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NEW! Discover our new and improved bridging range

Richard Lawton

Richard Lawton - Head of Bridging

Published 22.10.2021

As much as I’ve been trying to avoid it over the past month, I had to finally give in to the colder weather and switch on my central heating earlier this week, which can only mean one thing – autumn’s most definitely here.

It’s difficult to believe that it’s already that time of year again. But the seasons, like your customers’ lives, and therefore their borrowing requirements, never stay the same and are always changing.

To help meet their changing needs, I’m delighted to announce the launch of our new and improved bridging range which features regulated and non-regulated products up to 75% LTV with no maximum loan size and AVMS now available up to 60% LTV and with no fee.

It’s all backed up with rates that start from just 0.49% per month.

Product 50% LTV 65% LTV 70% LTV 75% LTV Facility fee
Standard bridging (regulated and non-regulated) 0.49% 0.59% 0.69% 0.75% 2.00%
Light refurbishment (regulated and non-regulated) 0.49% 0.59% 0.69% 0.75% 2.00%

We’ve also significantly expanded our refurbishment criteria and will now consider works under selected permitted development rights. This allows customers to replace or update building components, including redecorations, kitchens and additional bathrooms, as well as installing new flooring, windows, roof cladding, electrics, heating and plumbing systems.

Not only that, customers can now make full internal reconfigurations, including converting properties to a small HMO of up to six bedrooms, and change garages and lofts to living space.

We also accept collateral security on light refurbishment cases, which means that customers can use other properties they own to reduce the LTV, and subsequently the pricing. Historically, two valuations were required, whereas we can now run an AVM on the additional security.

We’ve been able to do this thanks to our in-house real estate team who really add an extra dimension to the service we can provide.

As the team are all qualified surveyors, it means that if an AVM doesn’t fit and isn’t within acceptable tolerance limits, the team can give an opinion on the valuation which we can rely on.

To find out more about the new range, take a look at our bridging product and criteria guide. If you’ve got any further questions, speak with a member of our sales team or call our dedicated underwriting team on 0800 116 4385.


For intermediary use only
BBR 1.00%