No Valuation Bridging Loans

A Guide to No Valuation Bridging Loans

No Valuation Bridging Loans, AVM Bridging Loans (Automated Valuation Model), and Desktop Valuation Bridging Loans are types of bridging finance that do not require a full property valuation during the loan application process.

These types of bridging loans are ideal for borrowers looking for quick access to funds for purposes such as property purchases, refurbishments, or short-term financial needs. However, eligibility criteria may vary depending on the lender and the specifics of the property and loan amount.

In a typical bridging loan application, lenders usually require an independent (RICS Redbook) property valuation to confirm the market value. This process can be both time-consuming and expensive, with average RICS Redbook valuations taking 5-7 working days and costs ranging from £600 to £5,000+, depending on the type of property and your plans.

By opting for a no valuation bridging loan, borrowers can benefit from:

  • Faster processing times – No valuations are approved on the same day they are submitted so you can avoid delays associated with traditional property valuations.

  • Lower costs – Save on expensive valuation fees.

  • Simplified application process – Reduce the administrative burden and paperwork.

Want to learn more? Get in touch with our expert team today to explore your options.

  • Secure no valuation bridging finance with up to 85% loan-to-value (LTV) and competitive interest rates starting from just 0.55% on larger transactions.

    Our fast and flexible bridging loan solutions provide a hassle-free way to access the funds you need—without the delays of property valuations.

  • Our no valuation bridging loans can be completed in as little as 48 hours, with most transactions completing within 10 working days.

    By eliminating the need for a property valuation, the credit and underwriting processes are significantly accelerated. This makes no valuation bridging finance an ideal solution for those who need fast access to funds, whether it's for securing a property purchase, refinancing, or meeting your urgent financial needs!

  • To secure the best no valuation bridging loan, it’s crucial to compare lenders based on key factors such as interest rates, loan terms, fees, and reputation.

    Equally important is understanding each lender’s appetite for lending on your specific deal to avoid wasting time and money on deals that are unlikely to proceed.

    For expert advice, contact a market-leading broker who can help you navigate your options and secure the most suitable bridging finance solution tailored to your unique needs.

  • Some lenders use AVMs (Automated Valuation Model), also known as an online valuation, which estimates the property's value using statistical models and data analysis without a physical inspection.

    Websites like Zoopla’s My Home and Rightmove’s Automated Valuation Model (AVM) provide helpful estimates of a property’s potential value. While these AVMs offer a good indication, it’s important to note that most lenders using AVMs typically look for a confidence level of around 4-5 to make lending decisions.

  • Yes, you can obtain a no valuation bridging loan quote. To get an accurate quote, it's best to speak with a specialist broker who can assess your specific financial needs, the property details, and the type of deal you are looking to complete.

    Since no property valuation is required, the process is quicker, but the loan terms will still depend on factors like loan amount, loan-to-value (LTV), your credit history and the lender’s criteria for your situation.

    • Faster processing.

    • Lower upfront costs.

    • Uses AVMs or skips valuation.

    • Limited to certain property types and borrowers.

    • Potentially higher interest rates due to increased risk for the lender.

    • Reduced product range compared to full valuation products.

Top Tips

  • Ensure your property and financial profile meet the lender's criteria prior to application. No valuation quotes are unlikely to have product transfer options due to not having a valuation so getting it right first time before applying is crucial.

  • Use an expert who specialises in bridging finance and no valuations to find the best rates and terms to ensure you are getting the best possible deal and an offer which matches your circumstances and the lenders appetite.

  • Be aware of any potential higher interest rates and balance them against the benefits of faster processing and lower upfront costs.

Common Mistakes

  • Steer clear of lenders or brokers who may charge hidden fees or offer unfavourable terms. Always ensure that all costs, including fees and charges, are clearly outlined and transparent.

  • Partner with a reputable broker who prioritises your interests is key to avoiding lenders with negative reputations in the industry.

  • Before signing any agreement, it’s crucial to fully understand the terms and conditions of your no valuation bridging loan. Take the time to go through the loan details with your broker to ensure that the terms, interest rates, fees, and other conditions align with what the lender is offering and are consistent with current market standards.

  • Ensure that you’re applying to a well-capitalised lender with the necessary funds to complete your no valuation bridging loan. Be cautious of lenders funded via peer-to-peer platforms, as they may still be in the process of raising the capital needed to pay out your loan.

  • Before applying for a no valuation bridging loan, it’s essential to ensure you meet the lender’s full eligibility criteria to avoid unexpected cancellation costs and prevent delays. Some lenders only confirm if the criteria are met at the end of the process so get your broker to verifying that you meet the criteria early.

How to Apply

  1. Contact Us
    Apply directly with us, and we’ll discuss the pros and cons of no valuation bridging loans, ensuring you understand your options.

  2. Receive a Quote
    Get a personalised quote for a no valuation or desktop valuation bridging loan by submitting your case for a no-obligation quote. We’ll assess your needs and provide a tailored solution.

  3. Guidance
    We guide you through the application process, offering market-leading rates from our investors or the wider bridging loan market. Our expert advice ensures you get the best deal.

  4. Processing
    We handle all aspects of the loan, including underwriting, legal procedures, and valuation (if applicable), until the loan is successfully completed.

What is a bridging loan?

Bridge Loans (Bridging Finance): A Short-Term Funding Solution

Bridge loans, also known as bridging finance, offer borrowers short-term funding to cover financial gaps when immediate capital is required but not yet available. These loans provide a flexible solution to manage time-sensitive financial situations, such as:

  • Purchasing a new property before selling an existing one – Ideal for homeowners or developers looking to secure their next property without delays.

  • Purchasing a property without having a footprint in the UK

  • Buying a buy-to-let (BTL) property at auction – Ensuring quick access to funds to meet auction deadlines.

  • Property refurbishments – Enabling investors to renovate and enhance property value before refinancing.

  • Business cash flow needs – Providing essential working capital during transitional periods.

Bridging loans are typically secured against property assets and are designed to be repaid within a short timeframe, usually 6 to 24 months. They can be an effective solution for both individuals and businesses facing urgent financial needs.

Want to learn more?

For a detailed guide on bridging loans, explore the links below:

Our Team's Track Record.

Aura Capital is a leading supplier of Bridging Loans and No valuation Bridging Loans. Over the past 5 years, our team has successfully transacted approximately £500 million in bridging and development finance underwriting. Additionally, we have transacted on around £100 million in private equity investments and provided specialist finance advisory services amounting to approximately £40 million.

Whether you need bridging finance for residential investments, HMOs, refurbishments, or development exits, or if you require development finance for housing or commercial projects, our expertise ensures we connect you with the most suitable lender.

Our extensive track record underscores our proficiency in diverse financial landscapes, ensuring we meet your unique requirements and provide optimal financing solutions.