Bridging loan rates at a market leading price

Key reasons to use Masthaven

  • FSA Regulated lender.
  • One low rate of 1.25% per month for all residential(1) first charge lending irrespective of LTV, property types and status.
  • First charge lending on commercial property at 1.45% per month.
  • LTV based on a combination of open market value and purchase price.
  • No exit fees.
  • Low valuation and legal fees.
  • Daily interest.
  • Most security considered, including residential(1) and commercial.
  • 100% LTV available in many situations.

The terms set out below apply to 95% of our loans, occasionally they are altered but only in unusual circumstances.

First charge bridging loans

1st Charge Lending
Loan Duration 1-9 Months
LTV 70% of OMV or 80% of purchase price, whichever is the lower
Monthly Interest Rate - Residential 1.25%
Monthly Interest Rate - Commercial 1.45%
Arrangement Fee 2%.
Valuation Fee See PDF's document downloads
Legal Fee See PDF's document downloads

Second charge bridging loans

All costs are identical as 1st charge lending apart from the following:

2nd Charge Lending
LTV 60%(1)
Monthly Interest Charge 1.5%

Note (1) This is after the redemption figure of the 1st charge loan.