UK Bridging Loans Ltd. is a lender with a difference. We work with many cases every year and have access to the quick release of funds people need, as fast as 24 hours in some cases.
The number of months you need the loan for.x
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
£
This is the market value of the property on which you would get the bridging loan.x
£
£
The net amount you require for a bridging loan, excluding fees and rolled-up installments, etc.x
£
£
£
£
This is the amount that the lender adds to the loan to check the case.x
£
The lender charges a fee for moving payments to your solicitor's bank account prior to completion.x
£
£
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
%
%
%
£
£
£
£
£
£
£
£
£
£
£
Enter your contact details to receive a copy of this quotation
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
With no legal fees, no age restrictions, and no credit rating requirements: UK Bridging Loans is the bridging loan lender of choice for many needing funds as quickly as possible. Offering both 2nd and 3rd charge lending as well as development bridging, we can tailor a funding package to meet your individual and unique requirements.
Our team is waiting to assist you. Call us today on 0116 366 6338 or visit our website (www.ukbridgingloans.uk).
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.