Large Bridging Loans Up To £10 Million
Large bridging loans starting from £1 million to £5 million or £10 million are available through KP Finance to fund property purchases, developments or major business transactions.
Bridging loans for large amounts are commonly used by property developers, investors and corporate entities to acquire high-value real estate in London, UK or overseas – or fund large-scale refurbishments or facilitate commercial acquisitions.
KP Finance is in the perfect position to assist you with a large bridging loan. With over 30 years of combined experience in real estate finance.
With funding starting from £1 million, borrowers can repay over 3 to 24 months with favourably structured terms and within their project’s timelines.
To make an inquiry, call the number below or use the form provided. The KP Finance team can offer clear and constructive feedback whilst helping you get an initial decision in principle and funding within 2-4 weeks or sooner.
Call +44 203 488 1128
Samuel Kalms, Director
Why Use KP Finance For Large Bridging Loans?
At KP Finance, we have real experience facilitating large bridging loans and working with high value clients and proposals. Our ability to offer sound advice and draw on previous experience allows us to help you get the best funding possible, with rates, terms and structure that suits your needs.
As a bridging loans broker, we have close connections with private lenders and funders who can take a view on large bridging finance opportunities – and provide very personalised terms for your needs.
We are passionate about making your entire project a success from start to finish. We’ll stay in touch with both you and the lender throughout the loan term to make sure any building work is progressing as planned. If you need an extension or want to refinance, we are happy to help manage that with the lender as well.
We also understand that speed and timing is key with any purchase or refurbishment – and we aim to provide an indicative decision within 24 hours and successful funding of your loan within 2 to 4 weeks.
What Are Large Bridging Loans Used For?
- Property purchases
- Investment property purchases
- Residential property
- Commercial property
- Buying property at an auction
- Renovations and refurbishments
- Chain breaks in property sales
- Land acquisition
What Are The Terms You Offer?
| Term | Details |
|---|---|
| Loan Term | 3-24 months |
| Loan Amount | £1M – £10M+ |
| LTV | Up to 75% |
| Interest Rates | From 0.70-1.20% per month |
| Repayment Type | Retained, Rolled-up or Serviced |
| Security | First charge |
How To Apply For a Large Bridging Loan
- Make an enquiry
- Get an offer
- Get a property valuation
- Complete with solicitors
- Your funds are released
You will start your application by sharing information about the property and your plans for it.
The property you are looking to purchase or renovate will be used as security during the loan team. The lender will consider the risk and offer terms based on the customer’s experience, financial background, the value and potential of the property.
All transactions will be subject to a property valuation and a legal review and once fully checked, the loan funds are released in one lump sum.
For lenders, it is key that the borrower has a clear exit strategy for paying off the loan at the end of its term. As an applicant, you will need to demonstrate clear plans, purchase costs, building costs and any necessary building work such as architect and engineering plans.
The loan is commonly repaid via a re-sale of the property, refinancing under new terms or alternative funding, such as moving the loan to a buy-to-let mortgage.
Large Bridging Loan Repayment Example
For £1 million bridging loans:
- Loan Amount: £1,000,000 (at 70% LTV, property value = £1,428,571)
- Term: 12 months, Interest Rate: 1% per month
- Repayment Type: Rolled-up (interest paid at the end)
- Total Interest: £10,000 × 12 = £120,000
- Total Repayment: £1,120,000 (loan + interest)
For £5 million bridging loans:
- Loan Amount: £5,000,000 (at 70% LTV, property value = £7,142,857)
- Term: 12 months Interest Rate: 1% per month
- Repayment Type: Rolled-up (interest paid at the end)
- Monthly Interest: £5,000,000 × 1% = £50,000
- Total Interest Over 12 Months: £50,000 × 12 = £600,000
- Total Repayment at End of Term: £5,000,000 (loan) + £600,000 (interest) = £5,600,000
What Kind of Properties Can Be Purchased Through Large Bridging Finance?
- Residential
- Commercial (all asset classes),
- Mixed-use
- Land purchases
- HMOs
- Hotels (see bridging loans for hotels)
- Warehouses
- Garages
- Student accommodation
- Leisure centres and gyms
- Offices
- Blocks of flats
What Are The Benefits of Large Bridging Loans Over Traditional Financing Options?
Fast Access To Funds – Bridging loan companies are more independent than high street banks, allowing them to make quicker underwriting decisions and process loan applications in around 2-4 weeks, compared to mortgages or other investments which can take several months.
Capital For Refurbishments – For high scale refurbishments that include heavy refurbishments, bridging finance offers fast and flexible capital that can be used to fund building work and labour costs and maximise the value of the asset.
Break Property Chains – For buyers caught in property chains with several other parties, using bridging finance turns you immediately into a cash buyer, so you can move quickly on a property deal. No need to wait for other people and their solicitors to come back to you when you move immediately.
Personalised and Flexible Terms – Bridging loan terms can be structured entirely to the needs of the customer and their project. This includes the loan-to-value ratio (LTV), the loan duration and repayment terms to ensure that there is healthy cash flow during any building works and the entire project can be exited smoothly.
No Early Repayment Penalties – Most bridging lenders do not charge early repayment fees if you are able to exit and repay your loan in full early.
What is The Criteria For a Large Bridging Loan With KP Finance?
- UK resident or company
- Property used as security
- Property is in UK, Scotland or Wales
- Clear exit strategy
- Financial records and statements
- Proof of funds/deposit
- Good credit history preferred but not essential
Frequently Asked Questions
Is KP Finance a Bridging Broker?
KP Finance is a broker. Our expertise and experience in the bridging finance industry allows us to place your loan requirements with the best and more suitable lender. This is not about just getting the cheapest rates possible, but rather connecting you to a lender that understands your personal needs and requirements and can offer flexible terms that are structured for you.
Our track records demonstrates our ability to maximise approvals for our customers, helping them access fast funding to bring their projects to life. Please contact us at enquiries@kp-finance.com or call 0203 488 1128 to speak to a team member today.
How Much Does a Bridging Loan Cost?
Interest rates for bridging loans start from 0.40% per month over BOEBR (variable) or c.0.7%-1.25% fixed) and will vary depending on the level of risk and experience of the customer.
What Are The Additional Fees Involved With Bridging Finance?
- Arrangement fees (typically 2%)
- Valuation fees
- Legal fees
- Exit fees (if applicable)
- Stamp duty on property purchases
- Building costs, labour, architects, engineers
Which Parts of The UK Do You Offer Finance To?
We proudly offer bridging finance in Aberdeen, Birmingham, Brighton, Bristol, Cardiff, Cornwall, Durham, Edinburgh, Glasgow, London, Liverpool, Leeds, Leicester, Manchester, Nottingham, Newcastle, Sheffield, Southampton and many more.
Are Bridging Loans Secured Against Property?
Yes, bridging finance is secured against the enquired property or assets as a first legal charge.
How Soon Can I Receive a Decision in Principle?
KP Finance can typically provide an initial decision within 24 to 48 hours. We will require information about the property, its value and your plans for it. We may also request proof of funds for a deposit and recent financial records.
How Soon Could I Receive Funding?
Bridging loans can be funded as quickly as 5 days (should circumstances allow) but the full process from start to finish can typically be 3 to 4 weeks.
Are Repayments Made Monthly or Rolled Up?
The interest and repayments for bridging finance are usually rolled up and paid on exit of the loan term. Other options exist such as monthly (serviced) or interest deducted upfront (retained).
What is The Largest Bridging Loan I Can Borrow?
We can help secure bridging loans of £1 million upwards, with the option to access £10 million, £20 million or even £50 million+ if you meet the criteria.
Will My Property Be Repossessed if I Cannot Repay My Bridging Loan?
If your loan has been in arrears for a long time and there is no immediate sign of repayment, the lender may repossess the property in order to recover their losses.
However, before entering this stage, the lender may extend the terms of your loan, giving you longer to repay, but this will incur additional interest and possibly a late charge.
Other options include the opportunity to refinance under new terms, which may be less favourable than the original ones.
At this point, KP Finance will be on hand to assist you and help you to arrange the best possible outcome.
