We have increased our residential unregulated bridging leverage back up to 70% Gross LTV, regulated to 65%, and have also reduced the rate!
The New Residential Bridging Product is as follows:
Unregulated:
- Max LTV – 70% Gross
- Rate – 0.69%pm
- Minimum of 12 month term (retained)
- No ERC
- Max Loan Amount: c.£1m
- 2% Arrangement fee
Regulated:
- Max LTV – 65% Gross
- Rate – 0.72%pm
- Minimum of 12 month term
- No ERC
- Max Loan Amount: c.£1m
- 2% Arrangement fee
We are also back up to 65% LTGDV on our refurb and development cases!
Do you have any new, current or old cases where you are looking for Plan A or B which would suit this product? Keen to see them!
Oliver Porter – External Business Development Manager
07736 967 355
020 3935 4160
