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Why Choose Us

0 %
5-star reviews on Google
0
years we have been as independent mortgage and protection brokers
0 %
customer satisfaction for finding the best deals on the UK market
£ 0
total donated to various charities

Why Choose Us

0 %
5-star reviews on Google
£ 0
total donated to various charities
0
years we have been as independent mortgage and protection brokers
0 %
customer satisfaction for finding the best deals on the UK market

Navigating the property market can sometimes require swift action and immediate financial support. Here at Ascot Mortgages, we specialise in fast bridging loans that are designed to meet your urgent financial needs. Whether it’s a quick property purchase or seizing a time-sensitive investment opportunity, our fast bridging finance options are tailored to help you secure the deal.

What Our Clients Say About Us

5.0 Based on 122 reviews from review us onLucy B. ★★★★★ Having Phil as my mortgage advisor was great from the very start! He is down to earth and speaking to him was always a pleasure. The kindness, compassion and support I have been given all the way through what can be a stressful process was immeasurable. Phil and Jardelle worked as a solid team and was able to make me feel at ease all the way through buying my first home. The team were always available and the communication between everyone was always clear and I felt safe in the hands of the company as a whole. Thank you for helping me buy my first home!Flora R. ★★★★★ I worked with Richard (Protection Adviser) for a couple of days to sort out life and critical illness insurance. Absolutely brilliant, he found me and my husband the perfect policy. Very knowledgeable and easy to get on, he definetely makes things easy to understand. Thank you for the great service provided.Matthew R. ★★★★★ I've dealt with Phil at Ascot Mortgages for a while now and Phil always comes back back to me with the right plan.Keep the good work up!rafal W. ★★★★★ I would thoroughly recommend Phil Greenwood at Ascot Mortgages ltd to anyone looking to seek advice on purchasing a home.Phil was absolutely fantastic. He made the process very smooth and easy and was always there to answer any questions I had.Shahid L. ★★★★★ This company has been truly amazing in constantly giving me the support and help i need for my mortgage and for their continuous work ethic guiding customers like myself and educating them into making the best possible decisions. My special mention goes to Phil Greenwood who deserves every single credit for his brilliant work and communication skills. The more I got to work with Phil, the more he gained my respect as he is a hugely likeable man and possibly the best mortgage advisor yet. Even after I finished my time with Ascot Mortgages, I will never lose my trust in the company and I hope they exceed their business and gain even more success and popularity.Best wishes,Shahid Latif and familyPretty L. ★★★★★ Phil helped me renew my mortgage. He was great at keeping me updated with any rate changes and secured a lower rate than at the time my mortgage went through. Thank you Ascot for your supportNikki E. ★★★★★ Huge thanks to Richard Johnson for sorting out all of my insurance policies! I had accumulated a variety of life cover and various other policies over the years that all needed a good review and refresh. Richard was extremely patient and helped me to remove the duplication and choose the best cover to suit our current needs. I have used Ascot Mortgages for over 12 years and have met several members of the team, always finding the right help and support to work through what can be a complicated and stressful time. Thanks again, Richard!Aamir R. ★★★★★ As first time buyers we had very little understanding of how to go about applying for a mortgage. Phil was so helpful in cutting through all of the formalities and helping us to decide which mortgage would be best for us also ensured we collated all the details needed and kept us up to date on progress. The process of finding the right house was very stressful but the process of choosing and applying for the mortgage and life cover has been so straight forward that, at times, we were worried it was all a bit too smooth! Thank you for guiding us through this so professionally and with real understanding and personality.Andrew T. ★★★★★ Working with Richard at Ascot has been a great experience. He listened to us and was very professional throughout. This was our first experience with Richard but we've been using Ascot now for 6-7 years. Thank you all at AscotAngie B. ★★★★★ Always give a great service and find you a mortgage in a timely fashion.Alison is awesomeAndrew M. ★★★★★ We have used Ascot Mortgages for over 5 years now and have had excellent service throughout, primarily with Alison and Kevin. Our latest dealings have been with Richard Johnson who although new to us (and to Ascot I believe) has once again provided the 5 star level of service we have come to expect. His product knowledge is excellent offering a range of options supported with consistent communication and updates, always available on the phone or on email every step of the way.Ali H ★★★★★ Excellent service, a big thanks to Natalia Barry for her excellent support with my buy to let mortgage application, Natalia was professional, transparent, and kept me informed during all the process, and thanks to Jason jones for his assistance and support.david R. ★★★★★ I have dealt with Ascot for many years now and will always go back, recently had all my insurances re done by Richard Johnston at the firm, excellent service, communication and swift actions by Richard. Great deals on all three insurances and would recommend anybody to go to Richard for help. Thanks Richard 👍Eve Alexandra C. ★★★★★ We used Ascot Mortgages to purchase a home as first time buyers, Ellie assisted us with this and went above and beyond to ensure everything went smoothly, all questions were answered, and any queries were solved.As first time buyers, myself and my partner were quite nervous and clueless as to what to expect when getting a mortgage and what not, and Ellie made this so simple and explained everything in a way that we thoroughly understood what was happening with our house buying journey, without it being pure jargon.I can't thank Ellie enough, she truly has been a star during the whole experience and is an asset to Ascot Mortgages.She is someone who I would definitely recommend to friends and family if the opportunity arises, and has made this whole experience a very stress free and exciting one!Thank you for everything Ellie!Emma W. ★★★★★ Alison helped me to get the right mortgage for my current situation and was very supportivehelen L. ★★★★★ Phil Greenwood dealt with my recent remortgage, he made sure I had the best product to fit our HMO criteria. Then chased solicitors for me and made sure I completed around the date I wanted to avoid my ridiculous rate I was about to be switched to. Thanks Phil, great job! Ready for my next mortgage now so I will be coming back 🙂Mark C ★★★★★ Excellent service from an excellent representative. Very professional and helpful company. Thank you for all your helpDamian L. ★★★★★ I recently purchased a buy-to-let from Auction and Ascot Mortgages, in tandem with Ascot Bridging Finance, supported me through the whole process. Once the property purchase via a bridging loan was complete, Ascot Mortgages worked out the best options for me, despite the Banks rising interest rates and spiralling UK inflation and managed to secure me a competitive mortgage rate for that property. I wouldn't hesitate in going back to Ascot Mortgages in the future and look forward to working with them again in the near future. Thank you for everything you've doneJuliet B. ★★★★★ Thank you to Alison for helping us and sorting out our mortgage. Swift, reliable and very helpful. Very much appreciated. God bless you abundantly 👍👌🤝gareth P. ★★★★★ Been with Alison and team for more than 25 years. Needless to say, very happy...Jo T. ★★★★★ We have been using Ascot Mortgages for the last few years and they have done 11 buy to let products for us.We have found Alison, Phil, Jason, Jardelle and the team to be excellent at finding the best product for us and to work at pace when we are buying from auction and have a deadline to meet.Communication is very good and nothing is too much troubleBen H. ★★★★★ I can't recommend Ascot Mortgages highly enough.We have used them for all of our Mortgages . They are professional and friendly and have walked us through all our options, they always have the time to talk to you and go the extra mile to get you the best deal. It wont be long till I'm calling on their services again, I wouldn't go anywhere else.If you want a mortgage, there's only one place to go!Dog J. ★★★★★ Ascot went the extra mile to help me acquire a mortgage. With the help of Jason and Ellie I was able to get a competitive rate after 3 other firms had told me they couldn't help me. Great levels of communication throughout, I would highly recommend!Ursula B. ★★★★★ Alison was very friendly and professional in securing the right bridging for us and at a very competative price. This ensured that we were able to place an immediate offer and not miss out on our forever home. Later her help and support in finally getting our completion over the line was nothing short of a miracle. I would strongly recommend both Alison and the team at Ascot Mortgages.primrose C. ★★★★★ ALISON IS BY FAR THE BEST IN THE GAME. ALL WE CAN SAY IS THANK YOU SO MUCH. They are passionate on customer service, even in my frustrated time Alison, Jadelle, Ellie I could name them all. May the good LORD BLESS YOU.js_loader

Written by:

Phil Greenwood

Ascot Bridging Expert

Last Updated:

07.10.2023

Written by:

Phil Greenwood

Ascot Bridging Expert

Last Updated:

07.10.2023

What are the advantages of a fast bridge loan?

Fast bridging loans come with a multitude of advantages, making them an ideal solution for various scenarios:

  1. Speed: One of the most significant benefits is the speed at which funds can be accessed, often within a matter of days.
  2. Flexibility: These loans offer flexible terms and conditions to accommodate different financial needs and property types.
  3. Short-Term Solution: Ideal for addressing immediate funding requirements until a more permanent financing option is secured.
  4. Opportunity Seizure: Enables borrowers to capitalise on time-sensitive investment opportunities.
  5. Property Chain Breaks: Helps in maintaining property chains by providing the necessary funds when a link in the chain is broken.

Why is a bridging loan broker useful?

A bridging loan broker, like Ascot Mortgages, plays a pivotal role in securing quick bridging loans. Here’s how:

– Expert Guidance: Brokers provide invaluable advice and guidance throughout the process, ensuring you secure the best deal.

– Market Knowledge: With comprehensive knowledge of the market, brokers can identify the most suitable lenders and negotiate favourable terms on your behalf.

– Time-saving: Brokers handle the paperwork and communication with lenders, saving you valuable time.

– Access to Exclusive Deals: Brokers often have access to exclusive loan offers not available directly to the public.

– Stress Reduction: The broker manages the complexities of the loan process, reducing stress and enhancing the overall experience.

Mortgage Repayment Calculator

Should I go to a lender directly?

While approaching a lender directly is an option, using a bridging loan broker can offer additional benefits. Direct interaction may limit your access to the broader market and potentially better fast bridging finance options. Brokers, on the other hand, can:

– Present a wider range of options and lenders.

– Leverage relationships with lenders to negotiate better rates.

– Provide personalised service and tailored solutions.

– Assist with the application process and documentation.

– Offer expert advice on loan terms, fees, and interest rates.

How much can I borrow?

The amount you can borrow through fast bridging loans largely depends on the value of the security property, the lender’s criteria, and the purpose of the loan. Typically, loan-to-value (LTV) ratios range from 50% to 75% of the property’s value, but this can vary. Ascot Mortgages offers:

– Competitive LTV ratios.

– Transparent fee structures.

– Customized loan amounts based on individual needs and property values.

It’s essential to assess your repayment strategy and financial capacity when determining the loan amount.

Alison Gibson

Ascot Mortgage Expert

Remortgage

Remortgaging is applied when you keep

living in your present property while applying for another mortgage deal with a new lender. Before finding out how to remortgage and get the best offers from experts like Ascot Mortgages, you have to check meeting what parameters of the deal that can help you succeed the most. The range of background factors varies a lot — from the recently changed loan-to-value ratio or your existing agreement coming to an end.

Whether you are trying to get a more beneficial deal or searching for funding to improve your home conditions, remortgaging is one of the most advantageous scenarios to consider.

How do I apply for an urgent bridging loan?

Applying for an urgent bridging loan with Ascot Mortgages is a straightforward process:

  1. Initial Consultation: Discuss your financial needs, property details, and loan requirements with our expert team.
  2. Loan Proposal: We will develop a tailored loan proposal, outlining the loan amount, terms, fees, and interest rates.
  3. Documentation Submission: Provide the necessary documents for verification and assessment.
  4. Approval & Disbursement: Once approved, the loan amount is quickly disbursed to meet your urgent needs.

In conclusion, fast bridging loans from Ascot Mortgages are a practical solution for those in need of quick, short-term financing. Our expert team is on hand to guide you through every step of the process, ensuring you secure the funds you need promptly.

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FAQ

Yes, there is a maximum loan amount for fast bridging loans, which can vary depending on the lender and the specifics of the loan application. At Ascot Mortgages, we assess each application individually, taking into account the value of the security, the purpose of the loan, and the borrower’s repayment ability to determine the maximum loan amount, all in line with UK lending regulations.

Absolutely, fast bridging loans can be utilised to finance commercial properties. Whether you are looking to purchase, renovate, or secure a commercial property quickly, Ascot Mortgages can provide a tailored fast bridging loan solution that aligns with your needs and complies with the relevant UK financial regulations.

If repaying the fast bridging loan within the agreed timeframe becomes challenging, it is crucial to contact Ascot Mortgages immediately. We are committed to working collaboratively with our clients to explore possible solutions, which may include restructuring the loan or identifying alternative financing options. Any modifications or arrangements will be made in accordance with UK lending standards and regulations.

Extending the loan term for a fast bridging loan may be possible, depending on the circumstances surrounding the extension request. Ascot Mortgages evaluates each extension request on its individual merits, ensuring compliance with UK lending guidelines and assessing the borrower’s ability to fulfil the revised repayment terms. Should you have any additional questions or require further assistance, our expert team at Ascot Mortgages is on hand to offer guidance and support throughout the loan process.

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