Bluecroft Finance

Bridging the way it should be done.

BridgingRefurbishment

Max LTV

80%

Interest from

0.99% pcm

Loan size

£75,000–£3m

Term

3–18 months

Charges

1st and 2nd

Areas

England, Wales and Scotland

Who they are

We do bridging the way it should be done: fast and flexible finance solutions to meet the diverse needs of individuals & businesses that require short-term funding. Bluecroft Finance is a rapidly growing lender in the UK bridging finance market. We provide bridging loans from £75k to £3M with LTV up to 80%. We’re a storybook lender that doesn’t use algorithms to decide cases. Our dedicated team will review each case in detail and offer a hassle-free service that can get loans funded quickly.

Their ethos

Funded by a combination of private funding and institutional funding lines, we plan to achieve significant growth and increase our loan book to £100m within the next 12 months. Because of our personal approach, we can look at each case and build a bespoke deal that will satisfy all parties involved. We lend across England, Wales and Scotland.

What they specialise in

We’re a specialist bridging lender providing a speedy loan process for brokers and clients. We prioritise residential, commercial and semi-commercial loans for a variety of property transactions including 1st & 2nd charges. We do Residential Auction purchases up to 80% LTV & Semi-Commercial up to 75% LTV.

Meet the team

Katy Fogarty

Business Development Manager – South West

katy.fogarty@bluecroftfinance.com

Daniel Smith

Business Development Manager – London

daniel.smith@bluecroftfinance.com

Harriet Worth

Business Development Manager – Midlands

harriet.worth@bluecroftfinance.com

Contact

6 Ambassador Place, Stockport Road, Altrincham, WA15 8DB

www.bluecroftfinance.com

enquiries@bluecroftfinance.com

Lending criteria

Funding model: Private funding combined with institutional funding lines
FCA regulated: No
Fixed/variable interest: Fixed and variable
Treatment of interest & default interest: Retained, serviced
Sectors: Residential, commercial, semi-commercial, HMO, hospitality, planning, retail, office block conversions and more
Max LTGDV: 75%
Max LTC: N/A
Min property value: £100,000
Valuation retypes: Yes
Rental calculations & exposure: N/A
Types of valuation accepted: Short form residential valuations, AVMs, desktops, BMVs, Red Book valuations
New builds: Yes/No
Heavy refurb: No
Grade listed buildings: Yes
Green/sustainable product: No
Planning permission needed: No
Commission rate: Case-by-case
Associations/charters: NACFB and BDLA
Types of landlords accepted: Limited companies, individual, first-time and portfolio
Upfront fees: No
Broker portal: No
Early redemption charges: No
Investment: Yes
Owner occupied: No
Electronic signatures accepted: Yes
Lending on land: No