Lender Product News: Fast access to flexible bridging finance


Get fast access to flexible bridging finance


Product: Bridging Finance

Loan amount: £75,000 to £1,000,000

Term: up to 24 months

LTV: up to 75%

Interest rate: from 0.55% p/month

Security: 1st and 2nd charge against property


 

Criteria & Details


This product is for properties that are located in England, Wales and Scotland only.

  • Secure against multiple properties

  • 75% max LTV

  • Light, medium, and heavy refurbishment

Note: Security required

  • First charge up to 75% LTV of current market value

  • Second charge up to 65% of 180 day value

  • Stage payments drawn against costs, not value

  • No exit fees or Early Repayment Charges

 

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