Key Product Information

Key Criteria
Rates

Stepped Rate (all LTVs):

Initial Rate from

0.49%

Initial Term

6 m

Total Term

12 m

Secondary rate

1.25%

Flat Rates (from):

80% LTV

0.78%

75% LTV

0.78%

70% LTV

0.78%

Max LTV

80% LTV

Max LTGDV

70% LTGDV

Further advances

100% cost of works in arrears inc professional fees

Valuation basis

OMV 180 day

Uses

Finish & exits, HMO conversions, commercial conversion & structural work

Properties

Residential investment

Areas

England & Wales

Security

1st charge

Sizes

£200k - £15m net

Terms

12-24 months

Borrower type

Individual & Corporate

Borrower residency

UK & Foreign

Interest basis

Retained

Customers

Clean credit & non-PEP's

How it Works

Step 1

Register Here

Register Here
Step 2

Send an enquiry to enquiries@aspenbridging.co.uk or call an underwriter directly or use the portal to generate an instant quote yourself.

Quotes will include integrated legal fees to maximise speed & transparency.

Step 3

Submit the preferred option on our online portal with basic info on customers, the security and the solicitors.

You will be notified which underwriter your case is assigned to and within 3 hours you will receive a DIP post credit and land reg searches which will include case-tailored forms.

Step 4

Return the 1-page Authorisation Form and we will instruct the lawyers and valuers within 1 hour of receipt. Clients will need to put solicitors in funds for undertakings and pay valuers directly.

Step 5

We will share reqs list information with you every step of the way and work to help you and your client through to completion.

Step 6

Aspen releases funds for completion and pays introducers within hours.

Step 7

Aspen will provide draw-downs in arrears of works in support of the project up to 100% of the cost of works.

This will either be done via a building surveyor or Aspen team member re-visit depending on level of works (or without a revisit based on build control or warranty sign-off) with turn arounds as fast as 48 hours.

We pride ourselves only supporting cases which we will see through to the end and are yet to leave a property unfinished.

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Refurbishments Case Studies

Aspen Bridging provided 100% total works cost through a £1.5M Heavy Refurbishment bridge for a project in Barnes, South West London.
Aspen Funds £1.6M Complex Conversion Bridge for Overseas Developer

Aspen has completed a £1,600,000 Heavy Refurbishment bridge for a Chinese national developer which includes over half-a-million pounds in works, representing 100% of the total works cost.

An experienced development company has secured two NatWest sites in North London thanks to a  £3,050,000 Refurbishment facility from Aspen.
Developer Banks on Aspen to Secure Development Opportunities

An experienced family-owned development company banked on Aspen Bridging to deliver a £3,050,000 Refurbishment facility for the purchase and redevelopment of two former NatWest sites in North London.

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We do not offer regulated loans, mortgages or credit agreements, and are not regulated by the FCA.
Aspen Bridging is a trading style of Aspen Bridging Limited, registered in England and Wales under number 10270026