Our bridging loans rates 2019 for open and closed borrowing.
Speak with us, we don't bite.
If you are in need of a short term option secured against property then simply get in touch with us today to see if we are able to assist you. Phone, email or use the FaceBook messenger app or Skype.
We will value your home to determine loan.
We arrange for a local surveyor to 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 valuation.
Get an offer of finance almost immediately.
From the surveyors report 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
Banks don't offer bridging finance anymore.
0.48% interest rates.
APR or annual repayment rate is very important when you borrow money or obtain a credit card. However, not so much with a bridging loan if you use it correctly. Interest is calculated monthly not annually, so clear in a couple of months and you pay very little in fees all things considered. Give us a call today for information
0.50% rate of interest.
No lock in costs with us. Most crowd funded lenders require you to pay an up front fee anywhere between £500 and £2000. This is so you are tied to them and they get paid even if you don't borrow from them. We do not tie you into us. We believe our service and rates sell our products. Get in touch with us today.
0.75% monthly charge.
No upfront administative costs are charged either. You simply don't pay us a single penny to get your short term borrowing option up and running and paid into your ban account. Quite simply the easiest transaction you will get in the high value borrowing market in the United Kingdom today. Give us a ring today for info.
1.00% rating fee.
The only thing you have to pay for is the valuation of the property, however if you house is up for sale and you already have a recent one available, then this will suffice. If you don't it is done by a local company to you who is not affiliated with us in any wat, shape or form, for an impartial review. Call us up today to learn more.
2019 bridging finance rates and terms of borrowing.
The bridging lon rates we have published above can change and you are not guaranteed of the set rates. For example if you have a good credit history and are looking at borrowing over £250,000 then you would typically find your interest at the lower rate of 0.48%, but this is also dependent on the LTV (Loan To Value). It's about the risk factor. We have to ascertain the likelihood of you paying back the advance.
Your interest charge would b monthly which would mean, borrowing £100,000 at 0.48% your monthly fee would be £480.00. If you clear the full amount with three months, you would have to pay three monthly interest charges, which would equate to £1440.00 to borrow that amount over that timeframe. That mean you have paid a minisccule 1.44% in interest charges. There are no early exit fees.
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.
Whilst having a bad credit rating doesn't stop people borrowing from us, it does affect the rate of interest. So if your score isn't good and you want to borrow £50,000, ideally we would be looking at the 0.75% charge. Clear the in three months and you have paid £400.00 per month, over three months is £1200.00. Considering the bad credit history, where monst lenders would advance funds, thats a really good deal.
We also lend to bankrupts and IVA's (with consent from any supervisors in place. This will be at our maximum rate of one pervent per month. Borriwng £25,000 would equate to fees of £250 per month. Or a total of £750.00 over three months.
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
Unregulated bridging loan
As direct lenders we offer our own style of unregulated bridging loans to both home owner and to commercia projects and companies. By clicking the link above you can find about this particular service.
Regulated bridging loan
We are not regulated by the FCA. Therefore as lenders, we are unable to offer any form of regulated funding packages. however, we know lenders that do offer regulated bridging finance, so feel free to contact us about an offer.
Revolving credit facility
We hve a lender in our group that specialises soley in UK revolving credit facilities and can offer this type of borrowing to people that have an A1 credit score and borrowing history. It is not available to those with a bad credit report.