We get countless enquiries from customers who wants to know whether they can get a bridging loan anywhere in the UK. Some are looking for finance in Scotland, others in Northern Ireland \u00a0and many in England and Wales. We even hear from prospective borrowers who want to use a bridge loan to invest in property overseas.\r\n\r\nThat\u2019s why we\u2019ve put together this guide outlining where bridging loans are available in the UK, where you might struggle to get them, and how to secure one for overseas investment.\r\n\r\nThe following topics are covered below\u2026\r\n<ul>\r\n \t<li><a href="#bridge-anywhere-UK">Can I get a bridging loan anywhere in the UK?<\/a><\/li>\r\n \t<li><a href="#bridging-loans-London">Bridging loans in London<\/a><\/li>\r\n \t<li><a href="#max-ltv-bridging">What is the maximum LTV on a bridging loan?<\/a><\/li>\r\n \t<li><a href="#bridging-loan-eligibility">Bridging loan eligibility criteria<\/a><\/li>\r\n \t<li><a href="#bridging-loans-scotland">Bridging loans in Scotland<\/a><\/li>\r\n \t<li><a href="#bridging-northern-ireland">Bridging loans in Northern Ireland<\/a><\/li>\r\n \t<li><a href="#international-bridge-loans">Bridging loans for overseas investment<\/a><\/li>\r\n \t<li><a href="#speak-to-bridging-expert">Speak to a bridging finance expert<\/a><\/li>\r\n<\/ul>\r\n[feefo-banner]\r\n<h2 id="bridge-anywhere-UK">Can I get a bridge loan anywhere in the UK?<\/h2>\r\nBridging loans are available across most of the UK, but some lenders place restrictions and have specific rules that only apply in certain locations, including\u2026\r\n<ul>\r\n \t<li>London<\/li>\r\n \t<li>Scotland<\/li>\r\n \t<li>Northern Ireland<\/li>\r\n<\/ul>\r\n<h2 id="bridging-loans-London">Bridging finance in London<\/h2>\r\nBridging finance is readily available in most of England and Wales\u2019 major towns and cities, such as Manchester, Birmingham, Blackpool and many other locations.\r\n\r\nThose in the market for bridging loans in London will also have a wide variety of lenders to choose from, as most operate there. Indeed, London might be your only option with a minority of lenders as there are bridging providers with minimum loan\/property values so high that only projects in the UK capital will meet their eligibility requirements.\r\n\r\nIf you\u2019re looking for the top bridging loans in London with the best rates, get in touch and the whole-of-market <a href="https:\/\/www.onlinemortgageadvisor.co.uk\/bridging-finance\/bridging-loan-broker\/">bridging loan brokers<\/a> we work with will connect you with the lenders offering them.\r\n<h3 id="max-ltv-bridging">What is the maximum LTV for bridging loans in England?<\/h3>\r\nMost UK bridging lenders cap LTV (loan to value) at 70-75% for deals with minimal risk, and this applies across England.\r\n\r\nFor higher risk deals, some lenders place a strict cap on LTV, dropping it to anywhere between 65% and 50% of the gross loan amount, which means you would usually need a deposit of more than 35%.\r\n\r\nIt is possible to get 100% LTV bridging loans from some UK lenders, but this would require putting up additional assets\/properties as security. Most providers are happy with multiple security, but they may expect you to pay additional valuation fees in these scenarios.\r\n<h3 id="bridging-loan-eligibility">Getting the best rates - what is classed as a low risk bridging loan?<\/h3>\r\nWhether you\u2019re looking for bridging loans in Middlesex, Hertfordshire, London, or anywhere else in the UK for that matter, getting the best rates is all about being viewed by the lender as a low risk borrower, and you can do this by meeting their eligibility requirements.\r\n\r\nAll bridging loans are judged on a case-by-case basis, but the majority lenders reserve the most favourable rates for customers with the following\u2026\r\n<ul>\r\n \t<li><strong>A strong exit strategy:<\/strong>\r\nYou\u2019re unlikely to get a bridging loan of any kind without evidencing an exit strategy, and the more likely it is to pay off, the better as far as the lender is concerned. When a bridge loan is used for property investment\/development, the exit is usually a remortgage or the sale of the property in question, so expect the lender to scrutinise the project to determine how sellable the property is or how much it could remortgage for. They will need to see that your plans are realistic and profitable enough to settle the loan amount in full.<\/li>\r\n \t<li><strong>Clean credit:\r\n<\/strong> Bad credit isn\u2019t a deal-breaker for some bridging lender as there are providers who would be willing to overlook it if the exit strategy is strong. That said, clean credit can help you get the best rates. Certain lenders might turn away borrowers with adverse if the exit strategy is a remortgage, and underwriters may be concerned about the possibility of further adverse during the loan term for example, if you're in a debt management plan defaults may register later on your credit file but it may still be possible to <a href="https:\/\/www.onlinemortgageadvisor.co.uk\/bad-credit-mortgages\/debt-management-plan-mortgage\/">remortgage with a debt management plan<\/a>.<\/li>\r\n \t<li><strong>Experience in property:<\/strong>\r\nAlthough there are bridging lenders who specialise in first-time investors, having experience in property will help you convince the provider that your project is low risk. Indeed, some lenders will insist on experience if it\u2019s a complex development project and may request evidence of past projects.<\/li>\r\n<\/ul>\r\nAbove all, the lender will be keen to see that the investment is viable, and they\u2019ll judge that by looking at the above factors as well as other variables such as the scheme\u2019s location, as this can affect sellability. Make an enquiry for more information about eligibility.\r\n<h2 id="bridging-loans-scotland">Bridging loans in Scotland<\/h2>\r\nIf you\u2019re looking for bridging finance in Scotland, this may call for a specialist lender as not all of them are willing to provide loans for projects north of the border.\r\n\r\nSome of the bridging lenders that do cover Scotland will place restrictions on certain postcodes. Bridging loans in Glasgow, for example, are available to eligible borrowers but you might struggle to find a provider that covers the Scottish Highlands.\r\n\r\nFor projects in mainland Scotland, you\u2019re looking at the same rates and criteria as you\u2019d get in England. Loan to value (LTV) will only differ if it\u2019s a particularly complex project - for instance, a land bridging finance deal in Edinburgh might come with capped LTV, as land purchases, in general, are considered higher risk than property bridging loans.\r\n\r\nAs fewer lenders cover Scotland, it's important to seek whole-of-market advice before taking out a bridging loan there, especially if you have previous bad credit, speaking to a <a href="https:\/\/www.onlinemortgageadvisor.co.uk\/bad-credit-mortgages\/bad-credit-mortgages-in-scotland\/">bad credit mortgage broker<\/a> who understands your circumstances and knows the market will significantly increase your chances of having the best rates available.\r\n\r\nGet in touch and the advisors we work with will connect you with the lender best equipped to provide a bridging loan to somebody in your circumstances.\r\n\r\nIf the purpose of your bridging loan is to buy property that you plan to eventually mortgage, see how guide to <a href="https:\/\/www.onlinemortgageadvisor.co.uk\/mortgage-application\/getting-a-mortgage-in-scotland\/">mortgages in Scotland<\/a>.\r\n<h2 id="bridging-northern-ireland">Bridging loans in Northern Ireland<\/h2>\r\nBridging finance in Northern Ireland is certainly possible to obtain, but you may find that your lender options are as restricted as they would be up in Scotland.\r\n\r\nThis is because there are only a minority of bridging finance lenders who cover Northern Ireland, and even they only agree to certain postcodes.\r\n\r\nYour chances of finding one will increase if it\u2019s an unregulated bridging loan you\u2019re after - i.e. one for investment\/commercial purposes - but specialist advice is still recommended.\r\n\r\nIf the purpose of your bridging loan is to buy a property that you plan to eventually mortgage, see our guide on <a href="https:\/\/www.onlinemortgageadvisor.co.uk\/mortgage-application\/mortgage-northern-ireland\/">mortgages in Northern Ireland<\/a>.\r\n\r\nTo find the best bridging loans in Ireland, make an enquiry and the whole-of-market advisors we work with will connect you with the right lender.\r\n<h2 id="international-bridge-loans">International bridge loans<\/h2>\r\nA minority of bridging lenders would be willing to offer you a loan to secure an overseas property. Here\u2019s how that would work: if you\u2019re seeking a property in Australia, for example, you could secure a bridging loan against a UK-based property or asset you already own, and use the funds to snap up a new property in Oz ahead of a rival buyer.\r\n\r\nThe loan could either be settled via a remortgage through an international lender, the sale of the UK-based assets (assuming that fits in with the timeframe) or through a \u2018non-standard\u2019 exit strategy, such as using investments, endowments or inheritance to settle the loan.\r\n\r\nSome lenders will approve a non-standard exit, but will expect to see proof that the funds are due to enter your bank account within a certain timeframe (usually a matter of months), and may charge interest daily, rather than monthly.\r\n<h3>International bridging lenders<\/h3>\r\nAlternately, the advisors we work with have access to international bridging lenders who can provide\u2026\r\n<ul>\r\n \t<li>Bridging loans in France<\/li>\r\n \t<li>Bridging loans in Spain<\/li>\r\n \t<li>Bridging loans in Portugal<\/li>\r\n \t<li>Bridging loans in Italy<\/li>\r\n \t<li>Bridging loans elsewhere in Western Europe<\/li>\r\n \t<li>Bridge financing in the US and Canada<\/li>\r\n \t<li>Bridging loans in South Africa<\/li>\r\n<\/ul>\r\nThere are also specialist international bridging lenders who may consider offering the following on a case-by-case basis\u2026\r\n<ul>\r\n \t<li>Bridging finance in NZ<\/li>\r\n \t<li>Bridge loans in India<\/li>\r\n \t<li>Bridging loans in Singapore<\/li>\r\n \t<li>Bridging loans in Malaysia<\/li>\r\n \t<li>And bridging loans in many other international territories<\/li>\r\n<\/ul>\r\nThe minority of bridging providers who offer loans for international projects will judge each application on its own merits measuring up the potential risk vs. rewards on offer and the strength of the exit strategy.\r\n\r\nWhether you\u2019re seeking a bridge loan for a mortgage in Canada or international bridging finance for to invest in a property in California, get in touch and the whole-of-market advisors we work with will connect you to the right specialist lender.\r\n<h2>Can I get a bridging loan for a buy to let property outside of England?<\/h2>\r\nYes, there\u2019s no reason why the lenders who cover Scotland, Northern Ireland and further afield won\u2019t consider a bridge to let application.\r\n\r\nThe maximum LTV on these deals is usually 75% and you can expect the lender to offer you a decision in principle on the buy to let aspect of the agreement while the bridge loan is being arranged. The valuation, and every other element of the buy to let mortgage, must meet the lender\u2019s standard criteria for these products.\r\n<h2>Can I get a bridge loan outside of England if I trade as a Ltd company?<\/h2>\r\nAgain, there\u2019s no reason why a specialist lender who offers bridge loans outside of England would turn away a limited company borrower if they meet the eligibility criteria.\r\n\r\nLimited company bridge loan applications are treated similarly to <a href="https:\/\/www.onlinemortgageadvisor.co.uk\/buy-to-let-mortgages\/mortgages-for-limited-companies\/">Ltd company buy to let<\/a> applications by most lenders, and subject to the same criteria. For instance, some will ask for personal guarantees from the company directors before releasing the funds.\r\n\r\nThe Ltd company doesn\u2019t necessarily need to be a special purpose vehicle (SPV) for bridging finance, though it may improve your chances of landing a deal if you are set up that way.\r\n<h2>Can I get a second charge bridge loan outside of England?<\/h2>\r\nA favourable deal might be difficult to come by as many lenders do not offer second charge bridging loans. Some specialists do, but the rates can be even higher.\r\n\r\nThat said, with whole-of-market access, it may be possible to find a provider that covers regions outside of England and offers favourable deals on second charge bridging loans, so make an enquiry and the advisors we work with will track down the best deals.\r\n<h2 id="speak-to-bridging-expert">Speak to a bridging loans expert<\/h2>\r\nWhether you\u2019re seeking a Scottish bridging loan, the best bridging loans in London or bridging finance to invest in a project much further afield, call Online Mortgage Advisor today on 0808 189 2301 or make an enquiry <a href="https:\/\/enquiries.onlinemortgageadvisor.co.uk\/match-me-with-a-bridging-finance-specialist\/">here<\/a>.\r\n\r\nThen sit back and let us do all the hard work in finding the bridging finance lender with the right expertise for your personal circumstances.\u00a0We don\u2019t charge a fee and there\u2019s absolutely no obligation or marks on your credit rating.