Interest rates ranging from
0.9% – 1.25% pm dependent on credit status and assessed risk.
From 1% – 1.5% of the bridging loan and only upon completion. No up-front payment of arrangement or commitment fees required.
Exposures up to 75% on residential property and to 65% on commercial and industrial property (using the purchase price or valuation whichever the lower).
Ranging from a minimum of 3 months to a maximum of 2 years for purchase, refurbishment, planning gain and construction projects.
Estimates given on request based on details of the loan application received.
Bridging loans are available from £25,000 to £2,500,000.