Residential bridging finance
Residential Bridging Loans Surrey
Short-term FCA-regulated lending for owner-occupiers across Guildford, Woking, Esher, Cobham, Weybridge, Epsom, Reigate and the wider Surrey commuter belt. We introduce regulated work to authorised partners and keep the case moving day by day.
- Decisions in hours
- Completion in days
- £100k to £25m
- Surrey specialists
Surrey · Surrey
Bridge to your next move.
About residential bridging
Short-term property finance across Surrey and the South East England.
Regulated bridging is short-term lending secured against a home that you or an immediate family member already live in, or are about to move into. The Financial Conduct Authority regulates this product because consumer protection rules apply when the security is a residence. For Surrey homeowners caught between sale and onward purchase across the KT, GU and RH postcode belts, regulated bridging buys the time you need without the open-ended risk of losing the property you want. We work with authorised partners on every regulated case and keep the underwriting tight from day one.
Regulated bridging suits owner-occupiers across the Surrey commuter belt who need a residential bridge against a property they live in or plan to live in. Typical borrowers include downsizers selling a five-bedroom detached in Esher, Cobham or Oxshott and moving to something smaller in central Guildford or Reigate, buyers whose existing sale has lost a buyer mid-chain across the Elmbridge or Mole Valley districts, and homeowners completing on a new build off the Brooklands or Longcross plots before their current home reaches the market. The product fits clients with clear income, a clean credit profile, and a credible sale plan within a 12-month window. It does not suit speculative buying or property held purely for investment.
A typical case
How a residential bridging case runs in Surrey.
A retired couple in Oxshott accept an offer of £2.4 million on their six-bedroom detached, then find the Georgian townhouse they want in central Guildford on the market at £1.45 million with two competing offers in. Their buyer is solid but stuck behind a related sale in Esher that will not exchange for another six weeks. Without a bridge they lose the onward purchase. We package the case to two regulated lenders on our panel, both of which lend on owner-occupier terms across Surrey and the wider South East England commuter zone. The bridge sits at 60% loan to value against the Guildford purchase, on a 9-month term with serviced or rolled-up interest. **MT Finance** and **Together** both quote within the same morning. Indicative terms back in 24 hours, full underwriting in 5 working days, completion 12 working days after instruction. The couple complete on the Guildford townhouse, move in, and the Oxshott sale completes 7 weeks later. The bridge redeems out of the sale proceeds with 2 months of headroom on the term. Similar mechanics work for chain-affected buyers across Cobham, Weybridge, Walton-on-Thames, Leatherhead, Dorking and the Surrey Hills villages where chain dependencies routinely stretch beyond the original timetable. Across the KT, GU and RH postcodes the same pattern repeats month after month.
Rates and fees
What this product costs.
Regulated bridging in the current market prices between 0.55% and 0.85% per month depending on loan to value, term and exit strength. Cases that are clearly inside 6 months with a sold subject-to-contract onward sale price at the lower end of that band. Cases that need the full 12 months, or where the sale property is not yet marketed, price higher. The arrangement fee is typically 1.5% to 2.0% of the loan, added to the facility rather than paid upfront. Valuation fees run case by case and are paid on instruction of the valuer; Surrey detached stock above £1.5 million typically carries higher valuation fees because of the comparable evidence work required. Borrower and lender legal fees sit at roughly £1,500 to £3,500 per side for a clean residential security. Most regulated bridging products carry no exit fee. We quote every line item before you instruct, and we never describe a case as fee-free. There are always fees on a bridge.
Loan size and term
LTV ceiling and how long you borrow for.
Maximum loan to value on regulated bridging is typically 70% against open market value for an owner-occupied home in good condition. Most Surrey cases settle at 60% to 65% because the absolute loan sizes are larger and the lender wants headroom on the exit. Terms run from 1 month to 12 months for FCA-regulated work. Most clients across the KT, GU and RH belts use a 6 to 9-month facility, sized to give the onward sale a realistic window without paying for time you do not need.
Exit options
How the loan redeems.
Regulated bridging has two main exit routes. The first is the sale of the existing residence: the buyer in Esher, Cobham, Weybridge or Reigate completes, the bridge redeems out of the sale proceeds, and any equity remaining returns to the borrower. The second is a refinance onto a long-term residential mortgage where the borrower has decided to keep the property. Lenders want to see a credible sale strategy at the point of drawdown. That means agent appointed, property marketed, asking price in line with comparables in the relevant Surrey postcode, and ideally an offer agreed. Where the property is not yet on the market, expect questions on timing and pricing, particularly above the £2 million threshold where the buyer pool is thinner. A clear exit is the single biggest factor in getting a regulated bridge over the line at sensible pricing.
What makes a deal work
The clean cases.
Regulated cases run cleanly when the borrower has clean income, a clean credit file, a property that values reliably, and a sale plan that holds water. A retired couple with pension income, no consumer debt, a 1980s detached in Ashtead at a sensible asking price, and a buyer already through their mortgage offer is the textbook clean case. The bridge underwrites in days. Lenders also reward properties in mainstream Surrey postcodes, freehold houses rather than short-lease flats, and conventional construction. Where the onward purchase is also straightforward, the whole chain breaks easily inside a 6 to 9 month window. Detached freehold stock across the Surrey Hills villages and the commuter towns reads well to regulated bridging lenders precisely because the resale market is deep.
What doesn't
Where cases break.
Cases break where the sale property is overpriced, where the borrower has unresolved credit issues, where the security has non-standard construction, or where the onward use is partly commercial. Cases also stall where the borrower expects the bridge to fund a purchase larger than the realistic equity left after redemption. We will not progress a case where the maths do not work on the exit, because the consumer harm in a forced sale at the back end is real and not theoretical. Cases above the £3 million single-loan ceiling typically need a smaller panel of high-net-worth lenders, with longer underwriting timelines.
Our process
From first call to drawdown.
Step one, a triage call with one of our brokers. We need to see the purchase, the sale, the residual equity, and the credit profile. Step two, we package the case and put it to two or three regulated lenders depending on the specifics, and route the regulated activity to an authorised partner firm. Step three, indicative terms back inside 24 hours. Step four, instruct valuation and solicitors in parallel. Step five, full credit underwriting at the lender, typically 3 to 5 working days. Step six, drawdown, with funds released to the borrower's solicitor in line with the onward purchase completion. From triage to completion is normally 10 to 14 working days. Regulated bridging on owner-occupied residential property is FCA-regulated; unregulated bridging on commercial and investment property is not. We are not directly authorised by the Financial Conduct Authority; we work with FCA-authorised partners for regulated lending.
Talk to us
Tell us about the deal.
A quick triage call, then indicative lender terms inside 24 hours. We work Surrey and across Surrey.
FAQs
Frequently asked questions on residential bridging
Is regulated bridging the same as a residential mortgage?
+
No. A residential mortgage is long-term, typically 15 to 30 years, with monthly capital and interest payments tied to your income. Regulated bridging is short-term, 1 to 12 months, secured against the same kind of property but priced on a monthly rate and exited in a single redemption when the property sells or refinances. Both fall under FCA regulation when the security is owner-occupied; they are different products with different underwriting and different cost profiles.
Can I take regulated bridging on a buy-to-let in Surrey?
+
Not as regulated bridging. The regulated regime applies only where the security is occupied by the borrower or an immediate family member. A buy-to-let in Guildford, Woking or Redhill held purely for rental income sits under the unregulated regime. The good news is unregulated rates are often only marginally higher, and the process is faster because the FCA consumer rules do not attach. Most landlord clients across Surrey use our unregulated bridging product instead.
How quickly can a regulated bridge complete in Surrey?
+
Standard regulated completion is 10 to 14 working days from instruction. Faster is possible where the title is clean, the valuation comes back inside a week, and the solicitors on both sides respond promptly. We have completed regulated cases in 7 working days across the KT and GU postcodes where every party moved at pace, but we do not promise speed at the cost of due diligence on a consumer case.
Next step
Talk to a Surrey bridging specialist about residential bridging.
Indicative terms in 24 hours. We work residential bridging cases across Surrey and the wider Surrey market on a same-day enquiry response.