Development – Bridging Rates
Residential
Min Loan: £250,000
Max Loan: £10,000,000
Max LTV: 75%
Interest: Retained, Serviced
Rates from: 0.47% pm
Max Term: 24 months
Commercial
Min Loan: £250,000
Max Loan: £5,000,000
Max LTV: 70%
Interest: Retained, Serviced
Rates from: 0.69% pm
Max Term: 24 months
Development Exit
Min Loan: £250,000
Max Loan: £10,000,000
Max LTV: 75%
Interest: Retained, Serviced
Rates from: 0.47% pm
Max Term: 24 months
Refurbishment
85% Refurbishment
Min Loan: £350,000
Max Loan: £1,500,000
Max LTV: 55%
Interest: Retained
Rates from: 0.79% pm
Exit Fee: Nil
Max Term: 15 months
Light
Min Loan: £350,000
Max Loan: £5,000,000
Max LTV: 55% Incl. Interest
Max LTDGV: 75%
Interest: Rolled
Rates from: 0.59% pm
Exit Fee: Nil
Max Term: 15 months
Medium
Min Loan: £400,000
Max Loan: £5,000,000
Max LTV: 55% Incl. Interest
Max LTDGV: 75%
Interest: Rolled
Rates from: 0.59% pm
Exit Fee: Nil
Max Term: 18 months
Development
Senior
Min Loan: £750,000
Max Loan: £7,500,000
Max LTV: 70%
Max LTDGV: 70%
Max LTC: 80%
Interest: Rolled
Rates from: 8% pm
Exit Fee: 1.25% – 1.5%
Max Term: 36 months
Stretched
Min Loan: £750,000
Max Loan: £7,500,000
Max LTV: 75%
Max LTDGV: 70%
Max LTC: 90%
Interest: Rolled
Rates from: 9.5% pm
Exit Fee: 1.5%
Max Term: 36 months
Mezzanine
Mezzanine Finance
Min Loan: £500,000
Max Loan: £3,000,000
Max LTV: 75%
Max LTDGV: 70%
Max LTC: 90%
Interest: Rolled
Rates from: 15% pm
Exit Fee: 1.5%
Max Term: 24 months