HIGH NET WORTH BRIDGING SOLUTIONS
We’re pleased to share the details of our award-winning bridging range, designed for your high net worth clients who are completing a house purchase or remortgage.
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
Up to 70% LTV and five year term for HNW clients
Application fee £95 and rates from 0.53% per month*
Lending up to £5m available
AVM use extended, for faster valuations and decisions
Easy access to Specialist BDM and underwriter
Same-day ESIS for simple cases and next-day ESIS for those with more complex needs
*Please note rates are approximate, interest is charged daily.
Products
We offer bespoke bridging solutions up to £5m, in addition to ranges ideal for simple and complex cases. For details of our standard bridging range, please visit our bridging solutions page.
Get in touch with our dedicated bridging finance team on 01858 412345 (option 2) for more information or to chat about our bespoke products.
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 Core Bridge product is suitable for loans between £200k and £1m and in the following instances:
- Regulated loans only
- 12 month term
- Repayment strategy of sale and/or refinance of the property/properties
charged to MHBS - Standard and non-complex properties not requiring any works accepted
UK - Nationals/Residents only
For development, refurbishment or commercial, please see our tier two and tier three criteria.
Our tier one products are suitable for loans between £200k and £5m and in the following instances:
- Sale and refinance (offer already in place) accepted
- Cosmetic property improvements only (i.e. kitchen/bathroom replacement)
- Max two securities
- Grade II listed buildings accepted
(other property complexities not accepted in Tier 1)
For development, refurbishment or commercial, please see our tier two and tier three criteria.
Our tier two bridging range is suitable for loans from £200k up to £5m, that meet the following criteria:
- Tier 1 +
- Complex exit (e.g sale of shares/overseas assets)
- Light refurbishment
- Limited commercial use
- Two+ securities
- Complex properties (i.e. Grade II Star and Grade I listed buildings, large acreage)
We also offer bespoke bridging solutions, for loans up to £5m and for circumstances that are more complex, like those shown below.
- Tier 2 +
- Development and heavy refurbishment
- Funds for business use
- Terms over 12 months
- Re-bridges
- Non-regulated loans**
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 the Core Bridge product.
**Available in England and Wales
Here to help
We’re here to help if you have any questions and are happy to chat through individual cases. Contact your Specialist Business Development Manager or email brokers@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:
