Residential Property Bridging
Crown & Bentley Commercial Finance will support bridging opportunities against residential property for:
- Immediate completion pending term finance
- Secured short-term equity release for other residential projects
- Auction purchases
- Refurbishment projects – Light, Medium and Heavy works i.e. HMO conversions, extensions, and loft conversions.
This product is unregulated.
Overview
Max Loan Size
£500,000
Min Loan Size
£100,000
Max loan to value
70% *subject to location
Term
1 – 12 months
Arrangement Fee
2%
Current Monthly Interest Rate *
From 1% per month
*Note: The monthly interest rate above is calculated as a fixed margin over the current BoE Base Rate (current BoE Base Rate is 5.25%). The monthly interest rate will adjust in line with base rate change for all new loan advances. The monthly interest rates are subject to a floor of 1% per month.
Product Features
Interest servicing or retention options available
Flexible solutions – case-by-case underwriting
No exit or early repayment penalties*
No hidden costs or other fees
Flexible approach to personal guarantee
*30-day notice period required on all redemptions
Please contact us directly for loan applications in excess of £500,000