^Get Bridging Loans for Chain Breaks in Property Transactions

Chain-break bridging for buyers is designed around an expected next completion. Lenders typically look for a clear repayment plan linked to the sale that is pending, evidence of the property involved, and strong affordability for interest servicing. Criteria often tighten where the chain is not yet completed or where liquidity is limited, since repayment depends on the next transaction proceeding. Typical amounts can range from £50,000 to £2,000,000+ depending on property value, loan-to-value, and exit strength.

Bridging to refinance or re-lend suits borrowers who have identified a practical route to a mainstream lender or another lending option. Lenders assess refinance feasibility using property valuation, credit profile, and affordability. The bridging term is commonly 3 to 12 months, with shorter terms where refinance is quick and extensions possible if updated evidence supports it. Headline pricing often falls around 8% to 14% per annum, with fees such as arrangement and legal costs influencing total cost. Initial decisions can be about 5 to 15 business days.

Auction completion bridging after chain fails is built for urgent timing. Borrowers usually need to provide auction completion details, property information, and solicitor or contract instructions. Lenders still complete valuation and affordability checks, but speed-focused cases may face stricter verification because the exit relies on rapid outcomes. Typical amounts range from £25,000 to £1,500,000+ based on property value and loan-to-value. Headline interest commonly sits around 9% to 16% per annum, while decisioning can be around 2 to 8 business days if documents and valuation routes are clear.