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Key Features

Loans up to
100% of purchase price

Terms from
1 month

Terms within
90 Minutes

Rates
from 0.45% PCM

Why take out
bridging finance

There are many reasons to take out a bridging loan. Here’s a few

  • Loans can be secured against nearly any property with any use, including residential, commercial, and land.
  • Applications are approved in days, not weeks.
  • Proof of income is not always required.
  • All deals are bespoke to the client and tailored to their needs.

How Wonder Loan Can Help

If you need quick affordable finance to get a property deal over the line fast Wonder Loan can help you with that. With loans starting from 0.40% per month we can provide an offer in principle within 90 minutes of application and then expect funds to hit your account within 7 working days. 

Our Bridging Process

Apply

Get your Offer

Legals & Important Info

Completion

Our Case Studies

Here's a couple of case studies from recent bridging completions.

The Jennings Brothers

Owners of a factory and public house in Wigan. They approached WonderLoan, as they had two particular challenges. 1. They had an urgent VAT bill to pay for £175,000. 2. They wanted to purchase a second factory. They had a combined valuation across the 3 sites of £1,6M. They had total debt of £475,000 and they had a total requirement of £875,000. We were able to take a cross charge across the 3 freehold sites and were able to complete the deal in under 3 weeks.

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The Welling Family

The owners of a hotel set in 34 acres with river and fishing rights close to Aberdeen in Scotland. The hotel had been a huge success up until the pandemic COVID-19 struck and depleted their profits. Since lockdown has been lifted they’ve seen a surge in bookings and now have a circa 93% occupancy and forward bookings for next 9 months. The hotel is valued at £6M with Bank debt and Overdraft of £2.1M. The owners want to extend the offering and build 18 timber lodges within the grounds alongside the river. They requested £4M which was granted and the deal closed in 5 weeks.

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Why take out a bridging loan?

Speed

We specialise in bridging loans which enable you to borrow up to 85% of the value of the property. We have built a team of specialist underwriters that move quickly. Whatever your circumstances, our expert team of specialists are ready to help.

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Adverse Credit Accepted

We understand that being declined for funding can be frustrating, but at Wonder Loan even if you have missed payments or have a CCJ we can help secure the funding you need.

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Auction Finance

If you've bought a property at Auction, you can't rely on the high street bank to help, they take way too long. At Wonder Loan we can complete within a matter of days so you will not lose out on your purchase.

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Tax/VAT bill

If you have an urgent HMRC bill you can use a bridging loan to pay the urgent tax demand by securing against a property you own.

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Purchasing Another Property

If the high street bank have turned you down for funding. A bridging loan is a fantastic option to secure funding to purchase a property quickly.

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Cash Injection

If you're in need of a cash injection to make a purchase for your business, a bridging loan could be a great short term solution to access cash to get your business moving again.

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FAQs on Bridging

We've processed and completed a bridging loan within 10 working days.

Yes, as long as you are open and honest with us and disclose all of your adverse credit history, we can help secure funding.

Providing it’s a commercial Freehold asset and neither you or your family have or intend to occupy the property you can borrow up to £5M at an LTV of 75%.

Yes however usually we’d ask the controlling and majority shareholders to sign a personal Guarantee.

We can only arrange Bridging in England, Scotland and Wales, excluding Northern Ireland and The Channel Islands and The Isle of Mann.

Still have any questions?
Contact Us