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Commercial Mortgages > Bridging Loans
Bridging Loans
Updated: 19th January 2007 (PM)
Short-term bridging loans can be quickly arranged on a completely 'non-status' basis, i.e. no accounts required, no income proof required, any amount of CCJ's/Defaults.
Residential property : Up to 80% of Open Market Value. Rate 2% per month. Any purpose.
Commercial property : Up to 70% of Forced Sale Value. Rate 2% per month. Any purpose.
If the loan requirement is less than the maximum stipulated above, then better terms may be available.
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