Select Type

Standard Refurb 2nd Charge

Required term

1 Month 2 Months 3 Months 4 Months 5 Months 6 Months 7 Months 8 Months 9 Months 10 Months 11 Months 12 Months 13 Months 14 Months 15 Months 16 Months 17 Months 18 Months 19 Months 20 Months 21 Months 22 Months 23 Months 24 Months

The amount of months you require the loan for.

Number of Security Properties *

1 Property 2 Properties 3 Properties 4 Properties 5 Properties

This is the number of properties that you will be using as security for the loan i.e. if you are looking to buy a new property prior to your current property selling it may be more beneficial to put the charge for the bridging loan across both properties to get the best possible rate. The lower the LTV or loan size against the value of the security, the better the rate.

Valuation of Security Property 1 *

£

This is the market value of the property that you would be securing the bridging loan on.

Total Valuation

£

Net/actual loan amount required *

£

The net bridging loan amount that you require not including any fees or rolled payments ups etc.

Broker fee

£

Total initial loan

£

Lender fee (standard is 2%)

£

Assessment fee (standard is £295)

£

This is the amount the lender adds onto the loan to check the case.

Telegraphic transfer (standard is £35)

£

Fee charged by the lender for transferring the funds to your solicitors bank account prior to completion.

Total Loan

£

Any remaining current borrowing
(for second charges only)

£

If you have a mortgage which you wish to keep and as such you are looking for a second charge on the property we need to know the amount of the outstanding mortgage balance as this will determine the LTV.

Calculator Results

• • Months	Monthly Interest Generates	Total Accumulated Loan	Average Monthly Interest
    Month 1	£0.00	£0.00	£0.00
    Month 2	£0.00	£0.00	£0.00
    Month 3	£0.00	£0.00	£0.00
    Month 4	£0.00	£0.00	£0.00
    Month 5	£0.00	£0.00	£0.00
    Month 6	£0.00	£0.00	£0.00
    Month 7	£0.00	£0.00	£0.00
    Month 8	£0.00	£0.00	£0.00
    Month 9	£0.00	£0.00	£0.00
    Month 10	£0.00	£0.00	£0.00
    Month 11	£0.00	£0.00	£0.00
    Month 12	£0.00	£0.00	£0.00
    Month 13	£0.00	£0.00	£0.00
    Month 14	£0.00	£0.00	£0.00
    Month 15	£0.00	£0.00	£0.00
    Month 15	£0.00	£0.00	£0.00
    Month 17	£0.00	£0.00	£0.00
    Month 18	£0.00	£0.00	£0.00
    Month 19	£0.00	£0.00	£0.00
    Month 20	£0.00	£0.00	£0.00
    Month 21	£0.00	£0.00	£0.00
    Month 22	£0.00	£0.00	£0.00
    Month 23	£0.00	£0.00	£0.00
    Month 24	£0.00	£0.00	£0.00

Months	Monthly interest generated	Total accumulated loan	Average monthly interest
24	0.00	0.00	0.00

Initial LTV

%

Final LTV

%

Interest rate chargeable

%

Total interest charged over the required term

£

Any remaining current borrowing
(for second charges only)

£

Total to payback at end of required term

£

Other Fees

Estimated Valuation Fee

Security Property 1 Valuation Fee

£

Security Property 2 Valuation Fee

£

Security Property 3 Valuation Fee

£

Security Property 4 Valuation Fee

£

Security Property 5 Valuation Fee

£

Total Estimated Valuation Fee

£

Estimated Legal Fees

Separate Dual

Dual Legal fees(incl VAT)(add £100 only)

£

2nd property
(add £100 only)

3nd property
(add £100 only)

4nd property
(add £100 only)

5nd property
(add £100 only)

Total Estimated Legal Fees
(£100 added for each additional property)

£

***** Rates quoted are subject to status
***** Early repayment charges may apply on certain products
***** Prices quoted on these sheets are not liable for VAT

If you are struggling to obtain a quote or would like to discuss your quote, please get in touch or call us on 0116 402 7982

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Calculations Select Type Required term Number of security properties Valuation of Security Property 1 Valuation of Security Property 2 Valuation of Security Property 3 Valuation of Security Property 4 Valuation of Security Property 5 Total Valuation Net/actual loan amount required Broker fee Total initial loan Lender fee (standard is 2%) Assessment fee (standard is £295) Telegraphic transfer (standard is £35) Total Loan Any remaining current borrowing (for second charges only) Calculator Results Initial LTV Final LTV Interest rate chargeable Average Monthly Interest

Total interest charged over the required term Any remaining current borrowing (for second charges only) Total to payback at end of required term

Other Fees

Estimated Valuation Fee Security Property 1 Valuation Fee Security Property 2 Valuation Fee Security Property 3 Valuation Fee Security Property 4 Valuation Fee Security Property 5 Valuation Fee Total Estimated Valuation Fee

Estimated Legal Fees Dual Legal fees(incl VAT) 2nd property (add £100 only) 3nd property (add £100 only) 4nd property (add £100 only) 5nd property (add £100 only) Total Estimated Legal Fees(£100 added for each additional property)

If you are struggling to obtain a quote or would like to discuss your quote, please get in touch or call us on 0116 464 5544 In bridging finance, monthly payments are not normally required unless requested. Instead the borrower receives the net loan amount and on repayment of that loan also repays any interest generated whilst the loan was outstanding.

***** Rates quoted are subject to status ****** Early repayment charges may apply on certain products **** Prices quoted on these sheets are not liable for VAT

Who can qualify for a bridging loan?

Do you qualify for a bridging loan? The criteria that lenders such as Masthaven use to approve a loan vary. At UK Property Finance, we work with a wide range of lenders to provide financing for people dealing with all types of financial situations.

From avoiding repossession to funding your real estate investments, we can surely find a suitable loan option for your needs.

Funding business expansion projects

Bridging loans are also suitable for those who need to fund their business expansion. As we can typically help clients receive funding quickly, these loans are perfect for taking advantage of new business opportunities. When these opportunities arise, you typically need to act quickly.

We had a client that experienced a surge in business after a competitor folded. Using the funding that we helped secure, the client was able to purchase additional equipment to help expand her business operations.

Receive funding to pay off tax bills

At UK Property Finance, we have also helped people who need funding to pay off tax bills. For example, we had a self-employed client with a large tax bill that needed to be paid. He also required financing to make this home marketable.

Within the day, we had arranged a principled agreement. The client received his funding and paid off his taxes while also completing work on his property to increase its value.

Refurbish a real estate investment property

You may also qualify for a bridging loan when you need funding to refurbish a real estate investment property. We had a client who needed to convert an unencumbered house into four flats. Using the bridging loan, the client was able to complete his refurbishment project, sell the remaining flats, and use the money to pay off the loan.

Advantages of bridging loans compared to mortgages

Why should you obtain a bridging loan instead of seeking a mortgage through a traditional lender such as Masthaven? At UK Property Finance, we are experienced loan brokers with access to the top bridging loan lenders in the UK. We ensure that you get the best rates and receive your funds quickly.

Obtaining a mortgage is a time-consuming process. You may need to wait six to eight weeks to get your funds to complete the transaction. There are many situations where time is of the essence. You may need fast funds to buy a property at auction, avoid repossession, or buying a property from a homeowner who needs to sell quickly.

Conventional mortgages also have more requirements than the bridging loans that we broker. Our application process is simple while applying for a mortgage requires lenders to look at your income and credit standing. If you have equity, you can likely secure funding through a bridging loan.

The next step in getting the financing that you need is to contact us. Use our inquiry form to submit a few details, and we will begin searching for the loan products that provide the best terms.

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