Bridging Loans & Development Finance

We work with investors, landlords, developers and homeowners across the UK, offering clear guidance and access to a wide range of lenders that specialise in fast and flexible property finance.

Read Our 5 Star Reviews

First Time Buyer Mortgages

First-Time Buyer Mortgages

Helping You Take Your First Step onto the Property Ladder

Buying your first home is an exciting milestone — but understanding deposits, affordability, credit checks, and the full mortgage process can feel overwhelming. At NexGen Finance, we make the journey clear, structured, and stress-free, supporting first-time buyers right from the initial enquiry through to getting the keys.

We help you understand how much you can borrow, compare suitable mortgage options, prepare your documents, and move through the process with confidence.

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Bridging Loans

Bridging loans are short-term finance solutions designed for situations where speed and flexibility are essential. They can be used to purchase property, raise capital or complete a project before transitioning to longer-term lending.
Fast approvals and quick access to funds
Ideal for auctions, chain breaks or urgent purchases
Suitable for properties that need refurbishment
Can be used alongside development or HMO strategies
Option to refinance onto a standard mortgage later

Types of Development Finance

Light Development Finance – cosmetic upgrades, non-structural works
Heavy Development Finance – structural changes, significant renovations
Ground-Up Development – new-build projects from land acquisition onwards
Development Exit Finance – refinance once the project is near completion

Development Finance NexGen Finance?

Development finance is designed for construction projects ranging from small refurbishments to ground-up builds. We support both first-time and experienced developers in securing funding tailored to their project size and structure.
Finance for new-build developments
Conversions and change-of-use projects
Heavy refurbishment and structural works
Stage release funding aligned with build schedules
Suitable for single-unit and multi-unit schemes

Common Challenges We Handle

How We Help

Assessing project plans, experience and timelines
Reviewing build costs, valuations and schedules of work
Access to specialist bridging and development lenders
Fast turnaround for time-sensitive applications
Support with documents, appraisals and lender requirements

Local Notes

Woking’s commuter economy supports diverse uses; lenders scrutinise lease terms on investment stock and cost efficiency on owner-occupied acquisitions. Clear evidence of demand and achievable rents strengthens valuation cases.

FAQs About Bridging Loans & Development Finance Mortgages

1. Can I refinance to release capital?

Often yes, subject to DSCR, valuation and use of funds.

2. Are fixed and variable rates available?

Yes — terms vary by lender, sector and risk profile.

3. Will personal guarantees be required?

Common for SME borrowing; extent depends on leverage and covenant strength.

4. Can a start-up obtain finance?

Possible with strong plans, assets and/or additional security — pricing may be higher.

Our Customers Love Us

Juan-Ricardo

As someone self-employed with slightly ‘sticky’ credit, most banks turned me away. This team was a godsend; they persevered and got my mortgage sorted, even saving me some of my deposit money.

Pulizia London

Thank you for your assistance, advice, and perseverance in getting my mortgage sorted. You guys made it happen when others wouldn’t. See you in two years for the remortgage!

Sean King

Securing a buy-to-let mortgage was a breeze with their help. They walked me through the process, found me a great rate, and ensured everything went smoothly. Outstanding expertise.

Jenson West

The Nexgen team took the time to explain everything, found the right lender for my budget, and guided me through the paperwork. A very stress-free experience for a first-time buyer.

Cath Jones

Excellent experience financing a buy-to-let auction property. The NexGen Finance team was excellent to deal with and guided us through the process with no stress whatsoever.

Joanna Morley

Over the moon! Thank you for the excellent service, advice, and support. You are very approachable and it was a pleasure having NexGen Finance as my broker.

Sammy Alim

Experts in what they do. Explained all options to purchase an uninhabitable property and get development funding. Jahed explained the bridging loan and exit strategy perfectly.

Muhammad Ashiq

I am extremely pleased with the mortgage service provided. The level of professionalism was top class and the entire process was handled perfectly. Highly recommend.

Common Uses for Bridging Loans

Auction Purchases

1

complete within tight deadlines

Refurbishment Projects

2

light, medium or heavy works

Chain Breaks

3

secure your new home before your sale completes

Unmortgageable Properties

4

homes needing work before term lending

Raising Short-Term Capital

5

business or investment purposes

The Application Process

1. Initial Review

We discuss your project, timelines, experience and funding needs.

2. Lender Selection

We identify lenders suited to your project type, whether refurbishment or full development.

3. Appraisal & Valuation

Lenders assess the project, expected costs, end value and risk. We help prepare everything required.

4. Application & Legals

Once agreed, the lender issues terms and legal work begins to progress the funding.

5. Drawdown

Funds are released either as a lump sum (bridging) or in build stages (development finance).

We Search 1000s of Bridging Loans & Development Finance Mortgages in Uk

10 Step Guide for Bridging Loans & Development Finance in Uk

1. Master Your Budget

Before looking at houses, look at your bank account. You’ll typically need a 5% to 10% deposit. Beyond the deposit, remember to budget for “hidden” costs like solicitor fees, surveys, and moving costs.

2. Check Your Credit Health

Lenders want to see that you’re a reliable borrower. Use apps like Experian or Equifax to check your score. Pro tip: Ensure you are on the electoral roll and avoid taking out new credit cards or loans 6 months before your application.

3. Get an Agreement in Principle (AIP)

This is your “golden ticket.” An AIP from NexGen Finance tells estate agents and sellers that a lender has pre-approved you for a certain amount. It makes your offers much more serious.

4. Explore Government Schemes

Don’t miss out on help! We can guide you through the Lifetime ISA (LISA) bonus, Shared Ownership, or the First Homes scheme to see if you can get on the ladder sooner with a smaller deposit.

5. The Property Search

Now for the fun part! Once you know your budget, start viewing properties. Look beyond the décor—check for signs of damp, the age of the boiler, and the “vibe” of the local neighbourhood at different times of the day.

6. Make an Offer

Found “the one”? It’s time to negotiate. We suggest starting slightly below the asking price. Mention that you are a Bridging Loans & Development with no chain and an AIP—this makes you a very attractive buyer.

7. Instruct a Solicitor

You’ll need a legal expert (a conveyancer) to handle the paperwork, local searches, and the transfer of funds. We can recommend trusted professionals to ensure your legal journey is as smooth as your mortgage one.

8. Formally Apply for Your Mortgage

Once your offer is accepted, NexGen Finance will submit your full application. The lender will then perform a valuation to ensure the property is worth the price you’re paying.

9. Survey and Searches

While the lender checks the value, you should check the condition. A HomeBuyer Report or Building Survey will flag any structural issues. Your solicitor will simultaneously run searches to check for things like local planning permissions.

10. Exchange and Complete

Once the legal work is done and your mortgage offer is formalised, you’ll Exchange Contracts. At this point, the deal is legally binding. Shortly after comes Completion Day—the keys are yours!

Our Mortgage Guides

First Time Buyer Guides

Remortgage Guides

Bad Credit & Specialist Finance

Buy-To-Let Guides

Business Finance Guides

Moving Home Guides

Age 50+ Guides

Bridging and Development Loans

Bridging Loans & Development Finance

Bridging loans and development finance provide fast, flexible funding for property purchases, refurbishments and construction projects. Whether you’re buying at auction, breaking a chain, upgrading a property or building from the ground up, NexGen Finance helps you secure the right short-term or development funding for your plans. We work with investors, landlords, developers and homeowners across the UK, offering clear guidance and access to a wide range of lenders that specialise in fast and flexible property finance.

Bridging Loans

Bridging loans are short-term finance solutions designed for situations where speed and flexibility are essential. They can be used to purchase property, raise capital or complete a project before transitioning to longer-term lending.

✔ Fast approvals and quick access to funds
✔ Ideal for auctions, chain breaks or urgent purchases
✔ Suitable for properties that need refurbishment
✔ Can be used alongside development or HMO strategies
✔ Option to refinance onto a standard mortgage later

Common Uses for Bridging Loans

Auction Purchases – complete within tight deadlines
Refurbishment Projects – light, medium or heavy works
Chain Breaks – secure your new home before your sale completes
Unmortgageable Properties – homes needing work before term lending
Raising Short-Term Capital – business or investment purposes

Development Finance

Development finance is designed for construction projects ranging from small refurbishments to ground-up builds. We support both first-time and experienced developers in securing funding tailored to their project size and structure.

✔ Finance for new-build developments
✔ Conversions and change-of-use projects
✔ Heavy refurbishment and structural works
✔ Stage release funding aligned with build schedules
✔ Suitable for single-unit and multi-unit schemes

Types of Development Finance

Light Development Finance – cosmetic upgrades, non-structural works
Heavy Development Finance – structural changes, significant renovations
Ground-Up Development – new-build projects from land acquisition onwards
Development Exit Finance – refinance once the project is near completion

How We Help

📈 Assessing project plans, experience and timelines
📄 Reviewing build costs, valuations and schedules of work
🏦 Access to specialist bridging and development lenders
🚀 Fast turnaround for time-sensitive applications
🧾 Support with documents, appraisals and lender requirements

The Application Process

1. Initial Review

We discuss your project, timelines, experience and funding needs.

2. Lender Selection

We identify lenders suited to your project type, whether refurbishment or full development.

3. Appraisal & Valuation

Lenders assess the project, expected costs, end value and risk. We help prepare everything required.

4. Application & Legals

Once agreed, the lender issues terms and legal work begins to progress the funding.

5. Drawdown

Funds are released either as a lump sum (bridging) or in build stages (development finance).

Common Challenges We Handle

✔ Tight deadlines for auction purchases
✔ Limited developer experience
✔ Properties needing significant refurbishment
✔ Complex build schedules or varying project stages
✔ Raising capital mid-project for cashflow

Get Started

If you’re planning a refurbishment, conversion or full development, or need short-term finance for an urgent purchase, NexGen Finance can help you secure the right funding quickly and confidently. Contact us today to begin your bridging or development finance enquiry.

🧮 Mortgage Calculator for Buyers and Homeowners

Using a mortgage calculator is a smart way to understand your potential monthly payments before making any big decisions. Whether you’re buying your first home or looking to remortgage, it’s a quick and simple way to plan ahead.

Our calculator is designed to give you a clear idea of what your repayments could look like based on your loan amount, term, and interest rate — helping you make informed choices early on.

Ready to get started?
Visit our Mortgage Calculator page now and take the first step in your home buying or remortgaging journey.

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