Bridging Finance Regulated

Key Features

• Non Status
• Individuals
• 1st charge and Associated 2nd charge on additional property
• Minimum £25,001- Maximum £750,000
• Interest Rates from 13% above Lloyd TSB Base Rate (22.6% APR) - actual rate will depend on circumstances, KFI will quote the proposed rate and the APR. Interest Only
• Term – 1 year
• LTV up to 75% of 180 day market value
• Minimum loan period – 3 months.
• No early repayment charges.
• Arrangement Fee 1.5%
• Legal fees 0.5% - Minimum £500 - Maximum £2,500
• Advance legal fee - £395 (inc VAT) for 1 property and £550 (inc VAT) for multiple properties - collected at offer stage.
• Addition of fees to loan up to 75% of 180 day market value

• 1% commission paid on drawdown
• No up front fees
• We offer you a quick “in principle” decision
• We offer fast and flexible “underwriting”
• We endeavour to instruct any existing valuer where appropriate
• Wide range of property security throughout England, Scotland and Wales