Solve the cause of the delayed exit
A new bridge can add fees and interest without improving the position. We look at whether a sale, works completion or longer-term refinance is genuinely closer, and whether another extension or alternative is more appropriate.
How I approach the case
We begin with what you want to achieve, your timescale and any part of the case that needs explaining. I review the evidence and suitable lender routes, then explain the available options and their costs. A recommendation follows the individual assessment; an initial conversation does not commit you to an application.
Where legal, tax or other specialist advice is needed, we identify it early so the finance fits the wider transaction. Tell me about any change in employment, borrowing, deposit or property details before proceeding.
What to prepare
- Current facility and redemption statement
- Reason the exit was delayed
- Up-to-date property and works information
- Revised exit with supporting evidence
You do not need every document before saying hello. Start with a short outline; detailed or sensitive records should follow through an agreed secure route.
Repeated bridging can erode equity. A new lender is not obliged to refinance and may require a larger cash contribution.
Your questions, answered
What does the lender need to understand about the exit?
Explain how and when the short-term loan will be repaid, and the evidence behind that plan. A sale, refinance or other repayment source has different dependencies. Consider what happens if the property takes longer to sell, works run late or a refinance valuation is lower than expected.
Which costs should I ask to see in writing?
Ask for the interest basis, facility term, arrangement fee, legal and valuation costs, any retained interest and the amount actually available at completion. Where applicable, check exit charges and extension terms. The headline facility and the money available to use can differ.
Can we discuss an auction or urgent deadline?
Yes, but share the actual contract deadline and available documents immediately. The valuation, legal work and underwriting still need to be completed. An initial conversation or indicative terms should never be treated as a commitment that money will arrive by a particular date.
Further reading: MoneyHelper: mortgages and homebuying. Content reviewed 9 September 2026. General information; availability depends on the individual case.