Bridging loan rates at a market leading price

Key reasons to use Masthaven

  • 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.

1st Charge lending

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) 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

2nd Charge lending

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

2nd Charge Lending
LTV 65%(2)
Monthly Interest Charge 1.5%

Note (1) Masthaven only lends against properties that are not used as the borrower's, or their immediate families, principle residence.

Note (2) This is after the redemption figure of the 1st charge loan.