Re-Bridging Finance

Rebridging loans are used to refinance an existing bridging loan, either to secure a better interest rate or to extend the loan term when the current agreement is coming to an end. While some lenders are cautious about rebridging, viewing it as a sign of financial difficulties, there are specialist lenders who can help in situations where extending or restructuring finance is necessary.

Rebridging can be beneficial for several reasons:

Extending the loan term – Provides additional time to complete property renovations or make a project suitable for long-term financing.

Allowing for better negotiation – Securing long-term finance may take longer than expected, and rebridging can give you the extra time needed to finalise the best deal.

Reducing costs – If your current bridging loan has high interest rates or fees, rebridging may allow you to move to a more cost-effective option.

Increasing borrowing capacity – If unexpected costs arise, rebridging could provide access to additional funding to complete a project.

At Fennel Financial, we guide you through each step, ensuring the best options tailored to your unique requirements. Our expertise makes us the ideal partner to help you navigate the complexities of Re-Bridging Finance.

Rebridging finance is a short-term refinancing solution designed for borrowers with an existing bridging loan that needs to be replaced or extended. This type of funding can help individuals and businesses who are unable to exit their current bridging loan before the term ends, ensuring they have the time and financial flexibility needed to secure long-term finance or complete a property transaction.

Although not all lenders offer rebridging loans, those that do will assess factors such as the progress of the project, the borrower’s financial position, and the exit strategy. Whether you need to extend your funding term, reduce costs, or access additional capital, rebridging could be a practical solution to keep your property plans on track.