Residential property finance

Bridge to let loans

0.46
%
from rate (pm)
70
%
max LTV
£
500
k
min loan size
Sometimes people may not be completely confident with their existing refinance arrangements or want the option to retain a property on some longer-term finance once their bridging term has finished. We developed our bridge to let loans following discussions with some of our clients. They told us that while bridging loans are great on ‘day one’, they also wanted extra certainty that when the loan came to end, they would still have the added security of a finance option with us. So, we designed a product that gave them precisely that. Here’s how it works:
The first period of the loan is a bridging loan, without early repayment charges.
This is followed by a fixed term for a set period of time.
The rates are fixed on day one.
No additional underwriting is carried out when the bridging loan finishes, and the term loan begins.
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