AF Credit · Direct Principal Lender · Transparent Fees

Instant Bridging Loan Quote
Same-Day Formal Terms

Get a fast, online bridging loan quote in minutes — no commitment, no obligation. We're a direct principal lender offering same-day indicative terms across residential, commercial, auction, and refurbishment finance.

Rate from
0.79%/month
Max LTV
75%
Loan size
£26k–£2m
Offer
Same day
Direct principal lender — we use our own funds
Same-day offer — in-house underwriting team
No obligation — free indicative quote
1
Fill in the form
Property details & loan amount below — takes under 2 minutes
2
See instant terms
Rate, gross loan, fees & net advance shown on screen instantly
3
Submit & we call you
Our underwriting team responds the same day with credit-approved terms
About you
The property
The loan

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What we lend on

Bridging Loans for Every Property & Situation

As a direct principal lender we make our own credit decisions — no credit committees, no waiting for a panel. Get an instant online quote above, or explore our products below.

Residential
Residential Bridging Loans
Houses, flats, HMOs and uninhabitable properties. Fast completions, no monthly payments.
Commercial
Commercial Bridging Loans
Offices, retail, industrial, mixed-use. Rapid decisions on complex commercial assets.
Refurbishment
Refurbishment Bridging Loans
Light and heavy refurb — extensions, conversions, loft works, structural improvements.
Auction
Auction Finance
Designed for the 28-day completion deadline. Residential and commercial lots.
Fast valuation
Desktop Valuation Bridging
Remote valuation — no physical surveyor, faster completions on standard properties.
No valuation
No Valuation Bridging Loans
AVM or APC-based lending — same-day offer where speed is critical.
Unusual or complex case?
We regularly lend where others decline — speak to our team directly.
Contact us →
Bridging loan guide

What is a Bridging Loan?

A bridging loan is a short-term secured loan used to bridge a gap in funding — typically 3 to 24 months. Unlike a mortgage, it completes in days rather than months, making it the go-to tool for property investors, developers and businesses who need to move fast.

The loan is secured against property — residential, commercial or land — and repaid in one bullet payment at the end of the term. There are no monthly payments: interest is either retained (deducted upfront from the advance) or rolled up (added to the loan and repaid at exit).

AF Credit provides unregulated bridging finance only — meaning the security property cannot be your main residence. We lend to property investors, developers, limited companies, SPVs and partnerships across England and Wales.

When do people use bridging loans?

  • →Auction purchases — win a property at auction and need to complete within 28 days before a mortgage can be arranged
  • →Investment purchases — buy a buy-to-let or investment property quickly before refinancing onto a long-term mortgage
  • →Refurbishment & development — fund light or heavy renovation works before refinancing or selling
  • →Capital raise — release equity from an existing property quickly for business or investment purposes
  • →Uninhabitable properties — purchase or refinance a property that a mortgage lender will not touch until works are complete
  • →Re-bridging — replace an existing bridging loan that is coming to the end of its term

Open vs closed bridging loans

A closed bridge has a defined exit date — for example, the completion date on a property sale already exchanged. A open bridge has no fixed repayment date within the agreed term. Open bridges typically attract a slightly higher rate due to the exit uncertainty. All AF Credit loans have a maximum term of 24 months.

First and second charge bridging

A first charge bridge is taken where there is no existing mortgage — the bridging lender holds the primary security. A second charge sits behind an existing mortgage. AF Credit lends on a first charge basis in most cases. Second charge cases are considered where appropriate — use the quote form above and we will confirm during our credit review.

AF Credit at a glance
Direct principal lender
Rate from0.79% / month
Loan range£26k – £2m
Max LTV75% (clean credit)
Term3 – 24 months
Offer speedSame day
GeographyEngland & Wales
Regulated?No — unregulated only
ERCNone (3-month min)
Bridging loan costs explained

How Much Does a Bridging Loan Cost?

Bridging loan costs differ from mortgages. Because terms are short, interest is usually measured monthly rather than annually. There are also several fees deducted from the gross advance. Our instant quote tool above calculates every cost and shows you the exact net advance before you submit.

AF Credit indicative rate table

Loan size Rate at ≤60% LTV Rate at 75% LTV Arrangement fee
Up to £50,000 1.15% pm 1.35% pm 3%
£50,001 – £100,000 1.00% pm 1.15% pm 2%
£100,001 – £500,000 0.89% pm 0.99% pm 2%
Over £500,000 0.74% pm 0.89% pm 2%

Rates are indicative and subject to underwriting. Adverse credit profiles attract a small rate premium. Use the quote tool above for a fully calculated illustration.

Fee breakdown

Interest
Retained upfront
Calculated on gross loan × monthly rate × term. Deducted from the advance on day one — no monthly payments required.
Arrangement fee
2–3% of gross loan
Deducted from the gross advance on day one. No upfront payment required before funds release.
Legal fee
~£1,600 (estimate)
Dual representation — one solicitor acts for both lender and borrower. Confirmed by your solicitor.
Admin fee
£995 per security
Covers title searches, valuation administration and case management. Deducted at drawdown.
Exit fee
One month's interest — no ERC
An exit fee equivalent to one month's interest is payable on redemption. There is no early repayment charge, but a minimum of three months' interest applies regardless of how early you exit.
Eligibility

Who Can Apply for a Bridging Loan?

AF Credit lends to a wide range of borrowers and property types. Because we make our own credit decisions as a direct lender, we can consider cases that may not fit standard lender criteria.

Borrower types we accept

  • ✓Individual investors & landlords
  • ✓Limited companies & SPVs
  • ✓Partnerships & LLPs
  • ✓Property developers
  • ✓UK nationals and some non-UK nationals
  • ✓Adverse credit (CCJs, missed payments, defaults)

Security we lend against

  • ✓Residential investment property
  • ✓HMOs & multi-unit freehold blocks
  • ✓Commercial & semi-commercial
  • ✓Uninhabitable & derelict properties
  • ✓Land (with or without planning)
  • ✗Main residence (regulated — not available)
Frequently asked questions

Bridging Loan Questions Answered

What is the difference between a bridging loan and a mortgage?
A bridging loan is a short-term (3–24 month) secured loan designed for speed. It completes in days, carries no monthly payments, and is repaid in one bullet at the end of the term — typically from a sale or refinance. A mortgage is long-term (15–35 years), structured for monthly repayment, and takes weeks or months to arrange. Bridging loans are more expensive per month but allow you to move quickly on property opportunities where a mortgage is too slow.
How quickly can I get a bridging loan offer?
AF Credit can issue same-day credit-approved indicative terms. The online quote tool above gives you an instant illustration; once you submit the form our underwriting team will review and issue formal terms the same working day in most cases. Full legal completion typically takes 5–14 days depending on solicitor speed and valuation type.
What does "net advance" mean?
The net advance is the amount that actually lands in your account on day one. It is the gross loan minus retained interest (deducted for the full term), minus the arrangement fee, legal fee and administration fee. Our quote tool works backwards from the net advance you need — so you enter what you want to receive and we calculate the gross loan required to deliver it.
Is this quote a real loan offer?
The online quote is an indicative illustration only. It shows likely terms based on the information you enter. A formal credit-approved offer requires our underwriting team to assess the property, title, exit strategy and borrower profile. We typically issue formal terms the same day you submit your enquiry — free and without obligation.
What LTV can I borrow up to?
Up to 75% LTV on clean credit. Up to 70% LTV with adverse credit such as satisfied CCJs, missed payments or defaults. LTV is calculated against the open-market value of the security property.
Can I get a bridging loan with bad credit?
Yes. AF Credit considers borrowers with adverse credit history including missed payments, satisfied CCJs and satisfied defaults. A small rate premium may apply and maximum LTV is 70%. Cases involving IVAs are reviewed individually. Undischarged bankruptcy is not considered.
Can I get a bridging loan for an auction purchase?
Yes — this is one of the most common uses of bridging finance. When you win a lot at auction, you typically have 28 days to complete. A standard mortgage cannot complete in time, so a bridging loan is used to complete the purchase. AF Credit can issue terms the same day and work with your solicitors to meet the auction deadline.
What properties do you lend against?
Residential investment property (houses, flats, HMOs, MUFBs), commercial (offices, retail, industrial), semi-commercial, land with or without planning, and specialist assets including uninhabitable and derelict properties across England and Wales. We do not lend on properties that would fall under FCA regulation — i.e. where the security is the borrower's main residence.
Is there an early repayment charge?
No early repayment charge. However, a minimum of three months' interest applies regardless of how early you exit. An exit fee equal to one month's interest is also payable on redemption.
Why use a direct lender instead of going through a broker?
As a direct principal lender, AF Credit makes its own credit decisions — you deal with our underwriting team throughout. There is no intermediary layer, which typically means faster decisions, clearer communication, and more flexibility on complex cases. Brokers remain useful when you want to compare multiple lenders simultaneously, but if you want to go direct and get an immediate answer, this quote tool is the fastest route.