CMB work with a wide variety of different bridging finance lenders, we have collated the majority of the lenders information below to provide a guide to bridging loan costs. Please note that these rates are a guide to costs, and we recommend that you contact us for a formal quotation to secure indicative terms.
The costs of bridging finance facilities have reduced, with a large number of lenders in the marketplace all seeking to lend against certain types of property.
Bridging loans are available on a wide variety of different types of property including:
- Residential with remediation works to be carried out
- Conversion to residential
- HMO or conversion to HMO
- Land with or without planning consent
The rates for each of the above types of property will vary depending on the lender, typically residential property attracts the best rates of finance, with commercial generally being more expensive.