Residential Bridging Loan

What is a Residential Bridging Loan?

 

Residential bridging is a short term, finance solution, useful for if you need quick access to funds.

 

How can Avamore help?

 

Pease see below a full rate card for Avamore’s residential bridging and get in touch if you’d like to discuss anything further:

Item Number*
Max LTV 70%
Loan term Up to 12 months
Minimum loan size £250,000
Maximum loan size £5,000,000
Minimum monthly interest 0.59%
Maximum monthly interest 0.85%
Arrangement fee 2.0%
Bridge type Non-regulated
Borrower type Limited companies and incorporated partnerships
Location London, Cambridge, Oxford, Home Counties, Bristol & Bath

 

*All rates are subject to situational review

Next steps

 

To discuss next steps, please call us on +44 (0) 203 440 9651 or, email us on enquiries@avamorecapital.com. If you are ready to check whether your property qualifies for an Avamore solution, please email us the following information:

 

  • Description of property (including any future plans to develop)
  • Location
  • Vacant / tenanted
  • Use of loan (for bridge and refurb, please view our bespoke product)

 

When do you use a residential bridge with Avamore?

 

  • To acquire a property
  • To tenant a property
  • To demonstrate rental income of long term commercial finance
  • To add value to property
  • Other situations in which buy-to-let finance is not available
  • To buy a development site with planning consent quickly
  • To refinance a completed development facility and releasing equity for the developer so they can buy a new development site
Take a look at a developers perspective on an Avamore residential bridge.

Avamore’s experience

 

We have issued a number of bridging loans, review our case studies and find out how we have helped clients previously.

View Other Avamore Products

 

Commercial Bridging

 

Straight-forward solutions for commercial bridging

 

Development Finance

 

Quick, efficient and affordable development finance

 

Bespoke Solutions

 

Dynamic solutions for unique circumstances