Bridging solutions
We’re pleased to share our latest bridging range, for clients needing a short term loan with an interest roll-up facility. We offer products for straightforward or more complex cases, as well as bespoke solutions.
We have a dedicated team of bridging experts on hand to assist you, find out more here or get in touch on 01858 412345 (option 2).
Latest news
Application fee now £95 and rates from 0.63% per month*
Dual representation now available up to £1m
AVM use extended, for faster valuations and decisions
Five year terms and up to 70% LTV available for your High Net Worth clients
Easy access to Specialist BDM and underwriter
Same-day ESIS for simple cases
Products
We offer bespoke bridging solutions up to £2m, in addition to the ranges shown below that are ideal for simple and complex cases between £200k and £1.2m. We also provide bridging solutions for your high net worth clients.
Get in touch on 01858 412345 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 – £1.2m (Contact us for a bespoke price on loans up to £2m) | 0.63% | 0.67% | 2% of the loan size | £95 |
| Rates up to 60% LTV | £200k – £1.2m (Contact us for a bespoke price on loans up to £2m) | 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 – £1.2m (Contact us for a bespoke price on loans up to £2m) | 0.70% | 0.74% | 2% of the loan size | £95 |
| Rates up to 60% LTV | £200k – £1.2m (Contact us for a bespoke price on loans up to £2m) | 0.76% | 0.80% | 2% of the loan size | £95 |
*Interest is charged daily
Please note, fixed rates are restricted to a 12 month term, see our product guide for more information.
Loan purpose
Downsizing
Buying before selling
Re-bridge
Refurbishment
Development purposes
Raising funds for business purposes
If you’d like more information, or to chat through a case please call 01858 412345 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, maximum 85 for regulated bridging. No maximum for unregulated cases
- Up to four applicants
- Terms up to 12 months available or 60 months for your HNW clients
Our tier one products are suitable for loans between £200k and £1.2m 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 complex and bespoke criteria.
Our tier two bridging range is suitable for loans from £200k up to £1.2m, 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 £2m 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 or who wish to borrow between 61-70% LTV
Our bespoke bridging can also offer greater flexibility, talk to us about the ability to flex rate and fees.
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.
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:
