Bridging Finance

Residential Bridge

For fast property acquisitions, chain break finance and generating cash-flow for short-term business requirements. Our residential bridge can also be used to secure a property purchase whilst planning permision is being obtained or enhanced.

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, Mixed-use, HMOs

Works

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

Charge

1st and 2nd charge

Tenure

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

LTV %

Rate (%pm)

>55

0.59-0.70%

>60

0.64-0.75%

>65

0.69-0.85%

>70

0.79-0.90%

>75

0.90-1.00%

TOP