020 8652 5240 info@mbassociates.net


As the name suggests, bridging loans are used to ‘bridge’ the gap between a debt becoming due and the line of credit becoming available, or, in some circumstances, they can be used as a short-term loan.

Generally, bridging loans come into their own when you need to facilitate a property purchase that otherwise wouldn’t be possible, for example for those who haven’t yet sold their existing home but need to complete on the purchase of their next. Bridging finance can also potentially help if you’re buying at auction. There are a number of specialist bridging lenders in the market, and our trusted  business partners are here to understand your current circumstances and exit strategy, then match-make you with the right product to suit your individual needs.

Development finance is another highly specialised and complex area; generally speaking property development finance is normally a short-term loan, which can be broken down in stages. The first facilitates the purchase of the site, and the second phase of the loan finances the build of the project, with funds released in stages as they are completed.

Our business partners will work with you to fully understand the nature and timescales of your project and available cash-flow. They know that most of our clients who require development finance are looking for a speedy turnaround as time is normally of the essence, so they’ll work as quickly and efficiently as possible to tailor make a solution to suit your requirements. To find out more, simply give us a call on 020 8652 5240 or drop us an email.

A happier workforce

Financial worries are a common concern for many Brits. *Research conducted in 2019 before the pandemic became prevalent revealed that 77 per cent had money worries that impacted them at work. A third admitted their fears affected their sleep. One in five employees said they worried about their finances regularly.

In the survey of 5000 employees, 34 per cent said they would be unprepared for unexpected financial costs or a loss of income. **In a separate survey, almost 30 per cent confessed to regularly running out of money before pay day. One in seven people would struggle to pay their mortgage if it was just £99 more per month.

Yet with access to the right information, it is possible for employees to improve how they manage their money, resulting in less anxiety and more productivity at work.

MB Associates is offering free financial workshops to improve the wellbeing of employees and enhance employers’ benefits packages. Our informative, friendly workshops will offer fee-free mortgage and financial advice to your staff to help them save money and gain greater control over their finances.

These free workshops can be tailored to suit the requirements of your business and can be delivered via Zoom or in person when permitted. We can also offer informative financial content on a dual-branded portal.

For more information, please contact Monica Bradley at MB Associates on 020 8652 5240 or email monica@mbassociates.net 

*Close Brothers Financial Wellbeing Index
**Financial Times survey

For insurance business we offer products from a choice of insurers.

You may have to pay an early repayment charge to your existing lender if you remortgage.

There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.

Your home may be repossessed if you do not keep up repayments on your mortgage.

A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.