We offer loans from £250,000 to £5m for terms of up to 24 months. Additionally, we also offer up to 75% loan to value (LTV) secured as a first charge against a property or properties depending on your clients’ circumstances.
Bridging loans may or may not be time critical, but we pride ourselves on getting deals done no matter how long it may take.
| Product Guide | ||||
|---|---|---|---|---|
| Small | Plex | Built | ||
| Minimum Loan | £250,000 | £250,000 | Day 1 – £500,000 | |
| Maximum Loan | £750,000 | £5,000,000 | £5,000,000 | |
| Term | 3 – 12 months | 6 – 24 months | 6 – 24 months | |
| LTV & LTC | Lower of CMV & Purchase Price | Lower of CMV & Purchase Price 85% Loan to Cost (LTC) | ||
| Max LTV | 75% | 70% | 75% (LTGDV) | |
| Rate | From 0.60% pcm | From 0.70% pcm | From 0.65% pcm | |
| Interest | Retained Only | Retained; Serviced | Retained Only | |
| Borrower | UK Residents, Companies | Foreign Nationals, Companies; Credit Impaired; | UK Residents, Companies | |
| Property | Residential | Residential; Mixed Use; Portfolios; HMOs | Residential | |
| Refurbishment | Not Permitted | Not Permitted | Permitted | |
| Charge | 1st Charge Only | |||
| Facility Fees | Arrangement Fee 2% | External Valuation Fee | External Legal Fee | External QS Fee 1 | |||
| Admin Fees | £350 per Property + £350 per Guarantor | Bespoke | £350 per Property + £350 per Guarantor + £500 Project DD | |
