Can you get a bridging loan with bad credit?
Yes — bad credit doesn’t have to stop a property deal. Berkeley Credit assesses bridging loans on the strength of the asset and the exit, not your credit score, so CCJs, defaults, arrears and a low rating are considered case-by-case. Loans from £50,000 to £25,000,000 across England and Wales, for business and investment purposes, with a same-day decision.
Mainstream lenders credit-score and decline automatically. We don’t. As an asset-led lender we start with the security and the exit — if the property is sound and the way out is credible, a blemished credit file is usually something we can structure around. Adverse history may affect the rate or the LTV we offer, but it rarely ends the conversation on its own.
To give yourself the best chance: disclose the adverse history up front, come with a clear exit (sale or refinance), and be realistic on leverage — a lower LTV gives us more room. Acceptance is always subject to underwriting.
Will a default or missed payment stop me?
Not automatically. Defaults and arrears are considered alongside the asset and exit. We assess the whole picture rather than rejecting on a single marker.
Do you credit-score applications?
No. We underwrite each case individually on the security and the exit, which is why borrowers declined by automated bank systems can still be funded here.
Berkeley Credit Limited is registered in England & Wales (Company No. 16111009) and with the FCA under the Money Laundering Regulations (No. 1029007); not fully FCA authorised; no regulated advice. All lending is for business and investment purposes only, on property the borrower does not occupy, and subject to valuation, legals and underwriting.