Momentum Finance is a UK specialist lender that provides property-backed short-term finance for landlords, developers, and investors. Established in 2016, it offers bridging, development, and refurbishment loans primarily for professional clients and special purpose vehicles (SPVs). The lender operates an in-house funding model and is regulated by the Financial Conduct Authority for its unregulated lending activities. Momentum Finance's product range serves those requiring quick credit decisions and flexible property financing options. For information on relevant loan types, see bridging loans and development finance.
Key Features of Momentum Finance
This lender offers several practical features designed for professional property investors needing efficient and adaptive funding solutions.
- Indicative terms issued in under 4 hours, supporting quick business finance.
- Flexible underwriting considers complex SPVs and structures, relevant to those exploring collateral and security options.
- No early repayment penalties on most loans, providing flexibility uncommon in typical business loans.
Funding Eligibility
You may qualify for loans from Momentum Finance if you have property assets in England, Wales, or selected parts of Scotland and typically require professional valuations. Personal guarantees are usually required from company directors or major shareholders. The lender is generally suited for professional landlords, developers and investors, including newly formed SPVs. For details on qualifying for loans, consult how to qualify for a business loan in the UK and understanding personal guarantees in business loans. More on eligibility can be found under business loans for small businesses.
Loan Options
Momentum Finance offers a variety of loan types tailored to short-term property finance needs, balancing term lengths from 1 to 36 months with varying loan amounts and interest structures.
- Standard Bridging Loan: Amounts from £100,000 to £25,000,000 with terms of 3 to 24 months. Interest ranges from 0.55% to 1.35% per month. Terms allow interest roll-up and no exit fees. See bridge loan details.
- Development Finance: Loans between £500,000 and £25,000,000 available for 6 to 30 months. Interest rates run between 6.5% and 11.0% per annum on drawn amounts. Funding includes acquisition and build costs without exit fees. Related information on development finance.
- Refurbishment Bridging Loan: From £50,000 to £5,000,000, terms of 3 to 18 months, with interest rates of 0.65% to 1.40% per month. Interest accrued is typically rolled up, aiding projects like HMO conversions. More on bridging loans for small businesses.
- Auction Finance: Funding from £50,000 to £3,000,000 for 1 to 12 months, at monthly rates of 0.60% to 1.20%. Enables quick pre-approval and completion within auction deadlines. Useful for auction bidding finance, see bridging loans.
- Bridge-to-Let Loan: Ranges £75,000 to £1,000,000 with initial bridge terms 3 to 12 months before switching to longer-term buy-to-let. Interest rates are 0.40% to 0.90% per month during the bridge phase. See info on bridging loans.
- Development Exit Loan: Between £250,000 and £10,000,000 for 3 to 18 months, featuring monthly rates from 0.55% to 1.10%. Designed to release equity post-development completion. Detailed in bridge loan guidance.
How to Apply
The application process combines digital convenience with thorough checks to support quick decisions and funding.
- Start with an online enquiry using the lender or broker portal, as explained in online application forms.
- Submit required documents such as ID, proof of address, valuations, and project details, following guidelines for loan application process.
- Renewal of credit checks and underwriting typically occurs within 24 to 48 hours after full submission, supporting fast decisions similar to quick business finance.
- Completion can be as rapid as five working days after valuation, closely aligned with processes for other business loans.
Funding Agent’s View on Momentum Finance
Momentum Finance serves a specific segment of the UK property finance market. It offers agility and tailored products for professional developers and landlords needing short-term support. Borrowers benefit from quick credit decisions and flexible terms, but should be aware of higher costs compared to traditional mortgages and the need for personal guarantees. Those seeking longer-term or lower risk products might need to explore other lenders. For a broader understanding of options, consider our alternative finance loans and our business loan eligibility guide. Use our business loan calculator to assess costs before applying.
