NatWest Bridging Loan Calculator

Bridging Type

Standard Refurb 2nd Charge

Length of 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 number of months you need the loan for.x

How many Security Properties *

1 Property 2 Properties 3 Properties 4 Properties 5 Properties

This is the number of properties that will be used as collateral for the loan. For example, if you want to acquire a new home before selling your present one, it may be more advantageous to charge the bridging loan over both properties to receive the highest rate available. The smaller the LTV, or loan size, relative to the value of the security, the better the rate.x

Security Property 1 Valuation *

£

This is the market value of the property on which you would get the bridging loan.x

Valuation Total

£

Net loan amount *

£

The net amount you require for a bridging loan, excluding fees and rolled-up installments, etc.x

Broker charge

£

Initial Loan Value

£

Lender charge (standard: 2%)

£

Assessment charge (standard: £295)

£

This is the amount that the lender adds to the loan to check the case.x

Telegraphic transfer fee (standard: £35)

£

The lender charges a fee for moving payments to your solicitor's bank account prior to completion.x

Total Loan Amount

£

Any outstanding current borrowing
(second charge only)

£

If you have a mortgage that you want to maintain and are searching for a second charge on the property, we need to know the existing mortgage balance because this determines the LTV.x

Loan Calculation Result

• • No. of Months	Interest Monthly	Total Accumulated Loan	Avg Interest per month
    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

No. of Months	Interest Monthly	Total accumulated loan	Avg Interest per month
24	0.00	0.00	0.00

Initial L.T.V

%

Final L.T.V

%

Interest rate charged

%

Total interest charged over the loan term requested

£

Any outstanding current borrowing
(second charge only)

£

Total amount to be repaid at end of loan term

£

Other Charges

Estimated Valuation Cost

Security Property 1 Valuation Cost

£

Security Property 2 Valuation Cost

£

Security Property 3 Valuation Cost

£

Security Property 4 Valuation Cost

£

Security Property 5 Valuation Cost

£

Total Valuation Cost (Estimated)

£

Legal Fees (Estimate)

Separate Dual

Dual Legal cost(incl VAT)(add £100, only)

£

2nd property
(add £100, only)

3rd property
(add £100, only)

4th property
(add £100, only)

5th property
(add £100, only)

Total Estimated Legal Charges
(£100 added based on each additional property)

£

***** Interest rates quoted are subject to status

***** Early repayment may incur charges on certain products

***** Prices quoted on this calculation is not liable for VAT

If you are having problems with obtaining your quote or would like to discuss your quote, please email us or call the number: 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

At UK Property Finance, we work with the top lenders to provide clients with a variety of bridging loan solutions. We can help you get the best terms, no matter the reason that you need to obtain a loan.

Short-term financial solutions for pensioners

Pensioners and senior citizens may have trouble obtaining a traditional loan through NatWest. The lack of available cash flow may result in a loan application being denied. Our bridging loan products provide a suitable alternative for those who have equity in their current property.

Why might you need a bridging loan? Acquiring a bridging loan allows you to move forward with the purchase of a property without waiting months for approval from NatWest or other major lenders.

Along with the purchase of a property, you may need funds to solve various short-term cash flow problems. For example, a bridging loan may offer a suitable solution for covering medical fees, home care fees, or unexpected financial situations.

With a bridging loan, you do not need to wait to sell your current property to cover your expenses or plan to purchase a new property. You get a financial solution to bridge the gap between getting financing from a conventional loan or the sale of your existing property.

Essential benefits of our bridging loans for seniors

Your age should not be a factor when applying for a loan. Unfortunately, seniors may have trouble obtaining a conventional loan from NatWest and other major lenders. Even with considerable equity in your current property, income and age still factor into the loan approval process.

With our bridging loans, your equity and your plan to repay the loan are the two main criteria for approval. Along with helping you receive funds quickly, our bridging loans provide several key benefits for seniors and pensioners:

• There are no exit fees
• No monthly payments
• Borrow from £20,000 upwards.
• Secure with any type of property
• Flexible terms ranging from 1 month to 24 months

Obtaining a bridging loan is easier and less restrictive than obtaining a traditional loan from NatWest. Our bridging loans are often an effective strategy to solve short-term cash flow issues. Whether you need funds to purchase a new property or to cover your home care fees, we can help you find the right loan product.

Use our online bridging loan calculator

If you want to learn more about our loan options, use our online bridging loan calculator to estimate your interest and the available rates. At UK Property Finance, we understand that everyone has different financial circumstances. We ensure that you have financial options available, no matter your age, income level, or credit standing.

We provide NatWest comparison calculators to see what type of product works best for you and to provide more competitive lending rates than NatWest.

• NatWest Bridging Loan
• NatWest Mortgage
• NatWest Secured Loans
• NatWest Remortgage
• NatWest Equity Release

Our loans provide an opportunity to receive the funds that you need quickly, allowing you to move forward with your plans without delay. In fact, you may receive a decision within days. Get started today to begin your bridging loan application process.

Since most bridging loan lenders do not deal directly with the public, you will typically need to go via a loan broker in order to obtain a bridge loan. The majority of high street banks handle bridge loans through distinct companies that are only available through brokers.

Our Loan Comparison Services

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