Standard bridging finance – This is where short term funds are required but no changes are required to the property and it is in a habitable condition. A scenario where standard bridging would be required is where you wish to purchase a new property prior to the sale of you existing property.

Light refurbishment: Where funds are required to be secured against a property where works are to be carried out, which does not require building regulations or planning permission to be in place. A scenario where a light refurbishment bridging loan would be suitable is where a traditional mortgage lender deems the property uninhabitable, and cosmetic work only is required to bring the property up to the required standards of the mortgage lender.

Heavy refurbishment – Where work is required the property which does require building regulations or planning permission to be in place. An example of this would be a loft conversion or a property extension.