How to secure bridging finance with KSEYE

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 purchase
  • Capital raising
  • Funding refurbishment or renovation
  • Developer exits
  • Providing funding by tight deadlines

KSEYE’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 checks
  • Loan agreement finalisation

Once 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.