Property-backed lending is a form of secured lending where a loan is secured against property. In the UK, property-backed lending is commonly used for bridging finance, business lending, property investment and short-term funding requirements. It provides borrowers with access to capital while giving lenders security over a tangible asset. A legal charge is typically taken over the property, which acts as security for the loan should the borrower fail to repay in accordance

What is an Adverse Credit Bridging Loan? An adverse credit bridging loan is a short-term, property-backed loan designed for borrowers who may not meet traditional lending criteria due to their credit history. Unlike many banks and mainstream lenders, alternative lenders can take a more flexible approach, looking beyond credit scores to assess the overall strength of the deal. At Somo, lending decisions are primarily based on the value of the security property and the proposed