We offer bridging loans, usually for periods up to 6 months and in amounts from £100,000.
The amount you can borrow will depend upon:
- the value of the property offered as security;
- your ability to repay the loan, and if this is from a mortgage, your income.
The interest rate on the loan will depend on these factors as well, though as a guide
Loan to value |
Interest rate per month |
Below 50% |
1% |
50 - 55% |
1.09% |
55 - 60% |
1.24% |
60 - 65% |
1.49% |
In addition you will need to pay for a valuation, our legal costs and an arrangement fee/administration charge. Please note all bridging facility valuations will be based on 90 days to exchange of the property securing the loan
Or call us on 020 7190 5555