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What is International Bridging Finance?

International bridging finance is a short-term funding solution that enables individuals and businesses to secure property or assets globally while bridging financial gaps. It’s commonly used to acquire property before a sale is finalised or while awaiting long-term financing.

Enness Global can assist if:

  • You’re based in the UK and wish to use your international portfolio as collateral.
  • You’re a non-UK resident with international properties seeking bridging finance.
  • You have UK properties and want to use them as collateral for a bridging loan.

Enness offers solutions to meet your specific international needs.

Talk to a Bridging Broker Today!

What is International Bridging Finance?

500+

A large network of trusted lenders.

6

Global market locations.

15+

Years of experience.

Our Bringing Experts

Our expertise in international bridging finance is built on trusted partnerships with top lenders globally. Meet our team below to see how their experience and insight can help you secure the funding you need.

MEET OUR TEAM GET IN TOUCH

Chris Witney

HEAD OF SPECIALIST LENDING

Fergus Shires

COMMERCIAL & DEVELOPMENT BROKER

International Bridging Loans FAQs

Structuring International Bridging Finance

In theory, the structure of a bridging finance arrangement is relatively straightforward. Funds are released at a predetermined interest rate on a short-term basis. In this instance, they are backed by international property assets, which more than cover the lenders' financial exposure. The short-term nature of such transactions means there is relatively little exposure to currency movements. However, currency movements are still a risk that you shouldn't overlook.

There are ways and means of mitigating currency risk, especially for short-term financing, which will help you obtain a more competitive interest rate. Enness has significant experience and contacts in this area and will help you put a plan together to make sure you are exposed to a minimum of risk.

As well as considering currency exposure, Enness looks at the whole picture when it comes to international bridging finance. The team will put forward the solutions that meet all your financing needs and propose a plan of action that will help protect you from unnecessary risk. You can expect bespoke service, and a holistic approach will consider and plan for all aspects of your financial well-being, no matter how complex your circumstances or your transaction.

Different Jurisdictions, Different Laws

It's easy to fall into the trap of assuming that foreign laws will be similar to those in the country where you live or your homeland. If only things were so simple.

Laws, regulations and rules vary from country to country and can change significantly, even between countries with similar legal systems. When it comes to international bridging finance, work alongside a partner with a track record of negotiating international bridging deals. Understanding the subtle differences between jurisdictions and their respective rules and regulations will make (or break) an international bridging deal.

Enness offers every client a bespoke experience that's tailored from start to finish around your needs. Your broker will ensure you're offered an international bridging finance deal that protects your interests and encourages competition from lenders, creating a favourable outcome for you.

Enness has a growing number of overseas offices, and the company has recently extended its international footprint and influence. The team has access to localised legal advice in countries across Europe and around the world. As a result of Enness' experience and contacts, the team has often overcome many challenges on behalf of clients and have succeeded in completing deals where others have failed.

If you are looking to use your international property portfolio as collateral for international bridging finance, Enness can help you. Get in touch to have a no-obligation chat about your needs.

Restrictions on International Bridging Finance

In many ways, the UK is more liberal and outward thinking than any other financial market in the world. If you require finance and have real estate that you can use as collateral, there is not much that is not up for negotiation.

Other parts of the world - Europe in particular - is slightly more reserved. Differences can look subtle but scratch below the surface, and you'll often find significant anomalies or characteristics that influence international bridging finance.

For example:

  • German lenders cannot charge more than twice the standard interest rate on loans
  • Spanish homes are often passed from generation to generation within a family. As a result, they are viewed as a possession as opposed to an investment
  • Some foreign countries will not accept international mortgage applications based on sterling income streams

It'll come as no surprise that these subtle restrictions in some European markets have reduced overseas competition in the international bridging finance sector. It is also fair to say that the UK international bridging finance sector is one of the most advantageous in the world. Mainstream banks and specialist mortgage companies in the UK are more than happy to accept international property as collateral for short-term bridging loans. They also have an international outlook and are happy to consider clients who live abroad or have properties around the globe.

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Contact Enness

If you are looking to use your international property portfolio as collateral for international bridging finance, Enness can help you. Get in touch to have a no-obligation chat about your needs.

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