Barclays Bridging Loan

Barclays Bridging Loan

Compare Barclays Bridging Rates With The UK Market

Bridging Loan Calculator

Quotes from 0.55% pm

  • Borrow from £50,000 to £5m
  • Terms from 1 to 18 months
  • Fast finance
Bridging Loan Calculator »
Min & Max Loan
£50,000 to £5 million
Max LTV
Up to 80%
Loan Term
1 month to 2 Years
Interest Rates From
0.55% pm

Bridging finance for downsizing/upsizing residential property; Light & heavy refurbishment finance for residential and buy to let property; Finance for unmortgageable properties

If you are looking to finance or refinance a residential or commercial property we can help. We are independent and work with over 60 UK lenders many of whom are specialist lenders not available on the high street. We pride ourselves on providing excellent service responsive to your needs.
Min & Max Loan
£100,000 to £50 million
Max LTV
Up to 80%
Loan Term
1 month to 2 Years
Interest Rates From
0.55% pm

Bridging finance for downsizing/upsizing residential property; Light & heavy refurbishment finance for residential and buy to let property; Finance for unmortgageable properties

Clifton Private Finance are an award winning specialist finance broker working with a wide range of market leading lenders who provide residential and commercial short term finance for property transactions.

Compare Barclays Bridging Loan Rates With The UK Market

  • Up to 80% LTV available on 1st charge; 75% on a 2nd charge
  • Bridging Loans from £50,000 to £15 million (higher amounts are possible)
  • Fast Completion – Call 0117 313 7499 if you need to move quickly!

Why a Bridging Loan?

Bridging loans are very useful for short term finance and usually can be arranged very quickly. Bridging loan finance is suitable for acquiring property at auctions, funding the period between buying a new house and selling your old house, buying property for renovation and quick re-sale or other short term cash flow requirements.

Bridging Loan Information

  • Typically you will have equity in your property such that total borrowings do not exceed 75-80% LTV (loan to value). You can get a higher LTV than this but you will need to offer additional security.
  • Interest will be in most cases rolled up – you pay the interest back at the end of the loan term.
  • Typically there will be a completion fee for setting up the loan of 2% of the loan as well as valuation and legal fees.
  • The bridging loan term can range from 1 month to 12 months.
  • The loan can be first or second charge on your property.
  • at the end of the term loan can be converted into a residential or commercial mortgage.
  • Bridging loans can be arranged for private individuals or companies.
  • Loans available in England, Wales, Scotland and Northern Ireland (non regulated only)

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE