Commercial Bridging Loans are used when there is a gap in financing that needs filling quickly.
For a Commercial Bridging Loan, the overall use of the property has to be more than 40% commercial. For example, if you were buying a retail unit with a flat above it, the retail unit’s value would have to be more than 40% of the total value.
Residential bridging loans are short term, interest-only loans generally used to help you meet a pressing financial need when dealing in the property market.
Applications are often decided on the value of the property and your exit strategy, more than your ability to meet payments.