Bridge to let mortgage

A bridge-to-let mortgage is a short-term finance solution used to purchase or refinance a property and then transition it onto a buy-to-let mortgage once it becomes mortgageable. It combines an initial bridging loan with a planned exit onto a long-term buy-to-let mortgage, making it ideal for properties that cannot meet standard rental or condition criteria at the point of purchase.

Bridge-to-let is commonly used for refurbishment projects, vacant or un-mortgageable properties, or buy-to-let investments requiring works, licensing, or rental stabilisation before refinance. The initial bridging phase provides fast funding and flexibility, often with rolled-up interest and no monthly payments, while the exit mortgage is arranged once the property is let, compliant, and generating income.