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
We can help if you are looking for a bridging loan with any of the following features:
Fast approval on loans from £30,000 to £10,000,000 and upwards.
Available with flexible terms, ranging between 1 month and 24 months.
Sourced from the most competitive lender, we work with the whole market to ensure you get the most affordable product.
Quick turnaround: if you need finance in the next seven days, get in touch today and enjoy fast service.
Secured on any property type: residential homes, buy-to-let properties, and commercial buildings are all suitable, provided you have sufficient equity.
Use our free online bridging loan calculator
UK Property Finance is the UK’s leading choice for fast and affordable bridging loan products. We can drastically cut the time it takes to find and apply for the most appropriate bridging finance deal based on your individual borrowing requirements. In some cases, bridging loans can be arranged in just five days.
Once your application has been approved, we can even release funds from our own reserves, depending on how urgent the situation is. As a whole of market broker, UK Property Finance can get you the best deal on a diverse range of products sourced from an entire spectrum of lenders, ranging from high-street banks and building societies through to private investors and specialist finance firms.