Introducing a New Bridging Lender...
- 2 days ago
- 1 min read
There is a new bridging lender that has entered the industry who we have welcomed to our panel. They are technology driven to streamline the process from start to finish meaning they can complete fast and with ease (and no printing)!
The Highlights:
• 75% LTV
• Dual Representation Legals
• No Upfront Legal Fees
• Free instant AVM for the valuations (when possible)
Product Summary:
• Loan Size: £50k - £2m
• Term: Up to 18months
• Location: England and Wales
• Security Type: Available for residential purchases, refinances, capital raise and light refurbishment works
• Interest Rate: From 0.9% - the interest can be serviced or retained
• Fees: No exit fees, 2% arrangement fee
• Valuation Type: AVM so an instant valuation
• Loan to Value: Up to 75% / 85% for light refurb
• Legals: Dual Representation (with NO upfront legal undertaking)
• Title and search indemnity used to ensure fast completions
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