Your home & family
Bridging for your home
If you need short-term funding secured on a home you live in, or plan to live in — for example, to buy your next home before your current one sells — different rules apply from other bridging finance. We explain them in plain English, along with the costs and how you would repay.
Why bridging on your home is different
When a bridging loan is secured on a home that you, or a close family member, live in or intend to live in, it is normally treated as a regulated mortgage. That means it is covered by the Financial Conduct Authority’s mortgage rules, in the same way most home loans are.
Bridging secured on other property — a buy-to-let, a commercial building, or a property bought to refurbish and sell — is usually not regulated in the same way. That kind of borrowing is covered on our bridging finance page.
What it means for you
- The lender must check that you can afford the loan, and that your plan to repay it — usually the sale of your current home or a new mortgage — is realistic.
- The advice you receive must meet the regulator’s standards for mortgage advice.
- If something goes wrong, you can normally take a complaint to the Financial Ombudsman Service.
- Loans are usually short — typically twelve months or less.
Bridging loans are short-term and usually cost more than a standard mortgage. Interest is often added to the loan rather than paid monthly, which increases the amount you owe. If your current home doesn’t sell, or a new mortgage isn’t available, before the loan is due to be repaid, you could face extra costs and your home may be repossessed.
“Close family member” has a specific meaning here: broadly a spouse or partner, parent, child, brother or sister, grandparent or grandchild.
Bridging for investment or business propertyWhat we can help with
- Buying your next home before selling
- Keeping a home move on track when a chain breaks
- Downsizing
- Short-term funding for works to your own home
Talk to us about bridging for your home.
Tell us a little about what you need and we’ll come back to you to arrange a conversation.
What happens next
Step 1: Tell us what you need
A short conversation about what you’re trying to achieve, your timescales and your circumstances.
Step 2: We assess the options
We review suitable lenders and products, then talk you through our recommendation and what it involves.
Step 3: We arrange the finance
We manage the application and keep in contact with the lender and other parties through to completion.
Send us an enquiry
It takes about a minute.