9:00 AM, 9th January 2013, About 13 years ago
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The Bridging Loans market has become popular with many new niche lenders competing with the big banks for your business. This competition can only be good for price, customer service and lending criteria. The Loan Directory is a regular feature publishing examples of the most competitive and frequently used product offerings helping readers identify possible funding facilities for their own projects.
In this latest publication we provide an updated selection of the most competitive deals on offer in respect of Short-Term and Bridging Loans. Market leading features are highlighted for easy reference.
P118 Short-Term and Bridging Loans Directory:
In association with Brooklands Commercial Finance Ltd a whole of market broker with access to semi-exclusive arrangements with various lenders.
Click here to see the Development Finance Loan Directory
Click here to see the Commercial Finance Loan Directory
|
Loan Size |
LTV |
Interest Rate
|
Arrangement Fee |
Term (Min/Max) |
Purpose/Features |
||
| Short-Term Loans for Purchase of Residential, Commercial & Mixed Use Properties. | |||||||
|
£75k – £2.5m |
Up to 70% |
From 0.7% per month |
1.95% |
3 months 18 months |
No Exit FeeAuction purchase.Refinance of recent unencumbered purchases. | ||
| Short-Term Loans for Light Refurbishment. Purchase of Residential & Mixed Use Properties | |||||||
|
£75k – £2.5m |
Up to 70% |
0.84% per month |
1.95% |
3 months 12 months |
No Exit FeeProperty must be habitable.No changes in planning /regs.No major structural changes. | ||
| Medium Term Loans for Light Refurbishment. Purchase of Residential Properties. | |||||||
|
£75k – £2.5m
|
Up to 70% |
0.53% Per month |
2.50% |
Up to 5 yrs. Int. only. or cap. & int. |
No Exit FeeProperty must be habitable.No changes in planning /regs.No major structural changes. | ||
| Bridging Finance | |||||||
|
£150k – £5m |
Up to 70% |
1.5% per month |
Nil |
1 month 12 months |
No Exit Fee.Residential properties.London & South East.Credit impairment considered.1st & 2nd charges. | ||
|
£50k – £2m |
Up to 70% |
0.91% per month |
2.0% |
1 month 12 months |
No Exit Fee.Residential properties.Lower rate of 0.83% for serviced loans. | ||
|
£50k – £1m |
Up to 65% |
1.5% per month |
2.0% |
1 day 12 months |
Auction purchases.England & Wales.Loan based on open market value.Exit Fee 1.5% of loan. | ||
To discuss any commercial deal please call us on 01603 489118 or email [email protected]
For Development finance please click here.
For Commercial mortgages please click here.
For Bridging finance please click here.
If you would like to add your own requirements and search for the most popular available Buy to Let products please click here
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