Residential Bridging Loans

Bridging finance options for residential property owners and investors

Give me the facts

ELEGIBILTY

Individual, corporate, overseas and trust borrowers looking to purchase/refinance property in England, Wales, Northern Ireland and Scotland

Up to 75% loan to value, 100% with additional security

MINIMUM AGE

21

MAXIMUM AGE

No upper limit – subject to underwriter review

AMOUNT

£100,000 – £25 million

DURATION

Up to 36 months for non FCA loans, 12 months for FCA regulated loans

REPAYMENT

Monthly serviced or rolled up

INTEREST RATE

From 0.44% per month

SECURITY REQUIRED

First or second charge registered against a property

SPEED OF DECISION

Quote within 10 minutes of enquiry, credit backed decision the same day

TIMING OF CASH

Can be funded as quickly as 5 working days but normally in as little as 10 working days

APPLICATION PROCESS

Online enquiry, call, postal applications or face to face meeting

Best used for

Light, medium and heavy refurbishment

Bridging the gap between purchase and sale

Power of attorney loans

Downsizing

Asset purchase and/or refinance

Portfolio restructuring

Land with planning

Business funding

Settling insolvency matters

Stopping repossessions

Key features

Interest calculated daily

Interest calculated daily

Rolled up interest facility

Rolled up interest facility

Valuation and legal fees at cost

Valuation and legal fees at cost

Residential mixed-use property

Residential mixed-use property

No early repayment charges after 1 month

No early repayment charges after 1 month

Rapid Bridging money hand icon

Contact us for more information

0208 150 7528
info@rapidbridging.com