Bridging Loans in Wales

For property transactions in Wales, MT Finance offers bridging loans to help you become a cash buyer and complete deals within a short timeframe. Whilst traditional methods of finance may take several months, MT Finance has the ability to make quick decisions and can offer funding in weeks, with flexible terms and no upfront fees.

We facilitate bridging finance from £50,000 to £10 million repaid over 1 to 24 months and interest is rolled up and paid at the end of the loan term.

Speak To Our BDM About Bridging Loans in Wales

We have a dedicated BDM, Richard Sherman, that is based in Wales and has a good understanding of the local area. He is available to assist you and will be your point of contact throughout the loan journey.

To speak to Richard, contact us at enquiries@mt-finance.com or call us today on 0203 051 2331.

Which Areas in Wales Do You Lend To?

We offer bridging loans in Wales including Aberdare, Ammanford, Barry, Bay of Colwyn, Bridgend, Cardiff, Ebbw Vale, Flint, Llanelli, Merthyr Tydfil, Newport, Rhosllanerchrugog, Rhyl, Swansea, Tonypandy, Wrexham.

What Can Bridging Loans in Wales Be Used For?

    • Purchasing residential properties, flats and homes

    • Purchasing commercial properties

    • Renovate a property and rent it out to tenants

    • Buying property at an auction

    • HMO and multi purpose properties

    • Purchasing student accommodation

    • Renovation and refurbishment projects

What Rates Does MT Finance Charge For Bridging Loans in Wales?

Our rates may vary depending on factors such as your deposit amount, level of risk, type of property and loan duration. We do not charge any upfront fees or early exit fees.

Please see our product guide for more information.

Why Use MT Finance For Bridging Finance in Wales?

We are a leading property finance company that has been operating in the bridging finance space since 2008.

With BDMs strategically positioned in Wales, we have a great local knowledge and understanding of the region to assist you.

Our attention to detail and customer service is what stands out compared to other providers, with the ability to make quick decisions and provide fast funding, especially if you are working under a tight deadline.

FAQs

How Soon Can I Be Approved For a Bridging Loan?

We are able to facilitate funding in just a few weeks and have previously funded loans in 2-4 weeks.

Are Bridging Loans in Wales Easy To Get?

Bridging loans are not guaranteed, but they may be more accessible than property finance from traditional banks and high street lenders.

Bridging lenders are able to take a view on things like bad credit and applicants with no salaries because the eligibility is based on the value of the property and its potential – and the loan is secured against this valuable asset.

How Do Repayments Work For Bridging Loans?

Bridging loans incur monthly interest, which can be repaid monthly, but MT Finance will typically roll this interest up and it is repaid in full at the end of the loan maturity.

Can I Pay My Bridging Loan Off Early?

Yes, you may pay off your loan in full at any time or make overpayments. We do not charge any early repayment or early redemption fees.

Can I Apply With Bad Credit?

Yes, we are able to consider bad credit and adverse credit histories. Your eligibility is based on your property opportunity, your experience, your plans for the project and its potential value.

Simply email us at enquiries@mt-finance.om or call 0203 051 2331 to speak directly with Richard Sherman, our specialist BDM for Wales.