When time is tight, bridging transactions offers a fast, flexible solution. Whether buying at auction, refinancing existing assets, or funding a refurbishment project, you need a solicitor who can move quickly — without compromising precision or protection.
Convey Us Legal provides pragmatic, proactive legal support for borrowers and lenders in bridging transactions. Based in Birmingham, we have deep experience working with developers, landlords, brokers, and private funders across the West Midlands and beyond.
What is Bridging Finance?
Bridging Transactions is a short-term, interest-only loan secured against property. It’s commonly used to:
- Complete a purchase before selling another property
- Buy auction properties within 28-day timeframes
- Unlock capital for renovations or developments
- Cover chain breaks in residential sales
- Acquire land or commercial premises before refinancing
A first or second legal charge secures most bridging loans. Lenders require a solicitor to complete due diligence, register charges, and advise borrowers independently. Timelines are typically tight, meaning responsive, experienced legal support is essential.
Our Bridging Finance Legal Services
We offer a complete legal service for bridging transactions, including:
For Borrowers:
- Reviewing facility agreements and lender terms
- Advising on interest structures, exit strategies, and early repayment clauses
- Drafting or reviewing legal charges and security documents
- Liaising with surveyors, brokers, and lenders
- Verifying title, planning and legal issues
- Providing Independent Legal Advice (ILA)
- Managing funds and attending to completion
For Lenders:
- Full due diligence on title, planning, and corporate structure
- Drafting facility agreements, legal charges, and debentures
- Confirming priority arrangements, including deeds of postponement
- Issuing a Certificate of Title
- Monitoring post-completion undertakings and Land Registry updates
- Acting for lenders offering first charge, second charge, or mezzanine loans
