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Tag: deferred interest

Bridging Finance with Deferred Interest UK Guide

Understanding Bridging Finance with Deferred Interest Bridging finance is a short-term loan solution designed to bridge the gap between the purchase of a new property and the sale of an existing one. This type of financing is particularly useful for property investors, developers, and individuals who need quick access to funds for various property-related transactions. […]

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The advice we give is not FCA regulated. Broker fees: All applications have a non-refundable booking fee of £599. Buy to let mortgages have a completion fee of up to £1,999 for loans under £500,000 or 1% of the loan amount for loans over £500,000. Bridging and Commercial mortgages have a completion fee of either £3,499 for loans under £350,000 or 1% of the loan for loans over £350,000. Booking fees are payable on submission. Completion fees are payable after the mortgage completes, or if you opt not to proceed with a mortgage offer that you previously accepted.

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