Illustrative scenario 01The current bridge is nearing its end
A borrower needs to assess repayment or refinancing before the deadline. The reason the original exit changed must be clear.
Useful information for the conversation
- Current facility and redemption statement
- Reason the exit was delayed
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
Illustrative scenario 02Works are almost complete
A property is close to the intended finished state. Outstanding work and longer-term lender requirements need review.
Useful information for the conversation
- Reason the exit was delayed
- Up-to-date property and works information
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
Illustrative scenario 03A sale is taking longer
A borrower wants more time to sell. The cost of further borrowing and evidence supporting the sale plan require care.
Useful information for the conversation
- Up-to-date property and works information
- Revised exit with supporting evidence
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
Illustrative scenario 04Evidence focus: Solve the cause of the delayed exit
A short-term finance borrower wants to discuss refinancing an existing bridge. Two points need attention: current facility and redemption statement; reason the exit was delayed. A new bridge can add fees and interest without improving the position. The evidence and the decision need to be considered together rather than in isolation.
Useful information for the conversation
- Revised exit with supporting evidence
- Current facility and redemption statement
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
Illustrative scenario 05Decision point: Up-to-date property and works information
A short-term finance borrower has started a conversation about refinancing an existing bridge, but the brief has changed. The review revisits two points: up-to-date property and works information; revised exit with supporting evidence. The next step is agreed using the updated facts, with any unresolved questions recorded.
Useful information for the conversation
- Current facility and redemption statement
- Reason the exit was delayed
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
The wider assessment
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.
Repeated bridging can erode equity. A new lender is not obliged to refinance and may require a larger cash contribution.