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Seneca BridgingSeneca Bridging

£300,000 Bridging Facility for Experienced Developer

  • 15 April 2025

Funded:

£300,000

Property Type:

Residential

Funding:

Bridging Loan, Development Finance

The Client

Our client is a long-time property investor and developer with a genuine passion for the industry. With years of hands-on experience and a strong portfolio of completed projects, he has built a solid reputation for delivering quality developments and spotting opportunities others might miss.

The Situation

He was actively working on two development projects and decided to raise £300,000 to support the remaining works. The projects were already well underway, and the additional funding was a strategic move to help keep everything progressing smoothly and on schedule.

What We Did

We arranged a Bridging and Development facility secured against an existing property in his portfolio. Thanks to his clear plan, solid exit strategy, and proven track record, we were able to move quickly and keep the process simple and efficient.

The Result

The facility gave him the flexibility to continue managing his projects the way he likes — with full control and confidence. With both developments nearing completion, he’s already looking ahead to the next opportunity.

 

Bridging Loans – Key Features

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  • Fast Decisions: Initial responses typically delivered within hours—perfect for time-sensitive situations like auction purchases.
  • Loan Size: £100,000 – £2.5 million.
  • Loan-to-Value (LTV): Up to 75% of the end value (Gross Development Value or market value), with flexibility available on a case-by-case basis.
  • Desktop valuations are available
  • Term: Usually up to 12 months, but occasionally longer if LTV can support it.
  • Interest Roll-Up: Interest can be “rolled up” and repaid at exit, easing cash-flow pressure during the loan term.
  • Interest Serviced: Interest can also be “serviced” allowing a larger day 1 cash drawdown (subject to serviceability).
  • Exit Strategy Required: Clear repayment strategy—such as sale or refinance—must be established at the outset.
  • Security: First legal charge on the property is required.
  • Transparent Costs: Arrangement fees typically start at 1%. No early repayment or exit fees, and no hidden admin charges.
  • Unregulated Product: these Bridging loans are not FCA-regulated, they are not available for owner-occupied residential properties.
Learn more about our Bridging Loans

Development Finance – Key Features

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  • Comprehensive Coverage: Funds typically cover land purchase, professional fees, and build costs.
  • Staged Drawdowns: Capital is released in phases, usually against certified expenditure.
  • Tailored Structures: Designed around project timelines, often short- to medium-term in duration.
  • Market leading LTV’s up to 75%.
  • We typically fund 75% of land purchase costs and 100% of construction/development expenses
  • Loans from £100,000 to £2,5m.
  • Expert Team & Relationships: We work with expert surveys who work closely with Developers to ensure funds are delivered promptly through the construction phase aiding cashflow.
  • Transparent and Responsive Service: With fast decision-making and clear dialogue, we support borrowers from initial enquiry through to delivery and repayment.
  • Unregulated Product: these Bridging loans are not FCA-regulated, they are not available for owner-occupied residential properties.
Learn more about our Development Finance

Recently Funded Projects

  • 5 October 2026

10 Day Turnaround for Refurbishment Finance in Sheffield

Funded:

£180,000

Location:

North

Property Type:

Residential

Funding:

Refurbishment Loan

Read article
  • 18 September 2026

£1.3m Refinance & Capital Raise in Cumbria

Funded:

£1.3M

Location:

North

Property Type:

Commercial

Funding:

Bridging Loan, Capital Raise

Read article
  • 14 September 2026

Empowering First-Time Investors with Agility and Speed

Funded:

£230,000

Location:

North East

Property Type:

Residential

Funding:

Refurbishment Loan

Read article
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Fast, flexible property finance

Our experienced team are here to help. Get in touch today.

  • 01942 295 982
  • enquiries@senecabridging.co.uk
  • 9 The Parks, Haydock, WA12 0JQ
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Copyright © 2026 Seneca Partners Limited. All rights reserved.

Seneca Bridging’s lending products are not regulated by the Financial Conduct Authority. Seneca Bridging Limited is registered in England and Wales (Company No. 05871960). Seneca Bridging Limited’s registered office is 9 The Parks, Haydock, WA12 0JQ.

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