. The aim? To end the stress along with all the paperwork and misinformation of mortgaging your property. Giving you peace of mind while you sit back and let us do all the work for you while finding you the best deal for your financial situation.

GPS Financial are a friendly team of specialised brokers with combined decades of experience, access to all the leading lenders ensuring you receive the best possible value and the best possible service.

Our Values

Passion – Here at GPS Financial we are passionate about the work we do and the results we produce. There’s no case too big or too small for us to take on, we’ll take on any challenge. Complexity is our speciality.

Helpfulness – We care about the success of our clients. We’ll work our hardest to ensure you’re happy with the service we provide and the results we produce. We will work day and night to make the greater good happen.

Dependability – We’re always open to new challenges, taking them head on with our decades of experience. Thinking outside of the box we’re happy to take on any case, adapting to the changing property market.

Our Vision

Our vision is to excel, grow and be the best mortgage broker in our community by being the first choice for our clients and referral partners, and becoming the go-to broker for all their mortgage financing needs.

Our Mission

GPS Financial is a whole of market mortgage broker, who provides a comprehensive search of products from across the market to provide our clients with the best solution for your their mortgages needs requirements with professionalism and integrity. We have a proven record for excellent customer service and continue to strive to do the very best for our customers.

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