Best Bridging Loan Rates 2016

 In Loans

Bridging Loans Rates In 2016 can vary dramatically depending on the amount you’re looking to borrow, the LTV (Loan To Value), and expected bridging loan term.  The typical best rate is normally around 0.60% and raises to 2%  for small or high risk bridging loans.

Best Bridging Loan Rates 2016

Name Maximum LTV Loan term Loan amount Montrly interest rate
Precise Mortgages Bridging Loan 1st Charge: 75% & 2nd Charge: 70% 1 months to 18 months £50,000+ 0.59% to 1.25%
Funding 365 Bridging Loan 1st Charge: 75% & 2nd Charge: 65% 3 months to 1 year £100,000 to £5,000,000 0.65% to 1.70%
LendInvest Bridging Loan 0.75 1 month to 1 year £100,000 to £5,000,000 0.65% to 1.50%
Shawbrook Bank Bridging Loan 0.7 1 month to 1 year £75,000 to £10,000,000 0.65% to 0.89%
United Trust Bank Bridging Loan 1st Charge: 70% & 2nd Charge: 65% 1 month to 1 year £100,000 to £10,000,000 0.69% to 1.50%
Lancashire Bridging Loan 0.75 1 month to 2 years £26,000 to £500,000 0.75% to 1.45%
Omni Bridging Loan 1st Charge: 80% & 2nd Charge: 75% 1 month to 2 years £100,000 to £250,000,000 0.75% to 1.60%
West One Bridging Loan 1st Charge: 70% & 2nd Charge: 65% 1 month to 18 months £30,000 to £10,000,000 0.75% to 1.55%
Dragonfly Bridging Loan 1st Charge: 70% & 2nd Charge: 75% 1 month to 2 years £50,000 to £250,000,000 0.85% to 1.25%
Oblix Capital Bridging Loan 0.65 1 month to 2 years £50,000 to £3,000,000 0.85% to 1.40%
Mastraven Bridging Loan 1st Charge: 80% & 2nd Charge: 60% 1 month to 1 year £50,000 to £5,000,000 0.95% to 1.5%
MT Finance Bridging Loan 1st Charge: 75% & 2nd Charge: 70% up to 2 years £50,000 to £8,000,000 0.99% to 1.50%
Affirmative Bridging Loan 0.75 up to 1 year £10,000 to £5,000,000 1% to 1.50%
Regents Mead Bridging Loan 0.5 3 months to 1 year £100,000 to £2,000,000 1% to 1.50%
Holme Finance Bridging Loan 1st Charge: 65% & 2nd Charge: 60% 1 month to 1 year £10,000 to £250,000 1.10% to 2%
Lowry Capital Bridging Loan 1st Charge: 65% & 2nd Charge: 60% 1 month to 1 year £25,000 to £1,500,000 1.25% to 1.50%

What Is A Bridging Loan?

a sum of money lent by a bank to cover an interval between two transactions, typically the buying of one house and the selling of another.

How Long Does It Take To Draw A Bridging Loan?

Bridging loans are designed to be fast transactions.  As long as you have all necessary paperwork in order and ready, we can usually get money into your account within a few days.

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