Loan
Minimum loan |
£40,000 |
---|---|
Maximum loan | Aggregated exposure limited to £25,000,000 (£500,000 Lending for Costs) |
Term |
Minimum 1 Month. Maximum 24 Months. |
Repayment method | Fully retained, Part retained or Serviced monthly |
Maximum LTV |
Residential and Semi-Commercial Bridging: 75% of the Open Market Value Lending for Costs: 85% of the Open Market Value in current condition or 65% of the post works value/GDV, whichever is lower Higher value single dwelling residential properties also have the following LTV restrictions: Property Value: To £2m
Property Value: £2m - £3m
Property Value: £3m - £5m
Property Value: >£5m
|
Minimum loan |
£40,000 |
---|---|
Maximum loan | Aggregated exposure limited to £25,000,000 (£500,000 Lending for Costs) |
Term |
Minimum 1 Month. Maximum 24 Months. |
Repayment method | Fully retained, Part retained or Serviced monthly |
Maximum LTV |
Residential and Semi-Commercial Bridging: 75% of the Open Market Value Lending for Costs: 85% of the Open Market Value in current condition or 65% of the post works value/GDV, whichever is lower Higher value single dwelling residential properties also have the following LTV restrictions: Property Value: To £2m
Property Value: £2m - £3m
Property Value: £3m - £5m
Property Value: >£5m
|