We are thrilled to announce the launch of our latest innovation - an AI-powered virtual assistant designed to revolutionise the way you get mortgage advice. Say hello to your new best friend in finance - Eva!

Eva is the culmination of our team's relentless efforts to harness the power of artificial intelligence to provide you with quick, convenient and personalised mortgage assistance whenever and wherever you need it. 

Through advanced NLP and machine learning capabilities, Eva understands your queries and concerns and provides bespoke guidance tailored just for you.

It's important to note that Eva is not intended to replace our amazing team of mortgage advisors who have been providing exceptional human-focused service for over 30 years. 

Instead, Eva is there to enhance our customer experience by being available 24/7 to answer common mortgage questions. Our advisors are still on hand to guide you through the mortgage process with their expertise and full attention.

Whether you're a first-time buyer navigating the complex world of mortgages or looking to remortgage and want advice on the best options - Eva is here for you 24/7. Simply open the chat window and ask Eva anything - from "What deposit do I need for my first home?" to "Should I choose a fixed or variable rate mortgage?". Eva will deliver sound recommendations you can trust.

Key Features and Benefits:

Eva represents the future of mortgage services - efficient, transparent and customer-centric. We are committed to continuous training so Eva gets smarter every day.

Whether you're looking to buy, remortgage or switch lenders - Eva is your go-to mortgage insider, making every step of the process smooth and stress-free.

Try out Eva today and experience the human touch of our technology. The power to take charge of your financial future is now yours. 

We can't wait for you to meet our latest team member and get the mortgage experience you deserve!

*Please note that any mortgage financial advice provided by this chatbot does not constitute professional advice and should not be taken as such. It is important to always speak to a qualified mortgage adviser before making any financial decisions, such as taking out a mortgage. The information provided by this chatbot is for general informational purposes only and should not be relied upon without seeking professional advice. We strongly recommend that you seek financial advice from a qualified professional before proceeding with any financial decisions.

The home buying process in the UK typically involves several steps. Here's a general overview:

Determine your budget: Before you start searching for a property, assess your finances and determine how much you can afford to spend on a home. Consider factors such as your income, savings, and potential mortgage options. This is the best time to speak to a mortgage broker. We can give you an idea on affordability and what sort of buying position you are in.

Find a property: Begin searching for properties that match your requirements and budget. You can use online property portals, work with estate agents, or attend property viewings to find suitable options. We would recommend registering with local estate agencies because quite often they will notify their mailing lists of new properties matching their search criteria, before the listing goes live on Righmove.

Make an offer: Once you find a property you're interested in, you can make an offer to the seller. This can be done through your estate agent or directly to the seller if it's a private sale. The offer may be subject to negotiations on the price, terms, and conditions.

Arrange a mortgage: If your offer is accepted, you'll need to arrange a mortgage unless you're buying the property outright. If you want the best possible deal to suit your individual circumstances and be in with the best chance of securing a mortgage, engage with a broker like Property Link Homes. We will do all the hard work for you. If you approach lenders directly, they can only advise you on their own mortgage products and not what is available to you from every lender in the market. Each lender has their own policy and criteria they can lend within too, which could mean you or your property don’t necessarily fit within their criteria which could result in you having a mortgage declined which will also appear on your credit file.

Hire a solicitor or conveyancer: You'll need a solicitor or conveyancer to handle the legal aspects of the home buying process. They will handle tasks such as conducting property searches, checking legal documents, and coordinating with the seller's solicitor. We can make recommendations to you if you’re not sure where to start

Property survey and valuation: It's advisable to have a property survey done to identify any potential issues or defects with the property. Additionally, your mortgage lender will require a valuation to determine the property's worth and ensure it's suitable as security for the mortgage.

Exchange of contracts: Once all legal checks and negotiations are complete, you'll exchange contracts with the seller. At this point, you'll typically pay a deposit (usually around 5-10% of the property's price) and agree on a completion date. It would be advisable for us to start looking at home insurance policies for you at this stage as you will need a policy in place ready for completion.

Completion: On the agreed completion date, the remaining funds for the purchase are transferred to the seller's solicitor, and ownership of the property is officially transferred to you. Your solicitor will handle the registration of the property in your name and handle the necessary paperwork.

Move-in and post-completion tasks: After completion, you can move into your new home. Remember to notify utility providers and update your address with relevant parties like the council, banks, and insurance companies.

It's important to note that this is a general outline, and the home buying process can vary depending on individual circumstances, the type of property, and other factors. Working with professionals such as estate agents, mortgage brokers, and solicitors can help guide you through the process smoothly.

When it comes to mortgages, there is no one-size-fits-all solution. The right mortgage for you will depend on your individual circumstances and needs. However, you shouldn't just pick the first one you run into. Sure, it might be convenient for now, but in the long run, you might just miss out on some huge savings that could've been used for many other things.

So, to help you find the right mortgage for your needs, here are some tips to help you do so:

1. Do Your Research

The first step is to do your research and compare different mortgage products. There are a number of different factors to consider, such as the interest rate, the type of loan, the loan term, and the fees and charges. It's important to compare apples with apples, so make sure you're comparing similar products.

2. Consider Your Needs

The next step is to consider your needs. What are your goals? Are you looking to buy your first home, invest in property, or downsize? Do you need a low interest rate, a flexible loan, or a loan with no monthly repayments? Once you know what you need, you can start to narrow down your options.

3. Get Advice

It's a good idea to get professional advice from a mortgage broker or financial advisor. They can help you understand the different products available and find the right one for you.

4. Compare Interest Rates

Interest rates are one of the most important factors to consider when choosing a mortgage. A lower interest rate will mean lower repayments, so it's important to compare rates from different lenders.

5. Consider the Fees

Mortgage fees can vary significantly from one lender to another. It's important to compare the fees and charges before you make a decision.

6. Read the Fine Print

When you've found a mortgage that meets your needs, it's important to read the fine print. Make sure you understand the terms and conditions, as well as the fees and charges.

7. Get Pre-approval

Once you've found the right mortgage, it's a good idea to get pre-approval. This means that you'll know how much you can borrow, and you'll have an idea of your repayments.

8. Make Sure You Can Afford the Repayments

Before you commit to a mortgage, make sure you can afford the repayments. Consider your income, your outgoings, and your other financial commitments.

9. Shop Around

The last tip is to shop around. Mortgage products and interest rates can change, so it's important to compare offers from different lenders to make sure you're getting the best deal possible!


Don't just act on one or two of our tips above. Combine them all into one large list of requirements when looking for a mortgage. After all, a mortgage may offer affordable repayments, but it might have a higher interest rate than some other mortgages. By ensuring that you consider all of the above tips, you can thoroughly sift through a whole list of mortgages and find just the right one that'll ensure you get the money you need to buy your dream home without any compromise or drawback!

Property Link Homes is a mortgage broker in Ripon, providing mortgage advice, home insurance, and more nationwide for over 30 years. If you are looking for a low-deposit mortgage, reach out to us today!

In the current climate of increasing interest rates, a second-charge bridging loan is a great way to access additional funding without upsetting your existing mortgage. 

Second-charge bridging loans can allow you to borrow more money at a lower cost than a traditional refinance. You can avoid paying high fees associated with refinancing by releasing equity on your property.

There are many benefits to a second charge bridging financing, including:

• Lower costs compared to a regular refinance

• Flexibility to repay the loan early

• Avoid upsetting your existing mortgage

• Access to additional funds at a lower cost

• Ability to tap into the equity in your property

• Potential tax savings

• Additional security

• Increased liquidity

What is a second charge mortgage?

A second charge mortgage is a way to borrow additional funds without upsetting your existing mortgage. You may have heard of a first-charge loan, where you take out a new loan to pay off your existing mortgage. However, there is another option available to borrowers who require additional funds for a short period. These types of loans are known as second-charge mortgages.

Second-charge mortgage loans are great if you already have a mortgage secured on your property but need additional funds for the short term. Usually, they are fixed for 12 months. Typically, the money is used to buy an investment property or renovate your existing property.

You'll find that interest rates on second-charge bridging loans are higher than those on first-charge bridging loans as the lender will take.

Using a 2nd charge mortgage loan means you keep your existing mortgage rate. There would be no changes to the existing mortgage terms and conditions. A second charge could allow for more flexible repayment terms, which could potentially save thousands of pounds in interest.

If you take out a second charge, you won't have to pay any extra on your existing mortgage, as the rate will stay the same!  You'll keep repaying your original loan at the current rate. 

Some mortgage lenders will charge a considerable sum for wanting to stop or switch an existing fixed-rate mortgage early. This is why taking out 2nd charge loan may be the best decision, as it will not incur any penalty as the existing mortgage has not been stopped. 

Our experienced mortgage  team would be more than happy to run a cost comparison for you. Contact us now on 01765 692 331

Furthermore, it is not quite so easy to obtain additional finance as it once was, with lenders scrutinising borrowers' finances more than ever to ensure loans are affordable should interest rates continue to rise. 

This is where specialist second-charge mortgage loan providers become useful, as they have their own criteria and will work to find a solution that meets individuals borrowing requirements.

How much can you borrow?

The amount you can borrow depends on the property's available equity and the loan's affordability criteria. The maximum sum you can borrow is 95% LTV. 

How can Property Link Homes help you?

Bridging loans will continue to provide significant financial benefits for a wide variety of people, not just those who might struggle to get finance elsewhere.

We are a team of specialist mortgage brokers based in beautiful Ripon, North Yorkshire, for over 30 years have helped thousands of clients secure mortgages and second-charge bridging loans. 

We understand that speed is essential in securing finance, so we work quickly and proactively to find the best deal for your situation and ensure the funds are with you as quickly as possible. 

Our team offer a fast, transparent, and stress-free service so please do contact us now to discuss your second charge bridging loan enquiry. We will be happy to answer all your questions.

To speak to one of our expert advisors call us on  01765 692 331

Purchasing an asset can be challenging, especially if your current funds are still unreleased. In this case, a bridging loan can come in handy. Bridging loans are short-term loans that provide financial assistance for purchasing an unexpected expense before the current funds are available.

These loans are becoming increasingly popular as they offer several benefits and can be used in various situations; hence more people are consulting bridging loan brokers..

Why Use a Bridging Loan?

Think about it this way. To buy a home, you must first handle all the necessary paperwork and submit a mortgage application to the bank. This process can take several weeks because they'll have to:

All this can take time, but you might miss out on a great opportunity. Furthermore, if you need more funds to pay for the house upfront, you must wait for the loan to be approved before making the purchase.

A bridging loan can help you minimise the gap and provide the funds to purchase the property. This way, you won't have to deal with the hassle of reviewing your payment history and assessing your property before you can make the purchase. Instead, you can have the funds available immediately with the help of your bridging loan broker and purchase with no delays.

The Main Benefits of Bridging Finance

Mortgages & Home Purchases

Buying your own home has been made easier with bridging finance. Bridging finance allows you to purchase your property without waiting for the traditional mortgage process to be completed. This means that you can get the property you want quickly and without the hassle of waiting for a mortgage to be approved.

B2L & Landlord Property Portfolios

Bridge-to-let pertains to bridging loans specifically designed to help landlords purchase residential properties. These loans are designed to quickly cover the costs of purchasing property, such as legal fees and stamp duty, so the landlord can begin renting the property immediately. In addition, B2L loans are a great option for experienced landlords looking to expand their property portfolio quickly.

Land and Agriculture

Purchasing land can be pretty daunting, especially for novice investors, as the process can be complicated. A bridging loan can provide the necessary funds to purchase land quickly and without a mortgage. This loan is also beneficial for those looking to purchase agricultural land, as it can help them purchase it quickly and without fuss. You can repay the loan once the land has been sold or rented out.

Inheritance and Probates

Paying inheritance tax for a deceased's real estate is a hassle, but bridging loan brokers can help to make the process easier. By providing a short-term loan to cover the cost of inheritance tax, families can ensure the estate is transferred to the rightful beneficiaries with no delays.

Final Thoughts

Bridging loans are an important and extremely useful form of financial assistance. They can provide a much-needed lifeline to businesses, individuals, and property investors, allowing them to purchase property or complete projects promptly. With the right lender and loan terms, they can be ideal for getting the money you need quickly.

Property Link Homes has a team of reliable and highly experienced bridging loan brokers that can assist you in finding the most suitable and beneficial bridging loan for your needs. With their expertise and experience, you can get the best deal and enjoy favourable terms. Contact us today to find out more!

What is a Bridging Loan?

A bridging loan is a short-term loan that is used to cover the gap between two other loans. It can also be used to cover any expenses needed before a house purchase is completed. Bridging loans are popular with home buyers and sellers, as they allow them to move forward with their plans without delays due to waiting for finances to clear.

Why Should You Use a Bridging Loan?

A bridging loan can be used for several reasons. Here are just some of them:

Bridging loans are ideal for people who need funds to complete a project.

If you have plans to renovate, then a bridging loan could be the perfect solution for your needs. A bridging loan is a short-term loan that can help you pay for your renovations until the sale of your home.

Suppose you are considering upgrading your kitchen or bathroom, adding an extension to the house or doing some landscaping. In that case, a bridging loan could help you fund these projects without having to wait for them to be completed before selling your property.

When you buy a business or commercial property, you usually have to wait for the sale to go through. This can take several months; the longer it takes, the more expensive your purchase becomes. If you need funds quickly to complete a purchase, then a bridging loan could be perfect.

Another option is to use a bridging loan to purchase another property. This can be very useful if you need funds quickly and don’t want to wait for your existing home sale to go through.

You can use a bridging loan to pay the rest of the purchase price if you win a property at auction. If you are bidding on a property and don’t have the funds to cover the total purchase price, then using a bridging loan could be an option.


Bridging loans can be a great way to get you over that financial hump. Bridging loans can help you achieve your goals. If you need some extra cash and don’t want to wait months for the bank to approve a loan, then bridging is the way to go!

Make a solution for your loan needs now at Property Link Homes. We have many years of expertise helping people to be approved for bridging loans. We have a wide range of services to help you find the best option for your situation. Contact our expert team who 

will assist you with all your needs.

Bridging loans are a type of short-term finance that can be used to bridge the gap between a short-term cash flow requirement and a longer-term funding solution. They are often used in situations where there is an immediate need for financing and traditional lenders are not able to provide it in time.

Finding the best bridging loan for your needs can be a difficult task. There are a number of different lenders and products available, and it is important to understand the different features and benefits of each one. This guide will provide you with an overview of the key considerations when looking for a bridging loan and some tips for finding the right lender for you:

Things to Consider When Looking for a Bridging Loan

1. Loan Amount

The first thing to consider when looking for a bridging loan is the loan amount. Bridging loans are typically short-term loans with relatively high interest rates, so it’s important to make sure that the loan amount you’re taking out is appropriate for your needs.

2. Interest Rate

The second thing to consider is the interest rate of the loan. Bridging loans typically have higher interest rates than other types of loans, so it’s important to make sure that you’re getting the best rate possible. It’s also important to consider the length of the loan and how much you’ll be paying in total interest over the life of the loan.

3. Repayment Terms

The third thing to consider is the repayment terms of the loan. Bridging loans are usually short-term loans, so it’s important to make sure that the repayment terms are suitable for your needs. You should also make sure that the repayment terms are flexible enough to accommodate any changes in your financial situation.

4. Fees and Charges

The fourth thing to consider is the fees and charges associated with the loan. Bridging loans can come with a range of fees and charges, so it’s important to make sure that you’re aware of all of them before signing any agreement.

5. Security

The fifth thing to consider is the security of the loan. Bridging loans are typically secured loans, so it’s important to make sure that you have an appropriate asset to use as security. It’s also important to make sure that the security is adequate to cover the loan amount.

Is a Bridging Loan a Secured Loan?

A bridging loan is a short-term loan that is secured against an asset, usually a property or piece of land. The loan is typically used for a specific purpose, such as purchasing a new property or covering a short-term cash flow issue. It is typically secured against the asset that is being bought or refinanced, so the loan is secured against the asset itself rather than against the borrower’s creditworthiness.

The main difference between a bridging loan and a secured loan is that a bridging loan is typically secured against an asset, such as a property or piece of land, while a secured loan is usually secured against the borrower’s creditworthiness. This means that the borrower must have a good credit rating in order to qualify for a secured loan.

Types of Bridging Loans

The first step to finding the best bridging loan for you is to understand the different types of bridging loans available. Here are the main types of bridging loans:


Finding the best bridging loan for your needs doesn’t have to be a difficult task. By understanding the different types of bridging loans available and considering the key things to consider, you can find the best loan for your needs. 

Property Link Homes is a bridging loan broker in Ripon that offers nationwide services. Get the best mortgage advice from our experts today!

Home insurance is a critical part of protecting your home and property. It offers you financial protection in the event of damage to your home or belongings and can help you recover in the event of a catastrophe. It’s important to understand what you’re covered for and what you’re not. To help you get the most out of your home insurance policy, here are some common questions and answers about home insurance.

What Is Home Insurance? 

Home insurance, also known as homeowner's insurance, is an insurance policy that helps protect your home from damage and theft. It usually covers the cost of repairs or replacement of the structure and contents of your home. It also provides liability protection if someone is injured or property is damaged on your property.

What Does Home Insurance Cover?

Home insurance typically covers the cost of repairing or replacing your home and its contents if they are damaged or destroyed by a covered event, such as a fire. It also covers liability if someone is injured or property is damaged on your property. Depending on the policy, it can also cover additional living expenses if you need to temporarily move while your home is being repaired or rebuilt.

What Doesn’t Home Insurance Cover?

Home insurance typically does not cover damage caused by normal wear and tear, floods, earthquakes, or intentional acts. You may need to purchase additional coverage for these types of events.

How Much Does Home Insurance Cost?

The cost of home insurance varies depending on the type and amount of coverage you need. Factors such as the age and condition of your home, your location, and the value of your possessions will also affect the cost.

What Affects the Price of Home Insurance?

The cost of home insurance is affected by several factors, including the age and condition of your home, the value of your possessions, the type of coverage you choose, the deductible you select, and the claims history of your home. The location of your home also plays a role in determining your premium, as does the type of construction and whether you have any special features, such as a pool. Finally, your credit score may also affect the cost of your home insurance.

Is Home Insurance a Legal Requirement?

In most cases, home insurance is not a legal requirement, although it is strongly recommended. Homeowners' insurance can provide financial protection against a variety of risks, including fire, theft, and liability. Depending on the type of coverage you select, you may be able to receive compensation for damage to your home, possessions, or even medical bills. Without home insurance, you could be financially vulnerable in the event of a disaster or other unexpected event.


To sum up everything in this article, home insurance is a necessary and important form of protection for homeowners. It helps cover the costs of unforeseen events, such as damage to the property and its contents due to fire, theft, or natural disasters. 

Home insurance can also provide liability protection if someone is injured on your property. It is important to understand the different types of coverage available and to shop around for the best rates and coverage. Taking the time to understand the details of your home insurance policy can help protect your home and your finances.

If you are looking for a reliable mortgage broker, contact Property Link Homes. We are proud to provide mortgage advice, home insurance or buildings and contents insurance, as well as protection, including life insurance, income protection and critical illness cover.

To find the perfect loan for your situation, it's important to understand what bridging finance is and how it works. It is a type of loan that offers quick access to funds and is usually used when one needs a short-term cash boost. Additionally, it is important to recognise the risks of this type of borrowing before committing to a loan.

A bridging loan is a temporary mortgage to cover the financial gap between purchasing and selling properties. It is typically used when someone is in the process of buying a new house before they can sell their existing one. This arrangement typically lasts 12 months and can often be set up quickly, especially if you’re working with a bridging loan broker.

Other Purposes

Bridging loans are not just a type of financing that can be used by not only homebuyers but also investors and property developers. It provides a short-term solution to a transaction gap that may occur in a real estate transaction.

When someone buys a property at auction, they usually have to finish the purchase within 28 days. This timeframe needs longer to get a regular mortgage, so a bridging loan is used instead. Once the purchase is complete, the buyer can apply for a traditional mortgage.

Bridging loans are also useful for:

Are They Secure?

Yes, they are. Bridging loans require you to pledge an asset as collateral. This means the lender can take legal action to recover the loan by selling your property if you don't meet the agreed repayment terms.

A bridging loan will be considered a first-charge loan if there are no other loans or mortgages on the property. The bridging loan will be paid before other debts if the property is sold. If you have a loan on the property, the bridging loan will be a second-charge loan and will be paid after the mortgage when the property is sold.

Since this is secured against a property, you may still get the loan even with a poor credit score. The amount you can borrow can range from £5,000 to £25 million or more, depending on the value of the property you put up as collateral. If you don't repay the loan as you have agreed, your property can be taken away.

Where Can You Get One?

Specialist lenders, or bridging loan brokers are some of the few institutions that can provide you with one. 

However, due to their short-term nature, bridging loans are generally more expensive than other types of mortgages and loans. Interest rates range from 6–20 percent per annum. Interest rates can be fixed or variable.

In Summary

Bridging loans are a versatile solution for personal, commercial, or other financial needs. They can provide access to funds between house sales or even put up cash for renovations. However, their functionality is reflected in the costs—up to ten times more expensive than conventional loans. Always consult a licensed agent or broker to determine if this product is right for you.

Contact Property Link Homes to Learn More

We’re a bridging loan broker that provides homeowners with practical, informed advice on getting cash quickly—whatever your needs. Speak to one of our experts by dialling 01765 360058 or emailing [email protected]

Bridging finance is a type of short-term loan that you can use to ‘bridge’ the gap between the purchase of a new property and the sale of your existing one. It can also be used for other purposes, such as raising capital for business purposes or funding home improvements.

Bridging finance can be a useful tool if you need to access funds quickly, as the application process is usually much quicker than for a traditional mortgage. However, it is important to be aware that bridging finance can be a more expensive option, as the interest rates are usually higher.  

There are a number of benefits to using bridging finance, which include:

1. Quick Access to Funds

One of the main benefits of bridging finance is that it can provide you with access to funds much more quickly than a traditional mortgage. This can be vital if you need to complete a property purchase quickly, for example if you are buying at auction.

2. Flexible Repayment Terms

Bridging finance can also be more flexible than a traditional mortgage in terms of repayment terms. This can be helpful if you are unsure when you will be able to sell your existing property, as you can often choose a repayment period that suits your needs.

3. Interest-Only Options Available

On residential bridge no payments are made, the interest is rolled up.  This can be beneficial if you are tight on cash flow, as you will not need to repay the interest each month. The full loan amount will then need to be repaid at the end of the loan term with interest.

4. Can Be Secured against a Variety of Property Types

Bridging finance can be secured against a variety of property types, including residential and commercial property, land and even development sites. This can make it a more flexible option if you are looking to raise finance against a property that you do not intend to live in or use as your main residence.

5. Can Be Used for Financing Properties

It can be used to finance properties that are in need of repair or renovation. This can be a great way to add value to a property before selling it on, as the extra work can make a big difference to the final sale price.


Bridging finance can be a great option for those looking to buy a property quickly, either to live in or as an investment. It can also be useful for those who are struggling to get a traditional mortgage. 

The main benefit of bridging finance is that it can provide you with the funds you need in a relatively short space of time. It can also be a more flexible option than a traditional mortgage, with some lenders offering interest-only repayment options. 

However, it is important to remember that bridging finance is a more expensive option than a traditional mortgage, so it is important to weigh up the pros and cons before deciding whether it is the right option for you.

As a trusted bridging loan broker in London, Property Link Homes can help you secure the funding you need to purchase your new home. We offer a range of mortgage products and services, as well as home insurance and protection products. We can help you find the right mortgage for your needs and provide you with the protection you need to safeguard your investment. Contact us to learn more!

Contact Us
Client Portal

Property Link Homes Ltd is Registered in England & Wales, Company Number 05234968. Registered Office address: 10-10A North Street, Ripon, North Yorkshire, HG4 1JY.

Authorised and regulated by the Financial Conduct Authority. Property Link Homes Ltd is entered on the Financial Services Register https://register.fca.org.uk under reference 429765.

The guidance and or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted to customers in the UK.

If you wish to register a complaint, please write to [email protected] or telephone 01765 360061 A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at https://www.financial-ombudsman.org.uk or by contacting them on 0800 0234 567.

Copyright Property Link Homes 2023   |   All Rights Reserved

Property Link Homes
10-10A North Street
North Yorkshire
(Above Joplings)
01765 360058
[email protected]
menu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram