Your home may be repossessed if you do not keep up repayments on your mortgage.
*Subject to application, status and lending criteria. You may be offered a higher rate.
For example: A mortgage of £177,000 payable over 12 months, on a fixed rate of 1% would require 11 instalments of £0.00 followed by 1 instalment of £203,503.43 plus a redemption administration fee of £100.
The total amount payable would be £203,503.43 made up of the loan amount (£177,000) plus fees (arrangement fees (£3,400), broker fees (£1046) and a redemption administration fee (£100) plus interest (£21,817.43).
The overall cost for comparison is 15.0% APRC representative.
The actual rate available will depend upon your circumstances. Ask us for a personalised illustration.
*The maximum loan, rate and loan-to-value ratio offered may vary based on your individual circumstances.
What’s the process?
Looking for more information?
We’ve got decades of experience in getting bridging cases over the line quickly – and much faster than a typical fixed-term loan or mortgage. This means a bridging loan could get you the cash you need while waiting for longer-term borrowing to be arranged.
We can lend up to 70% of your property’s value. However, please note that the maximum loan-to-value ratio we can offer might be adjusted depending on the nature of the property.
Whether you’re a sole trader, freelancer or side-hustler, we can accept self-employed applicants with just 12 months trading history, and you’ll get the same rates as someone with a regular income.
We’ll look at your last three months’ earnings, so even if you took advantage of the Self-Employed Income Support Scheme in 2020, you’ll still be treated as normal.
The rate you're offered may be influenced by several factors, including:
What you're using the bridging loan for.
The type and value of the property you're using to secure the loan.
How much you need to borrow (both in total, and as a percentage of your property's value).
Whether you have any other loans secured against the property, that won't be repaid by this loan.
Your credit history (but not your credit score).
If you’ve got less-than-perfect credit, such as a small blip that’s caused a big impact on your credit score – we’ll use our common sense when reviewing your application, and look at your credit history instead.
We can also ignore adverse credit that’s over 12 months old when it comes to deciding your interest rate.
Do you want to understand the potential cost of your mortgage or loan?
We can give you an idea of the monthly costs with just a few details like the property value, your deposit amount and how long you need the loan to last.
Find out here
When it comes to getting a bridging loan, it’s all about speed, service and simplicity.
At Together, our dedicated team will make sure you get access to the funds you need quickly and easily – in as little as 24 hours.
But, don’t just take our word for it! Our bridging products have been recognised by customers and industry professionals alike, making us a multi-award winning bridging finance provider you can rely on.
