123 Bridging Loans .co.uk Rates
Bridging
Loan rates varies from lender to lender, and as we have
our own funds, further private investors and access to over 30 specialist
lenders it is not possible to give exact rates. Below we have listed
the best and averate rates:
1st
Charge Full Status - Best Rate 0.65% per month - Average 0.9% per
month
1st Charge Non Status - Best Rate 0.75% per month - Average 1.35%
per month
2nd
Charge Clean Credit - Best Rate 0.8% per month - Average 1.5% per
month
2nd Charge Adverse Credit - Best Rate 1.25% per month - Average
1.5% per month
3rd
Charge Lending is available with rates in the region of 1.75% per
month
When
loooking at the monthly interest rate, it is important to take into
account the other costs associated which can include a lenders arrangement
fee which can be as high as 3%, there may be an exit fee that can
be as high as two months interest and you also have to pay lenders
legal fees. Our keenest package has a 1% arrangement
fee payable on completion, interest is caclulated daily, there is
no minimum term and no exit penalties.
Why
not call us on 0844 357 6350 for an immediate idea
of what is likely to be the best solution. Or you can complete our
enquiry form without obligation
and we will contact you with some ideas on how we can help. If you
are sceptical about using an 0844 number you will find standard
telephone numbers in our contact
us section.
Below
you will find links to other areas of interest, including a list
of all the bridging
loan lenders we use and acceptable security.
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