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Black & White Bridging logo

Black & White Bridging

Truly transparent lending, with no grey areas.

BridgingDevelopmentLends on Land

Max LTV

75%

Interest from

0.69% pcm

Loan size

£50,000–£10m

Term

3–24 months

Charges

1st (and 2nd)

Areas

England and Wales

Who they are

Black & White provides bridging finance that enables borrowers to seize opportunities traditional lenders often cannot support. Built on a commitment to transparency, speed and certainty, we deliver faster turnaround times alongside market-leading lending criteria. Backed by an award-winning team, our approach is defined by clear communication, decisive lending and solutions without grey areas. That’s what makes us Black & White.

Their ethos

We are a business built on traditional values, strong relationships and trust. We are recognised as a lender of integrity; one that delivers on its promises without compromise. Our funding model is designed to create fair outcomes for everyone. Investors, borrowers and brokers all benefit from a truly transparent lending approach built around clarity, speed and certainty. We do not charge upfront or administration fees and there are no hidden costs. Our ESG strategy asks staff to volunteer two days annually, we support various charities, and our Head Office was recently fitted with local sustainable materials.

What they specialise in

We specialise in residential and commercial bridging finance across a wide range of transactions, including purchases, acquisitions and refinancing. Our market-leading criteria and truly transparent approach mean we can support even the most complex scenarios. Whatever your client’s needs, we are confident in delivering the right solution.

Meet the team

Magnus Duke Dadzie

Relationship Director

mdd@nogreyareas.co.uk

Rick Davey

Relationship Director

rjd@nogreyareas.co.uk

Mike Underwood

Relationship Director

mun@nogreyareas.co.uk

Shahed Popat

Relationship Director

spo@nogreyareas.co.uk

Contact

Bristol: York House, 1300 Parkway North, Bristol, BS34 8YU. London: 6–7 St John’s Lane, Farringdon, London, EC1M 4BG. Manchester: XYZ Building, 2 Hardman Boulevard, Spinningfields, Manchester, M3 3AQ

www.nogreyareas.co.uk

enquiries@nogreyareas.co.uk

Lending criteria

Funding model
HNWs, institutions
FCA regulated
No
Fixed/variable interest
Fixed
Treatment of interest & default interest
Retained: interest is calculated on the gross loan for the duration of the facility and deducted at completion. Rolled: interest is capitalised and accrued monthly, calculated on the principal and outstanding interest at the end of each monthly period. Serviced: interest is calculated on the gross loan with the first month deducted at completion and serviced monthly thereafter. Default interest is a 75% loading of the standard rate
Sectors
All residential and commercial sectors
Max LTGDV
75%
Max LTC
90%
Min property value
N/A
Valuation retypes
Yes
Rental calculations & exposure
125% DSCR at 5.5% stress rate
Types of valuation accepted
180-day valuations only. AVMs (up to 75% resi), re-types, Red Book
New builds
Yes
Heavy refurb
Yes
Grade listed buildings
Yes – 75% max LTV
Green/sustainable product
Yes
Planning permission needed
Yes
Commission rate
Case-by-case
Associations/charters
FIBA
Types of landlords accepted
Limited companies, individual, first-time and portfolio
Upfront fees
No
Broker portal
No
Early redemption charges
No (3-month minimum interest)
Investment
Yes
Owner occupied
No (residential 1st charge); yes (commercial owner-occupied)
Electronic signatures accepted
Yes
Lending on land
Yes – 55% max LTV, C3 usage required

Read more

All news

Lender information courtesy of The Lender Index by Bridging & Commercial.

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