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June 06, 2017

New product: 3-Year Bridge

We’ve launched a new product, 3-Year Bridge. As a funding alternative to a conventional buy-to-let loan, the 3-Year Bridge has been specially designed for experienced borrowers who are looking to raise capital, or looking to acquire a lower yielding property.

Key product features

  • Interest is charged at 6.99% per year; pay rate 4.99% with 2% interest deferred
  • Available on loans between £100,000 and £2 million
  • Available on terms from 1 to 36 months
  • A maximum loan-to-value of 70% on day 1 (rising to 75% as interest on the loan is deferred and rolled up)
  • 110% interest cover minimum

For more details, head to our product page. To discuss the 3-Year Bridge with our team, please get in touch.