Bridging Loans Alternative to Skipton Building Society

Select Type

Standard Refurb 2nd Charge

Required term

1 Month 2 Months 3 Months 4 Months 5 Months 6 Months 7 Months 8 Months 9 Months 10 Months 11 Months 12 Months 13 Months 14 Months 15 Months 16 Months 17 Months 18 Months 19 Months 20 Months 21 Months 22 Months 23 Months 24 Months

The amount of months you require the loan for.x

Number of Security Properties *

1 Property 2 Properties 3 Properties 4 Properties 5 Properties

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

Valuation of Security Property 1 *

£

This is the market value of the property that you would be securing the bridging loan on.x

Total Valuation

£

Net/actual loan amount required *

£

The net bridging loan amount that you require not including any fees or rolled payments ups etc.x

Broker fee

£

Total initial loan

£

Lender fee (standard is 2%)

£

Assessment fee (standard is £295)

£

This is the amount the lender adds onto the loan to check the case.x

Telegraphic transfer (standard is £35)

£

Fee charged by the lender for transferring the funds to your solicitors bank account prior to completion.x

Total Loan

£

Any remaining current borrowing (2nd charges only)

£

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

See our privacy policy for more details.

Calculator Results

• • Months	Monthly Interest Generates	Total Accumulated Loan	Average Monthly Interest
    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

Months	Monthly interest generated	Total accumulated loan	Average monthly interest
24	0.00	0.00	0.00

Initial LTV

%

Final LTV

%

Interest rate chargeable

%

Total interest charged over the required term

£

Any remaining current borrowing (2nd 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

Separate Dual

Dual Legal fees(incl VAT)(add £100 only)

£

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)

£

***** 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 struggling to obtain a quote or would like to discuss your quote, please get in touch or call us on 0116 402 7982

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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

Compared to Skipton Building Society, we can provide bridging loans with the following:

• Quick approval on loans, from £20,000 to £20 million or more.
• Flexible repayment terms: from a month to 2 years.
• Low interest rates, which take advantage of the Bank of England’s lowest base rates ever.
• Ultra-fast turnaround: we move quickly, so you get the funds you need in just over a week.
• Secured on any property, whether it’s an industrial unit, your home, or any other type of real estate you own.

Skipton Buiding Society customers can use our quick and easy bridging loan calculator

We are the country’s leading choice for speedily arranged, cost-effective bridging loans, and our fees are among the lowest you will find anywhere. At UK Property Finance, we understand the bridging market inside out, and we work closely with every mainstream provider out there in order to ensure you get the best possible deal with zero stress and the minimum of delay. Our Skipton bridging loans are the ideal solution for a wide variety of purposes and are suitable for both business and personal use.

Whether you want to buy a property at auction; are looking to finance the purchase of a new home while waiting for your current place of residence to sell; you need to solve some urgent cash flow problems so that you can move on to the next stage in your business dealings, our team of bridging experts is always available to help.