What is unregulated bridging finance?
Unregulated bridging finance is a short term finance facility secured against a property you don’t live in, and don’t intend to live in. This might be a commercial premises, a house, a flat or a piece of land.
The key thing is that the property used for financing can’t be your home, or the home of an immediate member of your family. If it is, you can consider regulated bridging finance.
You can use unregulated bridging to raise capital for any legal purpose.
You might use unregulated bridging to quickly secure a property purchase at auction, or secure funds for a refurbishment project that you intend to sell or let.