Bridging Loan Criteria
Maximum Loan to Value is
75% of the Open Market
Value (OMV) – less fees,
costs and interest.
The most important point to remember when applying for Bridging Finance is that the proposal makes sense. All properties to be offered as security are required to be valued by a valuer on our panel. This varies on a case by case basis so please ask for details during the application process. In all bridging loans, an exit strategy is paramount.Apply Now
Examples Of Exits Are:
- A legal exchange to sell the asset
- A mortgage offer
- A decision in principle letter from a bank
- Development Finance offer letter for post acquisition
- Any proof of ability to repay loan after term
Note: The criteria listed here are a general example of a normal set of conditions.
OTHER CRITERIA & FEES
Interest Loan Calculator
Loans From £250,000
To Any Amount…
Bridging finance can be used for any legitimate purpose including investment property purchase, working capital, equity release, order fulfillment and similar requirements. Terms and interest rates offered to depend on the amount of funding required and loan term but start from just 0.35% per month, in many cases interest payable can be ‘rolled up’ into the loan for an agreed period.