Bridging Loan Product Features & Rates

Apply for a   Bridging Loan

While the features of any Bridging Loan will depend on the circumstances of each client, the table below can be used as a guide. We consider lending across a wide range of client circumstances – so it is worth getting in touch no matter how complex a particular case might seem.

WHAT WE LEND ON

  • Residential property
  • Commercial and semi-commercial property
  • First and second charge security
  • Investment property
  • Limited companies
  • Multiple occupation (such as HMOs)
  • Farms or agricultural property
  • Offshore special purpose vehicles (SPV)
  • Land (only with planning permission)

Product Features

  • Nationwide
  • Interest charged with a 1 month minimum
  • Interest on Bridging loans can be retained or serviced, subject to affordability
  • Adverse credit to be considered case by case
  • No exit fees on bridging loans

CURRENT RATES

To download our full product ratecard please click here.

Regulated Residential Bridging

  Regulated
Residential Bridging
  1st Charge
LTV*  
<50% 0.95%
<65% 1.10%
<70% 1.15%
<75% N/A
Minimum Term 1 month
Maximum Term 12 months
Minimum Loan Size £30,000
Maximum Loan Size £3,000,000
Rental Coverage -
ERC No
Apply Now

Unregulated Residential Bridging

  Unregulated
Residential Bridging
  1st Charge 2nd Charge
LTV*    
<50% 0.75% 0.95%
<65% 0.95% 1.05%
<70% 1% 1.15%
<75% 1.15% N/A
Minimum Term 1 month 1 month
Maximum Term 18 months 18 months
Minimum Loan Size £30,000 £30,000
Maximum Loan Size N/A*** N/A***
Rental Coverage - -
ERC No No
Apply Now

Commercial Bridging

  Commercial
Bridging
  1st Charge 2nd Charge
LTV*    
<50% 0.95% 0.95%
<65% 1.10% 1.10%
<70% 1.15% 1.15%
<75% N/A N/A
Minimum Term 1 month 1 month
Maximum Term 18 months 18 months
Minimum Loan Size £30,000 £30,000
Maximum Loan Size N/A*** N/A***
Rental Coverage - -
ERC No No
Apply Now

Bridge To Let

  Bridge To Let
   
LTV*  
<50% Fixed 2 / 3 Year Term **
<65% Fixed 2 / 3 Year Term **
<70% N/A
<75% N/A
Minimum Term  
Maximum Term  
Minimum Loan Size £30,000
Maximum Loan Size N/A***
Rental Coverage 100%
ERC 6% / 5% / 4%
Apply Now
  • *Interest rates stated per month
  • **2% Interest per annum is charged and is payable upon redemption of the loan.This interest is treated as deferred and charged in addition to the stated per annum rate.

    6.49% pa above LIBOR, with additional 2% deferred
  • ***Large loans over £2m to be considered on an individual basis

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