Bridging Loans
Southampton

No upfront fees

Apply in under 5 minutes

Access funds in 5 days

No minimum loan term

Apply Now
London Skyline
Bridging loan

As Europe's largest cruise ship terminal, where two million cruise ship passengers call each year, Southampton is a bustling and vibrant city. It has been named one of the 'top ten buy-to-let hotspots', which makes it an ideal place to begin property development. However, as a city in the South of England, property prices can be slightly higher. Moreover, property prices have continued to rise by 1.5% over the past year and by 48% over the last decade

If you are considering Southampton as the home of your next development project, a bridge loan with Glide could be perfect to get you started. A bridge loan is a short-term finance option that allows property professionals to literally ‘bridge’ the financial gap between purchasing a property and securing more permanent funding. An example of this could be waiting for the release of funds from a previous property sale.

Never miss out on an investment opportunity again with a short-term bridge loan with Glide. Apply online in as little as five minutes and receive your response the same day. Also – we’re fee free!

Access bridging finance for commercial properties

A bridge loan can be used for a variety of purposes, from chain break scenarios, renovating inhabitable properties, purchasing property at auction, or financial support when quick turnarounds are expected and you do not have firm funding.

A Glide bridge loan is designed to offer fast and flexible funding for property professionals to help you to meet tight deadlines, quick turnarounds, and financial obligations associated with your commercial property purchase.
Waiting for payments from previous developments can slow things down and sometimes even halt the entire project.

A Glide bridge loan gives you access to 100% privately funded finance, designed for property developers and investors in the Southampton area. Contact our team to learn more about how we can help you to achieve your Southampton property goals.

Apply Now
Abstract people-07-alt

Who can bridging loans help?

Bridging loans are designed for property professionals, such as developers and investors, to help bridge the financial gap and have quick access to finances to help secure their property development goals.

When dealing with property, the pressure is high, funding is tight and deadlines are always around the corner. Never miss an opportunity with fast, flexible, short-term bridging finance with Glide.

Glide does not have an ‘ideal’ borrower and we pride ourselves on offering fair lending options to even novice property developers. If you see the potential in a property, we do too. Our bridge loans are secured against the LTV of the property and, provided you have an approved exit strategy, you will be accepted.

Bridging loans are used for commercial and business purposes, usually to fund the below:

Purchasing property at auction

Converting properties (i.e., barn conversions)

Quick cash injection
to fund a project

Updating un-mortgageable properties

Renovation/developments

Quick investment opportunities

Short term capital

Tax repayments

Honour obligatory
payments

We’ll give you an example below.

A Glide bridge loan could be used for purchasing auction property. When you purchase property at auction, you have a 28-day period to complete the purchase. For instances where you do not have the funding ready to go, you can apply for a bridge loan to pay this off until you have access to more secure funding. For example, the sale of a previous property.

Your Glide loan will allow you to confidently bid on your Southampton auction property, secure the property, and begin your development. You can take out a Glide bridge loan for up to 12 months, which gives you plenty of time to organise other finances to pay off your bridge loan.

Other instances to use a bridge loan include purchasing a property that is un-mortgageable. Some properties where a mortgage can not be secured can leave funds scarce and tensions high. Use a fast bridge loan with Glide to bridge the gap, purchase your property, and begin funding the necessary renovations to ensure your property is in a mortgageable state.

Once you have your mortgage approved, you can use this to pay off your loan and begin enjoying the rewards of property development.
Alternatively, you may only need finance for as little as a month.

Glide can help with this too. We’re a fee-free lender and we won’t make you pay interest for longer than you need. If you only need to borrow for a month, you only have to pay for a month.

For reasonable lending that can help you achieve your property goals in Southampton, apply for a fee free bridge loan with Glide.

Apply Now
approval
abstract people-02

Why use Glide bridge loans in Southampton?

Glide works alongside property professionals to help you achieve your goals, secure funding, bid confidently, and unlock the potential of your property development.

Aside from a friendly team and flexible lending options, your bridging loan will also include:

• No fees!
• No minimum term – borrow for a month and pay for a month
• Minimal application fuss – paperless application all online in our helpful portal
• Applying takes less than five minutes and you receive your response the same day
• Funds released in as little as 5 days
• Glide lends to everyone – even ‘unconventional’ borrowers.
• You will always be put into contact with a decision maker from the moment you get in touch with us.


Our Bridging Loans

01

Our bridging loans can be
taken out for a period of
up to 12 months

02

We offer funding of
£50,000 - £20million

03

We’re fee free! No
hidden fees, no sneaky
costs

04

Interest rates from 0.85%

05

We consider each
application based on
individual circumstances

06

We do not have an
‘ideal’ borrower

Apply Now

The Application Process

Our application process is incredibly easy and can be completed in five minutes or less. Once you’ve applied, you will receive your response the same day.

The application process is entirely online and can be managed in our helpful online portal.

Our lending decision is made solely on the LTV of the property and your exit strategy. We don’t check your credit history and we won’t ask you to jump through a million hoops.

If you have been denied bridge loans elsewhere, apply with Glide. We offer loans to even unconventional borrowers.
We don’t adhere to formal guidelines to decide whom we lend to. Glide consider each application.

We are 100% privately funded and we can make decisions other lenders cannot.

If you are accepted for a Glide loan, we secure the loan against the property or another property with an acceptable LTV. Should you fail to repay your loan, or should your exit strategy fail, your property is at risk of repossession.

 However, Glide works with everyone to find a solution that suits you and us.

For more information on how Glide can help you with your next property success story in Southampton, apply online or get in touch. Our team would be happy to help you.


Apply Now
Bridging loan
Head office Address: G4, 10 Whittle Road, Wimborne, BH21 7RU
Glide is a trading name of Glide Property Finance Ltd.
Glide Property Finance Ltd. trading as Glide is registered in England and Wales. Company number 15030064.
Glide are not regulated by the Financial Conduct Authority; certain types of loans are not regulated, for example loans for business purposes. Glide only offer loans for business purposes.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR PROPERTY.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
crossmenucheckmark-circle