Standard Bridging Finance     100% Ltv residential property   85% Ltv commercial property   Min loan amount £50,000 – no upper limit   All areas considered   2% arrangement fee   No exit fees   Decision within 24hrs

Development Funding     75% Ltv of GDV   Rates start from 1.5% per month   Bridge re-mortgage   Flat fee of 1.5%

Bridging Loans

At Postive Finance we can arrange short term finance to raise cash to purchase freeholds and long leaseholds.  We are happy to consider commercial residential, industrial and retail properties. Usually we provide these facilities for short periods of less than 12 months prior to their being refinanced, for example, via a long term mortgage which we can also arrange.

Our bridging loans are subject to the following conditions:

• Non status
• Loan size from £25,001 to £5,000,000
• Competitive rates from 1.25% per month
• Flexible terms from 1 to 12 months
• Offer in principle within 8 working hours
• Longer term funding arranged
• First or second charges accepted
• Loans to individuals, partnerships and companies
• 70% loan to value for residential and commercial property
• 85% loan to value for residential closed bridges
• 100% loan to value available in certain circumstances
• UK based property only accepted as security
• Brokers and intermediaries welcome
• Commission paid 7 days after completion
• No broker/intermediary agreements to complete