Affordable Bridging Finance, an Alternative to Funding with Barclays
The amount of months you require the loan for.x
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.x
£
This is the market value of the property that you would be securing the bridging loan on.x
£
£
The net bridging loan amount that you require not including any fees or rolled payments ups etc.x
£
£
£
£
This is the amount the lender adds onto the loan to check the case.x
£
Fee charged by the lender for transferring the funds to your solicitors bank account prior to completion.x
£
£
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.x
Please fill in the below details to get the quotation emailed
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
If you are looking to solve a critical cash flow problem using a short-term bridging loan product from Barclays or any other competitive lender, then let UK Property Finance get you the best deal with the lowest rates. As a whole of market bridging financing specialists, we can quickly arrange credit for UK clients seeking speedy approval, a quick pay-out, and flexible borrowing terms. As a fully regulated independent broker, we scan the whole market on your behalf to locate the best solution depending on your specific borrowing needs.
We can provide quotes to compare against Barclays bridging loans:
Up to £25 million, or even higher – Depending on the level of security you can provide.
With terms ranging from one to 24 months – With repayment extensions as an option.
Secured on all types of property – Including residential, commercial, and mixed-use.
Using one or more properties as collateral – Depending on what you are willing to offer.
Quickly and efficiently – While checking your application for potential problems beforehand and helping things move along more smoothly.
Use our online bridging loan calculator to compare our rates to those of Barclays
Simply enter a few basic parameters, such as the amount you want to borrow, the number of properties you want to secure the loan against, the amount of equity you have in each, the payback duration, and any other information you choose to provide.