RESIDENTIAL BRIDGING

Quick and simple bridging

Our bridging products are designed to help clients who are looking at quick property acquisitions or re-structuring opportunities.

The products provide you with the time you need to organise tenants, obtain planning permission and even undertake light refurbishments, before arranging long-term finance.

Key rates & features:

MAXIMUM LOAN

£10,000,000

MINIMUM LOAN

£50,000

MAXIMUM LTV

75%

ARRANGEMENT FEE

2%

BROKER COMMISSION

Negotiable

MONTHLY INTEREST

Up to 0.89%

INTEREST PAYMENT METHOD

Serviced, retained or rolled

MINIMUM TERM
3 Months
MAXIMUM TERM
18 Months

Key Product Criteria*

PROPERTY

Houses, flats, BTL’s, HMO’s, auction, development land with full residential planning, unmortgageable

TENURE

Freehold or leasehold with more than 60 years left on the lease

RESIDENTIAL TENANCIES

A standard AST agreement

TYPE OF CHARGE

First charge, second charges considered

WORKS

Light refurbishment works, such as kitchens, bathrooms, floor coverings, general decoration and extensions where stage payments are not required, no structural alterations and no planning permission is needed

 

* Please refer to the criteria page for standard loan criteria for all products

Download our full product guide
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