Bridging Finance

Auction Bridge

Fast-tracked funds for buying property at auction. Enjoy certainty of funds with credit backed terms.

Loan Size

£100k - £5m

Loan Term

1-12 months

MAX LTV

75%

Arrangement Fee

2%

Exit Fee

None

Set Up Fee

None

Interest Method

Retained, Serviced, Part-serviced

Property

Residential, Commercial, Mixed-use, HMOs

Works

Light refurbishment - Works up to 15% of the property value are permitted and can be self funded.

Charge

1st charge

Tenure

Freehold and leasehold with at least 55 years remaining on lease.

LTV %

Rate (%pm)

>55

0.49-0.65%

>60

0.64-0.75%

>65

0.69-0.85%

>70

0.79-0.90%

>75

0.90-1.00%

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