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If you are looking for a fast, flexible funding solution for your property or investment needs, bridging finance might be the answer. At KSEYE, we specialise in bridging loans to meet a wide range of borrower needs, from the tailored and bespoke through to the straightforward. Whether you use a broker or apply directly, this step-by-step guide will take you through the process of obtaining bridging finance with us. Understanding Bridging Finance Bridging loans provide an option to borrow money for a short amount of time secured against a property. They are most commonly used when more mainstream kinds of finance aren’t available – typically either due to the timescale in which funds are needed, or the condition of the property.  Bridging finance can be used to meet a range of needs, including:Property purchaseCapital raisingFunding refurbishment or renovationDeveloper exitsProviding funding by tight deadlinesKSEYE’s loans range from £150,000 to £50 million, with terms from 3 to 15 months. Step 1: Submit an enquiry Before applying for a bridging loan, identify your funding requirements, and be prepared to provide information about your desired loan during the initial enquiry stage. This information includes:Loan Purpose: Are you purchasing, renovating, capital raising or refinancing?Loan Size: How much do you need to borrow?Details of security property(s)Exit Strategy: How will you repay the loan (e.g., property sale or refinancing)?Our underwriters will assess your enquiry, and issue indicative terms within hours, which will not change unless additional information that might impact the rate we offer comes to light later in the process. If you want to proceed, we will ask you to submit a full loan application. Step 2: Submit a full application The full application will ask for information including your ID, proof of address, and details of assets & liabilities, and that you pay a £600 commitment fee.At this stage, we will obtain valuation quotes and undertake paid searches in relation to your application. Following this, we will issue an Agreement in Principle (AIP), which confirms the loan amount, LTV and rate.When you sign the AIP, we will instruct the valuation and begin the legal processes around the loan. Step 3: Legal process and release of funds Our solicitors and your solicitors will handle the legal paperwork. The process typically includes:Property checksLoan agreement finalisationOnce the legal process is completed and the loan is finalised, funds are released swiftly, often within 24 hours. Ready to get started? Browse our product pages to learn more about the bridging loans that we offer, contact us with any questions you might have, or submit an enquiry to start your loan application process.Our team are here to guide you every step of the way if you are unsure about any of the specific steps involved in securing a bridging loan from KSEYE.

Property auctions can provide an ideal opportunity for investors to acquire assets below their market value, but the tight timescales involved mean that funding can be an issue.Where the funding for an auction purchase is required within 28 days, bridging loans offer the ideal solution to provide funding in time for any deadline.Auction bridging finance at KSEYE can go even further, as we can pre-agree auction finance. This means we can offer indicative terms before the auction takes place, to allow you/your clients to enter an auction knowing that the first steps of obtaining finance are already underway.So how do our pre-agreed auction bridging loans work? The step-by-step guide below tells you everything you need to know. Identify the property Before any property auction, the catalogue will contain information about each lot. Assessing the details of the properties in terms of how worthwhile they are as an investment – either to form part of a property portfolio or to refurbish and sell – is the first step in the process. Send the details to KSEYE After you identify the property you/your client hopes to acquire, share the property details with us. Our underwriting team will look at the property and ask any necessary initial questions. We will give an indicative rate & LTV After our underwriters have finished their initial assessment, they will send a set of indicative terms. This is the rate and LTV which we will lend at unless something materially changes. Bid with confidence With the indicative terms, you/your client can bid with confidence, safe in the knowledge that the process of obtaining finance to meet the auction deadline is underway. Win the auction, and proceed with the loan With indicative terms already being issued, all you/your client need to do is complete a loan application form to proceed with KSEYE. Our team act urgently when we know there is a strict deadline that funds are needed by, and we’ll keep you updated every step of the way. To learn more about KSEYE’s auction finance, visit our dedicated product page, or to discuss a pre-agreed auction bridging loan, contact us today.

July was a busy month here at KSEYE. From a wonderful summer party to landmark deals and notable product updates, a lot happened! You can find everything you need to know in the recap below.At the start of the month, we held our Spanish Summer Fiesta at Aqua Nuevo. The night included a specially curated menu, ranging from patatas bravas to chicken bomba rice, with sangria served on arrival and a range of classic cocktails. However, it was the guests who joined us who made the party as fun as it was! You can find a collection of photos from the event below.In mid-July, we completed a notable £14.25m development exit bridging loan at 75% LTV, taking our cumulative lending close to £800m.This loan was followed by the announcement that we have doubled our maximum loan size to £50m, in response to an increased appetite for large loans in the first half of the year, both in enquiries received and loans we have funded.

In June, members of the KSEYE team visited Birmingham NEC for the NACFB Commercial Finance Expo 2024, one of the major…