Bridging Stockton-on-Tees Homes That Need Works
4 of our 5 Stockton bridges were on homes no mortgage lender would take as they stood. Local rents still clear the refinance comfortably.
Stockton-on-Tees · 5 deals · February 2024 to June 2026
4 of 5Stockton files needing heavy works
Including homes with no working kitchen. 3 are still live.
Current terms
Bridging now goes up to 80% LTV
From 13 October 2026, Lendlord bridging goes up to 80% LTV. A below-market buy can still reach 90% of the purchase price.
What the Stockton-on-Tees files show
Stockton-on-Tees has 5 deals, under the 10-deal bar for a median. The counts are this city's own files. Based on Lendlord aggregated data.
- 5
- Stockton-on-Tees deals among the 272 disclosed
- 1
- Auction purchases in this set
- 4
- Unmodernised or major works
- £45,000 to £105,000
- Loan range, rounded to £5,000
Where the regional medians sit
Median loan, rate, LTV and days to funds for the North East are on the North East bridging loans page. This page keeps the Stockton-on-Tees deals, and does not repeat those medians.
Each Stockton-on-Tees bridge
Stockton files in funded-year order, each loan rounded down to the nearest £5k.
| Loan | District and type | Funded | Condition | LTV | Rate pm | Days | Exit |
|---|---|---|---|---|---|---|---|
| £55,000 | TS17 flat | 2024 | Unmodernised | 70% | 1.00% | Not timed | Sale |
| £105,000 | TS18 semi bungalow | 2024 | Medium works | 65% | 0.97% | 319 | Sale |
| £45,000 | TS19 terrace | 2025 | Major works | 75% | 1.36% | 126 | Refinance (live) |
| £50,000 | TS17 terrace | 2026 | Major works | 75% | 1.10% | 87 | Sale (live) |
| £55,000 | TS18 semi | 2026 | Unmodernised | 39% | 1.05% | 138 | Refinance (live) |
Three files were still live at the snapshot. Unmodernised: no working kitchen or running water at purchase. Exits are repaid unless marked live. Timeline outlier, excluded from speed figures: TS17 2024. Source: pooled Lendlord records.
Three Teesside works files
Aggregated from Lendlord's own data.
Refurbishment · major works
TS19 terrace with £85,000 of works
- £45,000
- Loan
- 75%
- LTV
- 1.36%
- Rate pm
- 126 daysDays from application to funds on this file, on our earlier process. Today's process can fund a bridge like this from 5 days.
- Completion
Details
- £45,000 lent at 1.36% a month against a £65,000 purchase.
- Planned value after works £220,000, with a refinance exit.
Funded 2025 · 12-month term · Refinance · Live
Buy-to-let · 87 days
TS17 terrace bought with works
- £50,000
- Loan
- 75%
- LTV
- 1.10%
- Rate pm
- 87 daysDays from application to funds on this file, on our earlier process. Today's process can fund a bridge like this from 5 days.
- Completion
Details
- £50,000 at 75% LTV on a £65,000 purchase.
- The planned exit is a sale; the file is still live.
Funded 2026 · 12-month term · Sale · Live
Refurbishment · sold
TS17 home with no working kitchen
- £55,000
- Loan
- 70%
- LTV
- 1.00%
- Rate pm
- Not timed
- Completion
Details
- £55,000 at 1.00% a month, with £15,000 of works.
- Valued at £130,000 and repaid by sale.
Funded 2024 · 12-month term · Sale · Repaid
House on Teesside that needs work? Ring 020 8191 9611 before you commit.
The Stockton rent test
Landlords on Lendlord model Stockton purchases at a median £88,500. Bridged at 65% for a year at 1.08% a month, about £65,000 is owed at the end.
Recorded Stockton lets bring in a median £700. On a 145% cover test at 5.5%, that rent supports about £105,500, so it clears the balance with room to spare. The home needs only about £430 a month.
The real test is the valuation after works: around £86,500 for a 75% mortgage to repay the bridge.
Based on Lendlord aggregated data.
Stockton rents on recorded lets
141 let homes in the town. Snapshot at 30 September 2026.
| Figure | Stockton-on-Tees |
|---|---|
| Median rent a month | £700 |
| Middle half of rents | £595 to £800 |
| Gross yield | 7.9% |
| Median value | £105,000 |
| Share with a mortgage | 55% |
| Homes counted | 141 let, 162 owned |
Owners' recorded rents and their own value estimates. Source: pooled Lendlord records.
Mortgages Stockton landlords hold
101 live mortgages are recorded on Stockton homes, at a median 4.54%. 25% of the dated ones run out within 12 months.
Aggregated from Lendlord's own data.
Stockton-on-Tees prices and rents
Over September 2025 to August 2026 the borough recorded 2,095 standard sales. Half went for more than £180,000; terraces sat at £125,000 and flats at £80,000.
TS19, home to one of our heavy-works files, had a £150,000 median across 301 sales. TS17 was higher at £185,000.
Across the borough, the ONS mean rent was £735 in August 2026.
Both figures are public: Land Registry price paid and ONS private rents.
What landlords model in Stockton
28 Stockton analyses saved on Lendlord over 12 months had a median price of £88,500 and expected rent of £750.
Based on Lendlord aggregated data.
Stockton energy ratings
Stockton homes lodged 47,505 energy certificates over October 2016 to October 2026. 58.4% rated C or above.
- Band A
Share of certificates: 1.5% (726)
- Band B
Share of certificates: 15.0% (7,121)
- Band C
Share of certificates: 41.9% (19,922)
- Band D
Share of certificates: 34.3% (16,304)
- Band E
Share of certificates: 6.1% (2,899)
- Band F
Share of certificates: 0.8% (385)
- Band G
Share of certificates: 0.3% (148)
Cost a Stockton works bridge
Try £57,500 at 1.08% a month for 12 months, then add the works budget to the facility.
Indicative monthly rate
0.82%
Monthly interest
£2,050
Cost of the loan
- Total interest
- £24,600
- Arrangement fee (2%)
- £5,000
- Valuation fee
- £750
- Legal fee
- £1,500
- Admin fee
- £350
- Total cost of finance
- £32,200
Day one and exit
- Net advance on day one
- £245,000
- Gross loan repayable at exit
- £274,600
Low risk - best pricing
At or below 50% LTV you qualify for our lowest rate band and the fastest underwriting.
Month-by-month repayment schedule
| Month | Interest | Balance | Cost to redeem |
|---|---|---|---|
| 1 | £2,050 | £252,050 | £252,400 |
| 2 | £2,050 | £254,100 | £254,450 |
| 3 | £2,050 | £256,150 | £256,500 |
| 4 | £2,050 | £258,200 | £258,550 |
| 5 | £2,050 | £260,250 | £260,600 |
| 6 | £2,050 | £262,300 | £262,650 |
| 7 | £2,050 | £264,350 | £264,700 |
| 8 | £2,050 | £266,400 | £266,750 |
| 9 | £2,050 | £268,450 | £268,800 |
| 10 | £2,050 | £270,500 | £270,850 |
| 11 | £2,050 | £272,550 | £272,900 |
| 12 | £2,050 | £274,600 | £274,950 |
Indicative only, for deal screening - not an offer or a lending decision. Rates band by LTV, term and property type. Interest is charged on the loan amount at the headline monthly rate; the total is the same whichever structure you pick, only the cashflow differs. Third-party fees are estimates and vary by property and solicitor.
Stockton checks before you commit
Flood and licensing are the two that change a plan.
Teesside districts in our Stockton files
Our five Stockton bridges spread across these TS districts.
- TS17: 2 deals
- TS18: 2 deals
- TS19: 1 deal
Rent and value figures come from homes recorded in Stockton-on-Tees, Thornaby.
Stockton bridge types, by file
Works-heavy files lead here. Each line links the matching guide.
- Refurbishment bridging (2 files)
- Bridging for a rental purchase (2 files)
- Auction bridging (1 file)
- Unmortgageable property (2 files)
Auctions selling Teesside lots
Auction House North Yorkshire and Tees Valley sells from Acklam Hall, Middlesbrough.
Dates come from the auctioneer's own listing. Lendlord does not work for it.
Headline terms against Stockton files
Works-heavy files price above the headline rate.
| Headline term | Local files | 272 disclosed bridging deals |
|---|---|---|
| Loans from £30k | Smallest £45,000, largest £105,000 | £30k is the current product floor |
| From 0.75% pm | 0 of 5 at or below 0.75%. Lowest 0.97% (2024) | 5 of 272, none since 2025. Since 2025: lowest 0.92%, median 1.10% |
| Funding from 5 days | Today's process can fund within 5 days. AI checks your ID and bank statements in minutes, one solicitor acts for you and the lender, and loan papers are drafted automatically. On the files as funded, the fastest took 87 days. | Fastest 2 days. 2 of 218 timed deals within 7 days. Median 57 days |
| Up to 80% LTV | Highest gross LTV on these files 75% | The cap is now 80% of value. A below-market buy can still reach 90% of the purchase price. |
Every Stockton file was written under the old 75% cap. Source: pooled Lendlord records.
Exiting a Stockton works bridge
Values are modest, so every pound of works has to show in the valuation.
- Cost the works fully. Heavy-works files overrun more often than light ones.
- Agree the end value early. Ask the valuer what the finished house supports.
- Keep sale as a real option. 3 of the 5 Stockton files exit by sale.
- Start the remortgage before completion of works. A long works phase eats into the term.
Stockton bridging questions
Who lends on Teesside homes that need works?
Lendlord funded 5 Stockton-on-Tees bridges among the 272 disclosed deals, 4 of them on homes needing heavy works.
Will you bridge a house with no kitchen?
Yes. Two of our Stockton files had no working kitchen at purchase, which is why a bridge rather than a mortgage was needed.
Is flooding a problem for a Stockton bridge?
It can be on riverside and low-lying streets. Run the long term flood risk check for the exact address before the valuation.
How long did Stockton bridges take?
Between 87 and 319 days from application. Five deals is too few for a median.
Clare Harris
Bridging Loan Specialist and Director of Growth at Lendlord · 12+ years in loans and lending · Checked each Stockton works file and the rent test
Last reviewed
Method
There are 5 Stockton-on-Tees deals in the 272 recent Lendlord bridging deals approved for disclosure, funded February 2024 to June 2026. Under 10, every file is shown and no median is published.
The rent, mortgage and analysis figures for Stockton use platform records with at least 10 entries each.
Teesside house that needs work?
Send the lot and the works estimate. We will show the full cost and the exit.
Who provides the service
Lendlord Limited, company 11973095, runs the landlord software. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ. The public name is Lendlord.
Lendlord Finance Limited, company 13696524, uses the trading name Lendlord Capital for bridging. It lends that loan itself. Mortgage and remortgage applications are a separate service.
Lendlord Finance Limited arranges those mortgages as an appointed representative of Windfall Limited. The FCA authorises Windfall Limited under firm reference 225908. The mortgage itself comes from a lender on that panel.
Lendlord Limited is registered for account information services, so a bank feed can be read with your consent. That registration is not permission to lend, and it is not permission to arrange a mortgage.
Bridging on this page is secured on property in England and Wales. Lending here goes up to 80% LTV. A below-market buy can still reach 90% of the purchase price.