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Property finance platform Nester launches revolving bridging facility




Shariah-compliant property financing and investment platform Nester has launched BridgeFlex, a revolving bridging facility for individuals seeking short-term property finance.

BridgeFlex offers a single facility approval with the ability to draw, repay and redraw in tranches throughout an 18-month term.

The new product introduces a committed revolving facility to Nester’s existing product suite.

Key features of the product include:

· facility size: £500,000 – £2.5m
· term: 18-month revolver
· pricing: on application
· arrangement fee: 2%
· minimum drawdowns: £200,000
· minimum repayments: £100,000
· drawdown notice: five business days

Youness Abidou, CEO and founder of Nester, commented: “BridgeFlex reflects the direction property finance needs to take — faster and more flexible.


“Our aim is to empower our customers with the certainty of a financing line to help them close transactions quickly and manage their liquidity.”

Mohammed Paracha, co-founder of Nester, said: “At Nester, our focus is on developing solutions that are principled, practical and relevant to the market.

“BridgeFlex delivers flexibility without compromising on discipline — it allows property clients to move quickly while ensuring every facility is structured with clarity, fairness and accountability.”

Dawood Ahmedji, deputy CEO at Nester, added: “BridgeFlex has been structured with transparency at its core.

“Every facility is secured against property assets and capped at conservative finance-to-value levels, ensuring the facility is both responsible and resilient.

“For our investors, that translates into confidence that opportunities on our platform continue to be underpinned by rigorous due diligence.”
 

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