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Tag: serviced interest

Bridging Finance with Serviced Interest UK Guide

Understanding Bridging Finance with Serviced Interest Bridging finance with serviced interest is a short-term loan designed to provide immediate funding, typically used in real estate transactions. Unlike traditional loans, where interest is often rolled up and paid at the end of the term, serviced interest loans require borrowers to make monthly interest payments throughout the […]

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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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