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

(Margin of 0.83% per month) + (Current BoE Base Rate 5.25% / 12 = 0.44%) = 1.27%

*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

Menu