Residential Bridging Loans

Speak to an Expert Advisor


Let us Look Into The Best Rates

Why Choose Us

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

Ascot Mortgages is a prominent name in the financial sector, offering bespoke financing solutions tailored to your unique needs. A residential bridging loan is one such versatile financing option, specifically designed to meet the temporary financial needs associated with residential property transactions. Whether you’re eyeing a quick property purchase or aiming for a seamless house move, our residential bridging finance options ensure your plans remain on track.

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:


Written by:

Phil Greenwood

Ascot Bridging Expert

Last Updated:


When to Consider Residential Bridging Loans

A residential bridge loan is an excellent option under several circumstances. These include:

  1. Quick Property Purchase: For securing a property swiftly when long-term financing is not immediately available.
  2. Auction Acquisitions: Winning bids often require immediate funds—this is where a bridge loan shines.
  3. Chain Break Finance: Filling financial gaps in property chains to prevent house buying from falling through.
  4. Renovation & Development: When short-term funding is needed for refurbishing or developing a residential property.

Eligibility and Application Process

Securing bridging loans for residential property is a streamlined process at Ascot Mortgages. Here’s a simplified overview of eligibility and application:

Eligibility Criteria:

  • Ownership of a property (for security)
  • Clear exit strategy
  • Proof of income (in certain cases)

Application Process:

  • Initial Consultation: Discuss your requirements and financial situation with our experts.
  • Proposal Review: We’ll assess the feasibility of your proposal and advise on the loan structure.
  • Documentation: Submit necessary documents for verification.
  • Approval & Funding: Upon successful verification, receive quick approval and access to funds.

Mortgage Repayment Calculator

Interest Rates and Fees

Understanding the cost structure is crucial when considering residential bridging finance. At Ascot Mortgages, we offer competitive interest rates and transparent fees. Here’s a breakdown:

  • Interest Rates: These are typically higher than traditional mortgages due to the short-term nature of the loan. Rates can be fixed or variable.
  • Fees: Expect to encounter arrangement fees, exit fees (if applicable), and valuation fees.

Always ensure a thorough review of the cost implications before proceeding with a bridging loan

Property Types and Usage

Residential bridging loans are versatile, catering to a variety of property types and usage scenarios:

  1. Types of Properties:

   – Houses

   – Flats/Apartments

   – Bungalows

   – Land with planning permission

  1. Usage Scenarios:

   – Buying at auction

   – Renovation projects

   – Chain break situations

   – Swift property acquisition

Alison Gibson

Ascot Mortgage Expert


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.

Benefits and Risks of Residential Bridging Loans

Opting for a residential bridging loan comes with several benefits, but it’s essential to be mindful of potential risks:


  • Speed: Quick approval and fund disbursement.
  • Flexibility: Loans tailored to your unique requirements.
  • Short-Term Solution: Ideal for addressing immediate financial needs.


  • Higher Costs: Interest rates and fees can be higher compared to other financing options.
  • Repayment Risks: Failure to repay can lead to property repossession.

Choosing the Right Lender

Choosing the right lender is pivotal in securing a residential bridge loan that aligns with your needs. Ascot Mortgages stands out for its:

  • Expertise: Profound knowledge of the UK bridging finance market.
  • Tailored Solutions: Bespoke loan options crafted around individual needs.
  • Transparency: Clear communication of terms, rates, and fees.
  • Customer Service: Dedicated support throughout the loan process.

In conclusion, Ascot Mortgages is your go-to destination for residential bridging loans, offering a blend of expertise, flexibility, and transparency. Navigating the complexities of bridging finance has never been easier. Contact us to discuss your needs, and let’s build a bridge to your property aspirations together.

Apply for a Mortgage

Get things moving, apply for a remortgage.

Call Now - 01925 711 558

Free unbiased mortgage advice is just a phone call away.


Yes, having an existing mortgage on another property does not prevent you from applying for a residential bridging loan with Ascot Mortgages. Each application is assessed on an individual basis, focusing on the viability of the proposed project and your ability to meet the repayment terms.

Residential bridging loans are versatile, but they are primarily intended for short-term financing needs related to residential property, such as purchasing a new home before selling the current one, completing renovations, or resolving short-term cash flow issues. It is important to discuss your intended use of the funds with Ascot Mortgages to ensure it aligns with the loan’s purpose and complies with relevant UK regulations.

If you find yourself unable to repay the residential bridging loan within the agreed term, it is imperative that you contact Ascot Mortgages as soon as possible. We are dedicated to working with our clients to find suitable solutions, which could include restructuring the loan or exploring alternative financing options, in line with UK lending standards and regulations.

It may be possible to extend the term of your residential bridging loan, subject to an assessment of your specific circumstances and the rationale behind the extension request. Each request for an extension is considered on a case-by-case basis by Ascot Mortgages, ensuring compliance with UK lending guidelines and your ability to meet the revised repayment terms.

Yes, engaging a solicitor is necessary when obtaining a residential bridging loan, as there are several legal aspects involved, such as property conveyancing and securing the loan against the property. A solicitor will manage the legal process, ensuring all requirements under UK law are met and the interests of both parties are safeguarded.

Absolutely, residential bridging loans can be used for buy-to-let properties. Whether you are purchasing, renovating, or refinancing a buy-to-let property, Ascot Mortgages can provide a tailored bridging loan solution that meets your specific needs and complies with UK property finance regulations.

Yes, residential bridging loans are regulated in the UK when the loan is secured against a property that the borrower or their immediate family will occupy. The Financial Conduct Authority (FCA) regulates these loans to ensure that lending practices are fair, transparent, and in the best interest of the consumer. Ascot Mortgages adheres to all FCA guidelines and regulations to provide you with a secure and reliable lending service. For any further enquiries or personalised advice, our dedicated team at Ascot Mortgages is here to assist you and guide you through the application process.

Meet Our Team


Contact Us

*Privacy Notice - Any information provided will be treated with confidentiality and will only be accessible within Ascot Mortgages