Residential bridging loans secured by individual houses and flats, apartment buildings and HMO’s where the property is let under Assured Shorthold Tenancies.
For purchase or refinance and to release equity or provide working capital.
Available to property investors and dealers. From £250,000 up to £10m for 3 to 24 months.
First and second charge loans for 3 to 24 months to individuals, partnerships, UK Limited Companies, Limited Liability Partnerships and offshore borrowing entities in approved jurisdictions.
Loans are not available for farms, stables, kennels, equestrian centres and other agricultural holdings, and any non-conforming, remote or unusual properties.
The terms below are indicative and we will always welcome a phone call to tell you more.
3 - 24 Months
3 - 24 Months
£500,000
£250,000
£10,000,000
£5,000,000
75%
70%
0.65% p.m
0.80% p.m
1%
1%
Purchase, refinance, working capital and equity release
Houses and flats, HMO's and apartment buildings for resale or let on Assured Shorthold Tenancies
Individuals & partnerships
UK Limited companies and Limited Liability Partnerships (LLPs)
Off-shore borrowing entities in approved jurisdictions
Farms, stables, kennels, equestrian centres and other agricultural holdings
Non-conforming, remote or unusual properties
Ex local authority flats over five stories
First or second mortgage over the property
Personal guarantee(s), debenture and floating charge
