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London · Commercial bridging

Commercial property bridging loans in London

A commercial property bridging loan in London is short-term finance, secured on offices, shops, mixed-use buildings or other business premises, that lets you buy, reposition or convert an asset before a sale or longer-term mortgage is in place. We arrange this finance across the capital from a broad panel of bridging lenders, from specialist lenders to private credit funds.

Rather than describe London in general terms, this page reads the planning registers of seven central authorities. They show a market where commercial space is moving in both directions: some of it into homes, some of it into offices and flexible business use.

See the local data
Local evidence

Commercial planning activity in London

Change of use, conversion and commercial applications are where most commercial bridging starts. These figures come straight from 7 council planning registers, as at 3 Oct 2026.

1,330Commercial, conversion and change-of-use applications, last 12 months
527Of which change of use, prior approval or conversion
122Commercial to residential proposals, including Class MA

Recent applications of the kind bridging funds

  • 2026/2399/PReceived 22 Sept 2026Registered

    Variation of conditions to planning permission ref. 2022/4469/P (for change of use of first floor commercial floorspace to residential use and erection of a two storey (plus basement) extension fronting Britannia Street comprising commercial floorspace at base...

    340 Grays Inn Road London WC1X 8BG · View on the council portal
  • 2026/4015/PReceived 17 Sept 2026Registered

    Change of use from offices (Use Class E) to a single dwelling house (Use Class C3).

    5 Fitzroy Square London W1T 5HH · View on the council portal
  • 2026/2709/PReceived 16 Sept 2026Registered

    Change of use from Use Class E to C3 Residential, demolition of existing store and office space, and erection of a three-bedroom dwellinghouse.

    166A Camden Street London NW1 9PT · View on the council portal
  • 2026/3779/PReceived 15 Sept 2026Registered

    Details to discharge Condition 19 (PV Panels) of planning permission ref. 2024/4953/P dated 30/07/25 for 'Demolition of existing buildings and structures to facilitate redevelopment comprising a Purpose Built Student Accommodation (Sui Generis) block over the ...

    33 - 35 Jamestown Road London NW1 7DB · View on the council portal
  • 2026/3813/PReceived 8 Sept 2026Registered

    Prior Approval for a change of use from Class E Commercial to Residential Use as a 4 bedroom flat

    Studio 10, Cliff Road Studios, Cliff Road London NW1 9AN · View on the council portal
  • 2026/3300/PReceived 7 Sept 2026Registered

    Change of use from non-residential use (Class F1) to flexible use as offices (Class E) or non-residential use (Class F1), internal and external alterations to a listed building, including alterations openings and partitions, chimney stack, installation of new ...

    90 Great Russell Street London Camden WC1B 3PS · View on the council portal

Source: Westminster, Camden, Southwark, City of London, Islington, Tower Hamlets, Lambeth planning registers, filtered for commercial, change-of-use and conversion proposals (householder, advertisement and tree applications excluded). Listing an application here does not imply any connection with the applicant.

Seven central registers, one picture of demand

Our figures come from the planning registers of Westminster, Camden, Southwark, the City of London, Islington, Tower Hamlets and Lambeth. In the 12 months from 7 October 2025 those registers recorded 1,330 commercial applications, 527 change-of-use applications and 122 commercial-to-residential proposals.

The recent proposals cover a wide spread of work:

  • first-floor commercial space turned into flats, with new commercial floorspace built at street level
  • offices returned to use as a single house
  • small stores and offices demolished to make way for a new dwelling
  • prior approval for a Class E studio to become a family-sized flat
  • conditions being discharged on a purpose-built student accommodation redevelopment
  • a listed building moving out of community use into flexible office space

That last example matters. London's pipeline is not only about losing offices. Buildings are also being brought into commercial use, and both routes need money to bridge the period between purchase and a finished, lettable or saleable asset.

Bridging while a London consent is still being worked through

Several of the proposals above are variations or condition discharges on permissions granted earlier. That is typical in central London, where a scheme often goes through more than one planning step before work can start. A bridge lets you secure the building now and carry it while the paperwork completes.

Lenders will usually lend against the value as it stands today, with any uplift from consent reflected once it is granted. Our page on a bridging loan for planning permission explains how that works, and office to residential bridging finance covers the conversion route that appears throughout these registers.

Listed fabric, conservation areas and permitted development

Much of central London is listed or sits within a conservation area. Class MA permitted development does not apply to listed buildings and is restricted in some protected areas, so many London conversions need a full planning application rather than prior approval. Our guide to Class MA permitted development sets out the general rules; confirm the position on any specific building with a planning consultant.

For lenders, the route to consent shapes the risk. A building with full permission and listed building consent in hand is a simpler case than one where the strategy depends on an application still to be decided. We present the planning position to lenders clearly so the valuer and underwriter see the same facts.

Loan size, exits and the single-house question

Central London values mean many cases sit at the upper end of bridging loan sizes, and some need a lender that is comfortable with a large single exposure. Our page on large commercial bridging loans covers that market. Loan to value is commonly up to 70% to 75% on a first charge for standard commercial property, lower for specialist assets.

Exits we see work in the capital include:

  • sale of converted flats or of the finished building
  • refinance onto a commercial mortgage once a building is let
  • refinance onto investment mortgages where the end product is residential and let

One London pattern needs care. Where an office or shop becomes a single house that you, or an immediate family member, will live in, the loan is a regulated mortgage contract. We introduce those cases to a firm directly authorised by the Financial Conduct Authority.

Good questions, clear answers

Bridging in London: questions answered

Ask about your situation
Can I use a bridging loan to buy a London office I plan to convert into a single house?

Yes, provided the strategy and planning position are clear. If you will sell or let the finished house, the loan is usually unregulated business lending that we arrange directly. If you or an immediate family member will live in it, it becomes a regulated mortgage contract and we introduce you to a firm directly authorised by the Financial Conduct Authority.

Do bridging lenders accept listed commercial buildings in Westminster or Camden?

Many do, although appetite varies by lender and by the condition of the building. Listed status affects the cost and length of works and the route to planning consent, so lenders look closely at the schedule of works, the consent position and the professional team. A clear plan that reflects the listing tends to be received far better than an optimistic one.

How quickly can a commercial bridge on a London property complete?

Where the valuer and both sets of solicitors can work quickly, a simple London case can complete in two to four weeks. Leasehold titles, multiple tenancies and listed building issues are common in central London and can add time. Instructing a solicitor with bridging experience early, and having leases and planning documents ready, makes the biggest difference.

Can I raise money against a London commercial building I already own?

Yes. A capital raise bridge can release equity from an office, shop or mixed-use building you own, for example to fund a purchase elsewhere or carry out works. Lenders look at the current value, any existing charge, the reason for the funds and how the loan will be repaid within the term, usually through sale or refinance.

Buying or refinancing in London?

Tell us about the property and the loan you need. We come back with indicative terms and tell you plainly if any part of it is regulated.