Bridging & Development
VIBE specialise in all areas of bridging finance, working with our lender partners who commit and are proven to move quickly in order to meet auction deadlines.
Finance for auction finance properties need to be arranged within a short time scale, more often requiring the use of specialised auction finance or bridging loans.
Our lender partners understand the importance of speed, communication and individual pricing.
Funding can be arranged either before or after the auction, giving you further flexibility and peace of mind when bidding on a property.
Auction Term Exit
If you are intending to retain the property you are arranging the auction finance bridging loan, we are able to process a term exit loan application at the same time as your short term finance loan application enabling you to pay off the bridging finance as quickly as is possible and most importantly giving the you and the lender peace of mind.
1 to 24 months for refurbishments (up to 36 months for development)
Commercial and residential properties
Light, medium and heavy refurbs
Conversions (including commercial to residential)
Ground up developments
Interest roll up, retained or serviced
100% of cost of works funded by the lender
Lending up to 90% loan to cost
First time developers considered
Stage drawdowns available
Development Exit Loans are ideal for property developers who require funding to either start or exit a recent project.
Loans are available for up to 18 months to developers across all UK regions with the intention of refinancing development funding on practical completion whilst the properties are marketed for sale.