Who are Affirmative and what do they do?

We are a mainstay lender in the short-term finance market with over 18 years’ worth of experience. We have provided bridging and development loans that have helped property developers, property investors, self-build enthusiasts, financial intermediaries, and many other businesses and individuals when they needed it most.

Fully authorised and regulated by the FCA, operating in the residential, semi commercial and commercial arena, specialising in self-build, barn conversions, auction finance etc.

With our own in-house dedicated legal team, time sensitive cases are not an issue.

Do Affirmative offer bridging loans?

At Affirmative we tend not to use the phrase “bridging loans” back in 2004 most brokers weren’t aware of the multitude of uses you could use a bridging loan for, changing the name to “fast short-term finance” opened up the market as well as the brokers minds.

What do Affirmative’s interest rates look like on bridging finance? 

Our rates start from 1% per month, we know that there is the perception of cheaper deals out there, but we do not charge many of the hidden fees that other lenders charge, plus we don’t utilise a QS for any of our development cases.

What do I need to get a bridging loan with Affirmative?

All of our cases are manually underwritten, we do not rely on a computer to make a decision.

In most cases at first we only require an application form to be completed, but as every deal is so different  it will depend on a case by case basis, but credit checks, valuation etc are the norm.

How do I apply and how easy is the process?

Very easy, a quick phone call to one of the sales team or myself (07786370523 Ian Harrison) and we will know in seconds if the case has legs, we will then ask for a 2 page application form / DIP form to be completed, this will then be sent to our processing team.

How long does the application process take and when do I get the money?

The speed of the process is defined by client, how quickly they pay for a valuation, is their lawyer a “property” specialist, we act immediately on the information we receive.

Generally a case should take no longer than 7 – 10 working days with all the correct information ready

Does Affirmative do any specialist bridging options for things like property, business, etc?

At Affirmative we will look at any case (subject to our underwriting criteria), we have completed deals for a whole variety of different reasons, self-build, barn-conversion, auctions being the most popular, but we have funded a wedding in the past!

What are the pros and/or cons of a bridging loan with Affirmative?

Our in-house legal team, not many other lenders can say that.

Plus the average tenure of the staff is easily over 10–12 years, this gives us a huge advantage, the experience within the Company is one of our biggest assets.

What is the Bridging Loan Directory?

Bridging Loan Directory is an impartial party that solely exists to help you find the best bridging loan lender for you. We’re here to guide all our users through every aspect of their bridging loan application journey.

Our content resources section is packed full of guides so you can learn more about everything from interest rates to refurbishment finance.