We are a leading provider of swift, competitive short-term property finance solutions. We enable clients to realise opportunities and progress developments with tailored lending options. We have a strong history of providing lending solutions to meet various property financing needs. Our mission is to provide our clients with the best possible service and solutions for their property funding needs. We strive to be a trusted and reliable partner that our clients can count on to help them achieve their goals.

We are a specialist property finance & mortgage broker providing swift, competitive short-term lending to individuals and businesses to help them realise their goals. We offer a range of first and second charge finance products for all types of property, including residential, mixed-use, and commercial assets; along with refurbishment projects and development finance.

We take each applicant, their property and financial circumstances into consideration when assessing a loan proposal and can provide finance to those with adverse credit, CCJs, complex company structures or undervalued properties.

Residential: Flats & Houses Loft conversions & extensions Refurbishment projects MUFBs & HMOs Grade II & III listed Semi-Commercial: Flats above commercial units Mixed-use freeholds Land with planning Commercial: Offices blocks Retail units Hospitality & Leisure Warehouses & Industrial Care Homes & Medical

AIC Mortgages has a track record in providing quality specialised finance products and services. With over 20 years of combined experience behind us, we have highly qualified team who specialise in complex circumstances and can respond quickly to any potential problems. We present all of our changes upfront so you can rest assured there are never any hidden fees.

Bridging loans are a form of short-term, alternative finance designed to provide property investors with flexible funding for their investments. Helping to bridge the gap between payments, bridging loans are often used by people or companies who want to: Secure payment on an asset while long-term financial solutions are worked on in the background Keep moving plans afloat by bridging the gap between sale and completion dates in a property chain Plan speedy turnarounds for renovation projects Buy property quickly via auctions Generally, borrowers use some form of collateral as security, including real estate or stock inventory. While bridging loans are a short-term solution, term lengths can vary between lenders. At AIC Mortgages, funding is available from 3-24 months.

Below are the types of bridging loans we offer: Residential Bridging Loan Semi-Commercial Bridging Loan Commercial Bridging Loan Refurbishment Bridging Loan Second Charge Bridging Loan

Bridging loans can be issued very quickly in comparison to how banks and other long-term lenders move when dealing with a property purchase. Generally, bridging finance can be issued in mere days following an application. For comparison, mortgage approvals can take between 30-45 days on average. In complex circumstances, this can even stretch into months. Dealing with long-term mortgages can be stressful for buyers who need to move quickly. For example, auction buyers typically only have 28 days to complete their purchases. The flexibility of a bridging loan is another potential benefit for investors. When repaying loans, most companies offer serviced repayments, where the borrower pays monthly interest. They may also allow rolled up repayments where payments are delayed until the end of the term. Many bridging lenders allow for a mixture of both, often being tweaked to fit the buyers specific needs and circumstances.

Bridging finance is typically used for residential or commercial property purposes. This can cover a broad range of investments and situations, including: Buying property at auction Purchasing a property while awaiting the sale of another Expanding a property portfolio Renovating a run-down property with a sale in mind Making a commercial investment such as moving office or upgrading a warehouse This is far from an exhaustive list. The flexibility of a bridging loan can provide funding for investment in almost any situation where short-term support is needed. It should be remembered however, no matter what the end goal is, a clear exit strategy will be needed.

When you apply for bridging finance, lenders will add a charge to the property being used as security. This will be needed to secure a loan against that property. There are two types of charges for bridging finance: First charge – this is where the loan is the first, or only, borrowed funds secured against a property. Long-term mortgages being an obvious example Second charge – this is where a loan or mortgage is already listed against a property and a second charge loan is added against the property to raise additional finance Where property with second charge finance is repossessed and is sold off to pay any outstanding debts, first charge loans will receive repayment in full first. Once this is done, a second charge lender would then receive their repayments from whatever remains of the sale. Given this order of repayment, second charge finance is riskier for bridging lenders. As such, they often have higher monthly rate charges when compared to first charge loans to reflect the risk. While the bridging process will vary between lenders, at AIC Mortgages we follow six simple steps: A bridging finance enquiry is received Indicative terms are issued quickly – within 4 hours. The terms are subject to credit approval and receive of information Decision in principle (DIP) issued, subject to valuation, due diligence and legal terms Valuations are instructed. Here, commitment fees are received, while solicitors are instructed Legal paperwork issued and commitment fee refunded The funds are then issued – also known as loan drawn down