Residential Bridging
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Key Product Criteria
Residential bridging is a loan where the security property type is residential - an investment property that is used as a dwelling. Residential Bridging can be used to purchase or refinance a buy-to-let property (with a single or family tenant) or an HMO (with multiple tenants).
Purpose
Residential property purchase or refinance
Maximum loan size
£3,500,000
Loan term
3 to 18 months
MAX LTV
70%
Arrangement fee
2%
Interest method
Retained or Serviced
Monthly rates from
0.78%
Charge
First or Second
Early repayment charge
Three months’ interest
Other Criteria
Residential, HMOs in habitable condition
