Day Rate Short Term Bridging Finance

Day Rate Loans

At MS Lending Group our short term bridging finance meets unprecedented flexibility, we offer a groundbreaking day rate bridging product that sets a new standard in the industry.

What does this mean? We allow you to pay solely for the days you keep the loan with no arrangement fee, and no exit fee.

Tailored for those in need of a fast bridging finance solution, our day-rate bridging loan can be used during the sale or refinance process and also for property investors navigating rapid property transactions.

What Is Day Rate Bridging Finance?

Day rate bridging finance is a highly flexible, fast bridging finance solution that has been designed for borrowers who need immediate funding but are wanting to avoid the tied down nature of long-term commitments. 

With our modern day take on bridging loans, our day rate means that you only pay interest for the exact number of days you use the loan, offering a pay-as-you-go approach to borrowing. 

This fast bridging loan structure is ideal for property investors or developers who may need just a few days or weeks to bridge the gap while awaiting a sale, refinancing, or additional funding.

By eliminating traditional constraints, our day rate bridging product redefines short-term lending. 

This approach offers clients complete control over their financing, empowering them to move quickly without unnecessary costs. Whether you need instant bridging finance funds to secure a property purchase at auction, finalise a sale, or navigate delays in refinancing, day rate bridging finance provides unmatched flexibility tailored to your immediate needs.

Who Can Benefit from Day Rate Bridging Finance?

Day rate bridging finance is tailored for a diverse range of property investors, developers, and professionals who value flexibility and modern day short-term funding without long-term costs. 

While this isn’t an extensive list, some of the key players that may utilise such include:

• Property Investors: Investors often encounter opportunities that require fast short term bridging finance action, such as buying a property at auction or preparing/ flipping a property for resale. With day rate bridging finance, investors can secure funding immediately, complete their transaction, and exit the loan as soon as their project is finalised, without paying for unused time.
• Developers: Development projects sometimes face delays, whether due to market conditions or lengthy refinancing processes. The day rate option allows developers to bridge this gap effortlessly, maintaining momentum without piling interest over an extended period.
• Those Facing Delays in Securing Long-Term Finance: Traditional financing options like bank loans can come with lengthy approval times. For clients facing these delays, our short term bridging finance day rate bridging product provides the bridge needed to keep transactions or development projects on track.

Whether you’re a property professional or navigating a unique financing situation like never before, at MS Lending Group, our day rate bridging finance offers the flexibility and responsiveness necessary to meet your plans on your terms.

What Makes Us Different from Other Bridge Lenders?

Our product is a game-changer as we offer: 

• No minimum term commitment
• Maximum term of three months
• Exclusively available bridging finance loans on residential properties on a first charge basis. 

For these reasons alone, MS Lending Group is your go-to for seamless and agile instant bridging finance loans.

CEO & Founder Michael Stratton states:

“Day Rate is a true bridging of the gap, providing customers with a short-term bridge amidst industry delays. Empowering borrowers with the flexibility of a no-minimum-term bridge or re-bridge is a no-brainer.”

Our day rate bridging product perfectly complements our existing award-winning no valuation product, delivering unmatched speed and flexibility in the market. At MS Lending Group, we’re not just redefining fast bridging finance lending; we’re offering you a bridge to financial freedom for residential or commercial ventures.

Why Choose MS Lending Group’s Day Rate Bridging Finance?

Our day rate bridging finance is an industry-leading, modernised financial solution crafted to offer unmatched flexibility and speed for property investors, developers, and individuals facing urgent funding needs to maximise their profits. 

With our day rate product, we eliminate restrictive terms and unnecessary costs, focusing instead on giving clients what they need most: freedom and control over their financing.

By focusing on transparent pricing with no hidden fees or minimum term requirements, we empower borrowers to bridge gaps in financing on their own terms. Whether dealing with industry delays, awaiting refinancing, or a first time property transaction, our day rate product ensures you only pay for the exact time you use the loan, making it among the most cost-effective solutions available.

With us at MS Lending Group, you gain more than just fast funding, you gain a partner dedicated to supporting your success, offering flexible, accessible finance options that respond directly to your needs. 

Choose our speedy bridging finance day rate bridging finance to experience a new standard in short-term financing, designed to provide you with the ultimate flexibility and control.

What people are asking…

“My sale completes in three weeks but I need the money now. Can I get a bridging loan where I only pay for the days I actually use it?”

Yes, day rate short term bridging finance is in fact designed for these kinds of situations where you need access to capital for a relatively short and specific period. 

Rather than committing to a longer fixed term, the cost of the finance is calculated according to how long you actually use the funds.

This can make it particularly useful when you know your exit is expected shortly but aren’t able to wait for the funds to be released.  

An example looks like this, if you have a funding gap for a couple of weeks while waiting for a property sale to complete, a day rate facility can provide the capital required during that time period.

Simply put, once the sale completes and the loan is repaid, the borrowing ends. This can provide much more flexibility than taking a longer-term facility when you know that you only expect to need the money for a brief period.

The rate that you receive will depend on the individual application, so it is important to establish the likely costs and exit strategy before proceeding.

If speed is the top priority, fast bridging finance can also help when a conventional funding route is unlikely to meet your timescale.

“My remortgage has been delayed and I might only need funds for a fortnight. Is there a bridging loan with no minimum term and no exit fee?”

Yes, bridging finance is the exact solution and is perfectly suited where a remortgage has been delayed and you only need temporary funding to cover the gap. 

A product that is particularly helpful is a Day rate bridging loan, this is because the interest can be calculated on the number of days the facility is outstanding, rather than needing to have the finance for a longer period than necessary.

More often than not, clients use this kind of financing where the exit is expected to happen quickly but the exact completion date is uncertain.

For example, if your remortgage is expected to complete within two weeks but delays occur.

Temporary finance is there to fill these gaps and can provide the funds while the longer-term borrowing is found.

Whether a particular facility has a minimum term, exit fee or other charges will depend on the terms offered by the lender. The best way to find out if these kinds of terms will apply to you, is to speak to a bridging loan lender and ask what route is best for your personal scenario; we can help you do just that here at MS Lending Group.

“I flip properties quickly and never know if I’ll need finance for two weeks or two months. How does day rate bridging finance work for short, unpredictable timelines?“

The answer? Day rate bridging finance.

This is a product that is made with this scenario in mind, lenders like us at MS Lending Group understand this predicament and when time frames are difficult to predict you can base the finance is price according to the amount borrowed and the time the facility remains outstanding

We see this product used in various circumstances, for example investors who flip homes could be buying, refurbishing and selling multiple properties with different timelines making the finances seem somewhat non-linear.

For a property flipper, the exit might happen sooner than expected if the refurbishment is completed quickly and a buyer is found immediately, on the other hand, the project could take longer because of unexpected works or delays with the sale.

With short term bridging finance, the facility can be repaid when the planned exit takes place, subject to the specific terms of the loan.

frequently asked questions

Can I Get a Bridging Loan with Bad Credit?

Obtaining short-term bridging loans with bad credit is possible, however it may be more challenging depending on other bridging loan eligibility criteria that you do/do-not meet. When applying for bridging finance we consider factors such as property value and repayment plans. While a strong credit history helps when applying, we specialise in doing what we can to provide fast bridging finance for everyone eligible, giving more people an opportunity to invest. Discuss your situation with us today for an assessment.

Why Do People Get Bridging Loans?

People opt for short term bridging finance for a range of reasons, which is why they’re a popular choice for everybody, from professionals, to first time home buyers. The versatility of bridging loans make them a preferred choice for individuals and businesses seeking rapid adaptable financial solutions, with the key being the speed at which you can secure finance. Entrepreneurs find value in fast bridging loans as it can help to address immediate business needs, such as expanding operations or covering unforeseen expenses. Short term bridging finance also allows for rapid and timely acquisition of properties, crucial in the world of competitive auction scenarios where speed is paramount. Ultimately, instant bridging finance provides the necessary capital before securing long-term financing investments.

Do I Need a Solicitor for a Bridging Loan?

Involving a solicitor is certainly a good idea when obtaining a short-term bridging loan so the answer is, yes. Solicitors play a vital role in reviewing agreements, providing guidance, ensuring legal compliance and protecting your interests whilst helping you understand terms and conditions. Although involving a solicitor may come with extra costs it is a sensible idea for a smooth and legally sound instant bridging loan process.