Aspen Bridging
The bridging arm of listed lender S&U, funding £200k to £15m from equity rather than borrowed lines, with rates from 0.39 per cent a month and sub-ten-day completions.
What they do
Aspen Bridging is a wholly-owned subsidiary of S&U, a company listed on the London market, and lends its own equity rather than drawing on third-party funding lines, which removes a common source of delay and withdrawal in this market. Products cover bridging up to 75 per cent loan to value from 0.39 per cent a month, a five-year semi-commercial bridge-to-let at a fixed 0.79 per cent during the bridging phase and 6.94 per cent thereafter, and development finance. Every case is fully underwritten at the outset under a single facility letter, with no-valuation and remote legal options.
Where they fit in a lower-mid-market raise
Certainty is the product. A fully underwritten facility letter issued up front, funded from equity, means far less risk of terms changing before completion, which is what usually costs a borrower a deal at auction or on a deadline. Bridge-to-let removes the refinancing risk at the end of the bridge by keeping the same lender on a five-year term.
Where they are not the fit
Lending is limited to England and Wales and to unregulated business-purpose bridging, so an owner-occupied home cannot be security. Property security is required throughout. Headline rates apply at conservative leverage, and the cost rises materially as loan to value increases.
Published terms
- Pricing
- Bridging from 0.39% pcm up to 75% loan to value; semi-commercial 5-year bridge-to-let from a fixed 0.79% pcm (bridging phase) then 6.94% pa serviced; wider bridge-to-let flat rates from 0.69%, stepped from 0.35%
- Speed to terms
- Markets sub-10-day completions; case study of a £950k bridge-to-let completed in 10 days
- Sponsored or sponsorless
- Property-investor and developer focused (individuals, corporates, SPVs); not a corporate cash-flow lender
- Where they lend
- England and Wales only; accepts UK and foreign-national or expat borrowers
- How they decide
- Fully underwritten at outset with a single facility letter; no-valuation and no-searches options; dual representation or remote legals available
As published by the lender and last reviewed August 2026. Terms quoted on a deal are set by the credit, not by a published band.
The desks that lend
Aspen Bridging lends through 2 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Aspen Bridging lends, but which of these would own it.
Bridging finance
- Facility
- £200k to £15m
- Security
- First-charge secured on property (unregulated)
- Funds
- Growth · Refinance
- Rules out
- Property security required; England and Wales only; Unregulated bridging only
Development finance
- Facility
- £200k to £15m
- Security
- First-charge secured on property (ground-up development and development exit)
- Funds
- Growth · Refinance
- Rules out
- Property security required; England and Wales only
Limits that apply across the firm
Stated limits, taken from Aspen Bridging’s own published criteria, beyond the ones each desk carries above. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- No appetite in non-property lending
How they sit against the category
- Its published ceiling is £15m; 42 of the 75 property-backed lenders here go at least as high.
- 65 of the 75 publish an indicative price at all; it is one of them.
Counted across the 75 property-backed lenders in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does Aspen Bridging write?
Published facilities reach £15m, and the bottom of the published range is small-ticket business rather than a corporate facility. A band is what a lender states it will do, not what it will do on a given credit.
How quickly does Aspen Bridging move?
Markets sub-10-day completions; case study of a £950k bridge-to-let completed in 10 days. Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
Where does Aspen Bridging lend?
England and Wales only; accepts UK and foreign-national or expat borrowers.
On the record
April 2026: expanded bridge-to-let proposition with rate cuts up to 60bps.
April 2026: launched limited-edition free valuations and legals on bridging deals.
Sources: aspenbridging.co.uk · bridgingloandirectory.co.uk
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.