BRIDGING SOLUTIONS
We’re pleased to share our bridging finance range, for clients needing a short term loan with an interest roll-up facility. We offer award-winning products for straightforward or more complex cases, as well as bespoke solutions.
We have a dedicated team of bridging finance experts on hand to assist you, find out more here or get in touch on 01858 412345 (option 2).
Key features
NEW! Limited edition product for cases up to £1m, with rates from 0.58% per month*
Lending up to £5m with an application fee of £95
Up to 70% loan to value (LTV) available
AVM use extended and dual representation available up to £2m
Easy access to Specialist BDM and underwriter
Same-day ESIS for simple cases
*Please note rates are approximate, interest is charged daily.
Products
We offer bespoke bridging solutions up to £5m, in addition to the ranges shown below that are ideal for simple and complex cases. We also provide bridging solutions for your high net worth clients.
Get in touch on 01858 412345 (option 2) for more information or to chat about our bespoke products.
| Product details | Min/max loan size | Approximate monthly variable rate* | Approximate monthly fixed rate* | Product fee | Application fee |
|---|---|---|---|---|---|
| Rates up to 50% LTV | £200k – £1m | 0.58% | 0.62% | 2% of the loan size | £95 |
| Rates up to 60% LTV | £200k – £1m | 0.64% | 0.68% | 2% of the loan size | £95 |
| Rates up to 70% LTV | £200k – £1m | 0.70% | 0.74% | 2% of the loan size | £95 |
| Product details | Min/max loan size | Approximate monthly variable rate* | Approximate monthly fixed rate* | Product fee | Application fee |
|---|---|---|---|---|---|
| Rates up to 50% LTV | £200k – £5m | 0.61% | 0.65% | 2% of the loan size | £95 |
| Rates up to 60% LTV | £200k – £5m | 0.67% | 0.71% | 2% of the loan size | £95 |
| Rates up to 70% LTV | £200k – £5m | 0.73% | 0.77% | 2% of the loan size | £95 |
| Product details | Min/max loan size | Approximate monthly variable rate* | Approximate monthly fixed rate* | Product fee | Application fee |
|---|---|---|---|---|---|
| Rates up to 50% LTV | £200k – £5m | 0.67% | 0.71% | 2% of the loan size | £95 |
| Rates up to 60% LTV | £200k – £5m | 0.73% | 0.77% | 2% of the loan size | £95 |
| Rates up to 70% LTV | £200k – £5m | 0.79% | 0.83% | 2% of the loan size | £95 |
*Please note rates are approximate, interest is charged daily.
Please note, fixed rates are restricted to a 12 month term, see our product guide for more information.
Loan purpose
These are just some of the ways our bridging finance can be used by your clients:
Downsizing
Buying before selling
Re-bridge
Refurbishment
Raising funds for business purposes
If you’d like more information, or to chat through a case please call 01858 412345 (option 2) or email bridging@mhbs.co.uk.
Criteria
Which product is right for my client?
Our standard criteria for all bridging cases is:
- Minimum age 18 with no maximum age
- Up to four applicants
- Terms up to 12 months available or 60 months for your HNW clients*
Our limited edition product is suitable for loans between £200k and £1m and in the following instances:
- Regulated loans only
- 12 month term
- The security is made up of one or two residential properties
- Sale and refinance with offer already in place
- Standard properties only
- There is a clear and simple exit strategy in place, for example:
- Sale of UK asset or security
- Refinancing
For development, refurbishment or commercial, please see our tier two and bespoke criteria.
Our tier one products are suitable for loans between £200k and £5m and in the following instances:
- The security is made up of one or two residential properties
- There is a clear and simple exit strategy in place, for example:
- Sale of asset or security
- Refinancing
- Sale of investments
For development, refurbishment or commercial, please see our tier two and bespoke criteria.
Our tier two bridging range is suitable for loans from £200k up to £5m, that meet the following criteria:
- Other exit strategies including:
- Sale of shares
- Sale of overseas assets
- Or multiple repayment sources
- The security property/properties may include complex factors such as:
- Listed buildings
- Large acreage
- Annexes
- Multi-units
- More than one title to charge
- Flats
- Limited commercial use
- Light refurbishment required
We also offer bespoke bridging solutions, for loans up to £5m and for circumstances that are more complex, like those shown below.
- Unregulated loans where the security is residential in nature
- Where the property is in need of larger-scale refurbishment or development
- A loan for re-bridge purposes
- The funds are required for business use
- For HNW clients needing funds for longer than 12 months
Our bespoke bridging can also offer greater flexibility, talk to us about the ability to flex rate and fees.
*Please note, 60 months for HNW clients is not applicable for limited edition product.
Here to help
We’re here to help if you have any questions and are happy to chat through individual cases. Why not talk to our Bridging Specialist, Will about your case on 01858 412345 or by emailing bridging@mhbs.co.uk.
Don’t take our word for it
We’re delighted that almost all brokers who review us on feefo give us a five-star rating, the highest possible score.
Here are some the things they say about us:
