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Bridging loan rates
The information on this page relates only to unregulated loans and mortgages, i.e., mortgage contracts not regulated by the Financial Services Authority. If you are offering a first charge over a residential or semi commercial property of which you or any member of your family will be occupying more than 40%, please click on the regulated bridging loans heading above.
Commercial Acceptances operates to the highest standards of professionalism and business ethics and we are acknowledged as offering one of the most efficient, competitive and fastest, bridging loan services in the UK.
Bridging Loan Rates:
Interest @ 2.5-3.0% p.a. above 3M LIBOR plus a facility fee of 0.75-1% per 30 days
£200 Admin Fee payable on completion of the bridging loan
Bridging Loan Amounts
- We lend from £26,000 - £3.5 million secured against residential or commercial property
Flexible bridging loans
- Commercial Acceptances offers flexible bridging loans with no minimum periods.
- Our bridging loans are usually made available for periods of 3-12 month but longer in certain circumstances.
- There are no arrangement fees or redemption fees for our bridging loans and we do not charge penalties for early repayment.
- We lend against valuation, not purchase price. Our bridging loans rates are usually calculated at 70% of mortgage valuation, but in some cases we will lend up to 80% of value, regardless of purchase price.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
