Unregulated UK property finance
Bad Credit Bridging Loans
Property-led assessment for disclosed credit complications
Defaults, county court judgments, arrears or other credit problems do not always prevent an unregulated bridging loan, but they affect the available route. Sterling reviews the full background, property and repayment plan before approaching relevant specialist lenders.
What lenders will assess
- The cause, age and current position of the credit issue
- The property, condition and valuation
- The loan purpose and amount
- The proposed exit and contingency
- Any experience relevant to the transaction
Full disclosure matters
Credit searches and underwriting may reveal omitted information. Explaining the position clearly at the outset allows Sterling to identify providers whose criteria are more likely to fit.
Terms are case specific
Credit history can affect pricing, fees, leverage and lender choice. Any available terms are set by the lender after underwriting.
Discuss a complex credit case
Share the property, requirement, exit and complete credit background for a confidential initial assessment.
Common Questions
Not automatically. The effect depends on the details, property, purpose, exit and lender criteria.
Usually. You should expect credit and background checks and should disclose all known issues at the start.
Only if a suitable longer-term facility is genuinely available at that point. The proposed refinance must be assessed before the bridge is taken.
No. Sterling does not handle regulated residential mortgage, regulated bridging or consumer buy-to-let enquiries.