4 easy steps for quickly accessing secured borrowing options.
Get in touch with us several ways.
There are a plethora of ways to actually get in touch to find out more about our private, independent lending service. You can call us by telephone, send us an email, enquire online or shout really loudly.
We will value your home to determine loan.
When we arrive we will conduct a private, external survey of the building. After completion we need access to the inside so that we can proceed with the internal survey and general viewing.
Get an offer of finance almost immediately.
From the valuation and the information you give us about any outstanding mortgage or other loans secured on the property, we can ascertain just how much, or if we are able to lend to you.
Accept & we transfer funds instantly.
As long as all paperwork is present and correct, we can transfer funds to your personal, business or any nominated bank account instantly. We can also work to a specific date if required.
Or call: 0845 475 1814
What is the interest rate on bridging loans?
Up to 40% LTV.
There are a number of factors that goo intoo working what the rate of interest on a bridging loan will be. First and foremost is the LTV, or loan to value. If you have paid off 60% off the mortgage and/or secured loans of the property or land, or own it outright, you automatically qualify for our lowest rate of 0.38 percent per month. However, we also have to take into consideration exactly how much you would like to borrow and also your very recent credit rating. Get us on the phone for more information.
Up to 50% LTV.
If you have paid half of your mortgage of and have no other loans secured against the property, or if the total amount combined in your mortgage or remortgage and any other finance secured against the house is between forty and fifty percent, then you qualify for our second lowest rate of interest which, at it's base rate is 0.48% per month. However, as with our lowest rate borrowers, we have to factor in the amount you want to borrow and credit rating. Give us a call for more information.
Up to 65% LTV.
The maximum LTV, which stands for loan to value we can lend on is sixty five percent. So, to put it in basic terms, the lowest amount of mortgage, or a combined total of secured loans and mortgage on a house that is used is forty five percent of the house or property completely paid off. If you are within this band from fifty one to sixty five percent, then we can still lend at 0.75%, but yest again recent repayment history and how much you want to lend is also factored in. Give us a call for more information.
As an independent, private groups of lenders, we do not just lend bridging loans. We have lenders that offer such things as asset finance, whereby we secure against anything of high value, for instance machinery or top marque cars. We also offer guarantor lending, which no security execpt a Company Director to guarantee the loan will be repaid should the borrower default. Revolving credit facilities are also available through our group. Give us a call for more information.
What is the interest on a bridge loan in the UK?
That, combined with the cheapest rates of interest we are able to offer and the most flexible repayment plans in the commercial or homeowner bridging finance sector. They are all priorities to us, so you don't have to worry about not being offered the best deal possible on your quick residential or business bridging loan.
As a forward thinking group of principal lenders, lending both individually and also as a crowdsourcing secured lenders group, we can base funding both for home owners and company applicants purely on equity in the property, properties or land that are offered as security for the short term financing.
Call on our local rate 0845 475 1814 from a land line or call 0203 287 7169 from your mobile or request a call back by using the quick contact form on the right hand side, or just below depending on whether you are browsing on a PC or mobile device. Alternatively, click the button for our full on enquiry form.
Fast bad credit bridging loans are our specialty and because we offer both an unregulated and regulated service, and can offer both 1st and 2nd charge, we are not bound by strict guidelines sanctioned on banks or building societies or certain funding packages, which means a quicker decision and a faster pay out on any secured advance you are offered.
Our expert team with over three decades of experience in the short term funding market are on had during normal business hours to field your call and answer any questions you may have regarding bridging finance.
They can also accept your application on the phone too without you being obliged to accept any secured loan offered to you.
Call us on 0845 475 1814 or you can click below to apply online, or you are able to call us up from your mobile phone on the landline number 0203 287 7169 or request a call back by using the quick contact form on the right or directly below this block, still without being under any obligation to accept any offer presented to you. Alternatively, apply online by clicking the button.
Quick contact form
TSB bank loans
Are you a customer of the TSB? Or have you had a break in a property sale chain? Have you thought about approaching your bank about a short term bridging loan to bridge the gap? Find out if you can and what ther rates of interest are through us with no broker fees.
We offer a specialised form of bridging finance that can be used to purchase a new home, an investment property or a house for redevelopment through a property auctioneer. Visit our property auction finance pages for information on the rates of interest we have available today.
Natwest borrowing options.
The National Westminster is one of the longest serving, most established financial institutes through the United Kingdom today. Visit our page dedicated to the Natwest pending arm to find our their rates of interest on their short term bridging loan finance.