Residential Bridging
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Key Product Criteria
London Credit’s residential bridge provides borrowers quick access to funds to use on buy-to-let properties. It can be a fast solution to either purchase a property, refinance an existing debt, or renovate and retain or sell on.
Purpose
Residential property purchase or refinance
Maximum loan size
£3,500,000
Loan term
3 to 18 months
MAX LTV
Arrangement fee
2%
Interest method
Retained, Rolled-up or Serviced
Monthly rates from
0.77%
Charge
First and/or Second
Early repayment charge
None after initial 3 months of loan
Other Criteria:
