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Monday 8:30am - 7pm Tuesday 8:30am - 7pm Wednesday 8:30am - 7pm Thursday 8:30am - 7pm Friday 8:30am - 6pm Saturday 9am - 1pm

Promise Money

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YOUR BANK may have hundreds of loan and mortgages products. PROMISE MONEY has over 10,000.
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Promise Money is a finance specialist in all types of mortgages, homeowner loans, bridging loans, commercial loans, HMO's and buy-to-let. Other brokers come to us to help them place their applications - you can come direct. Why would you choose Promise Money?

1000's of loan and mortgage plans available

Our in house team has over 30 years experience arranging loans for people just like you

More choice so you get the rates you deserve or the loan you need when others often say no. In house expertise in mortgages, loans, bridging and commercial finance so you get help and advice you didn’t even know you needed.

02/11/2026

No working bathroom? No functional kitchen? Severe damp? A high street mortgage valuer will slap a zero valuation on that property immediately.

Standard mortgage lenders require a property to be habitable from day one to lend. But bridging lenders actively look for unmortgageable properties because they know you're adding value.

You use a bridge to buy, carry out the necessary works to make it fully compliant and lettable, and then refinance onto a standard buy-to-let mortgage.

We reveal how to secure finance on unmortgageable auction stock on the Promise Money YouTube channel - https://www.youtube.com/

Or visit https://www.promisemoney.co.uk/bridging-loans/

01/11/2026

Short on cash for a deposit on your next purchase? You might already have the funding sitting right inside your existing portfolio.

Cross-collateralisation allows a bridging lender to take a first charge on the new property and an equitable or second charge over another property with surplus equity.

This allows experienced investors to fund up to one hundred percent of the purchase price and refurb costs without selling existing assets.

Learn how charge stacking works safely in our full YouTube explainer on the Promise Money channel.

https://www.youtube.com/

https://www.promisemoney.co.uk/bridging-loans/

31/10/2026

Did you know you don't always have to pay monthly interest while running a bridging loan?

With serviced interest, you make payments every month, just like a regular mortgage. You'll need to prove your ongoing income can cover the debt service.

With retained interest, the lender rolls up the entire expected interest charge for the term into the gross loan at the start. That means zero monthly payments while you complete your refurbishment.

We compared the exact cash flow differences in our detailed YouTube video on Promise Money.

https://www.youtube.com/

https://www.promisemoney.co.uk/bridging-loans/

31/10/2026

When the auction hammer falls, you have exactly twenty-eight days to complete. If you miss that deadline, you forfeit your ten percent deposit.

High street banks typically take eight to twelve weeks to process a mortgage. That's why auction buyers rely on specialist bridging finance, where funds can be arranged in seven to fourteen working days.

The secret is instructing your solicitor and getting an Agreement in Principle before you even bid. Never raise your paddle without pre-underwritten funding ready to go.

Watch our complete twenty-eight day auction checklist over on the Promise Money YouTube channel.

https://www.youtube.com/

https://www.promisemoney.co.uk/bridging-loans/

30/10/2026

What's the real difference between an open bridge and a closed bridge? It comes down to one thing: a fixed repayment date.

A closed bridge has a guaranteed, legally binding completion date in place, like an exchanged contract of sale on your existing property.

An open bridge gives you flexibility when your exit date isn't set in stone, though lenders will still require a realistic repayment plan within a maximum term, typically twelve months.

Head over to our Promise Money YouTube channel where we break down the pricing and lender criteria for both.

https://www.youtube.com/

https://www.promisemoney.co.uk/bridging-loans/

29/10/2026

A bridging loan without a clear exit is not a financial strategy. It's a ticking clock.

Before any specialist lender releases a single pound, they want to know exactly how they get paid back. Typically that means sale on the open market, or refinancing onto a long-term buy-to-let mortgage.

The trap? Many investors assume they can refinance after six months, but haven't factored in lender seasoning rules or minimum lease lengths.

Plan your exit before you sign the offer letter, not when the bridge is due to expire.

We broke down all the main exit routes and fallback options in our full YouTube guide on Promise Money.

https://www.youtube.com/

https://www.promisemoney.co.uk/bridging-loans/

29/10/2026

When the auction hammer falls, you have exactly twenty-eight days to complete. If you miss that deadline, you forfeit your ten percent deposit.
High street banks typically take eight to twelve weeks to process a mortgage. That's why auction buyers rely on specialist bridging finance, where funds can be arranged in seven to fourteen working days.
The secret is instructing your solicitor and getting an Agreement in Principle before you even bid. Never raise your paddle without pre-underwritten funding ready to go.
Watch our complete twenty-eight day auction checklist over on the Promise Money YouTube channel.

28/10/2026

Found a plot with outline planning, or waiting for detailed planning approval before you start building?

Planning bridging loans allow you to acquire land or buildings quickly while planning conditions are being finalised.

Once detailed permission is granted, you can either transition straight into a development finance facility or sell the site with the uplift in value to clear the bridge.

Check out our full YouTube guide on land acquisition and planning finance over on Promise Money.

https://www.youtube.com/

https://www.promisemoney.co.uk/bridging-loans/

28/10/2026

A bridging loan without a clear exit is not a financial strategy. It's a ticking clock.

Before any specialist lender releases a single pound, they want to know exactly how they get paid back. Typically that means sale on the open market, or refinancing onto a long-term buy-to-let mortgage.

The trap? Many investors assume they can refinance after six months, but haven't factored in lender seasoning rules or minimum lease lengths. Plan your exit before you sign the offer letter, not when the bridge is due to expire.

We broke down all the main exit routes and fallback options in our full YouTube guide on Promise Money.

https://www.youtube.com/

https://www.promisemoney.co.uk/bridging-loans/

27/10/2026

Can you get a bridging loan if you've had CCJs, defaults, or an imperfect credit history?

The short answer is yes. Because bridging finance is secured against property, lenders focus primarily on asset security and the credibility of your exit strategy.

If the equity is solid and there is a verified route to repay the loan on time, past adverse credit does not have to stop your deal.

Watch our full YouTube guide on Promise Money to see how specialist lenders view complex credit.

https://www.youtube.com/

https://www.promisemoney.co.uk/bridging-loans/

Address

Fullard House
Wednesfield
WV113QG

Opening Hours

Monday	8:30am - 7pm
Tuesday	8:30am - 7pm
Wednesday	8:30am - 7pm
Thursday	8:30am - 7pm
Friday	8:30am - 6pm
Saturday	9am - 1pm

Telephone

+441902585020

Website

http://www.promisemoney.co.uk/

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