Bridging Finance
Whilst our primary offering is to provide mezzanine finance, we are pleased to support our clients further, by providing them with the following bridging finance solutions:
Bridging Finance Proposition
Standard Bridging
1
0.83% pm
2%
Light Refurb
2
0.83% pm
2%
Heavy Refurb*
3
0.83% pm
2%
Semi Commercial
Bespoke pricing
2%
* up to 75% day 1 LTV with up to 100% of the cost of works funded in arrears, up to a maximum of 70% LTGDV
Individuals and Companies
Borrowers
Residential and Semi-Commercial
Asset Class
Clean
Credit
England & Wales
Location
BTL Mortgage, Semi / Commercial Mortgage, Sale
Repayment
Standard Bridging
Acquisitions, refinances, dev, exits, lease extensions, releasing equity for business purposes.
Light Refurb
Heavy Refurb
Fee
70% LTV
Doesn’t require PD approval or planning permission, eg: kitchen / bathroom refit and general decoration, no experience necessary.
Does require PD approval or full planning permission, eg: loft / side / rear extension (NOT ground up development), experience necessary for some projects.
Loan Amount
£300,000 – £3m
Maximum Loan Term
18 months
Minimum Loan Term
3 months
No Exit Fee
Find out more