Bridging loan rates at a market leading price

Key reasons to use Masthaven Bridging Finance

  • FCA Regulated lender.
  • One low rate of 1.25% per month for all residential(1) first charge lending in England & Wales 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.
  • Low valuation and legal fees.
  • Daily interest.
  • Most security considered, including residential(1) and commercial.
  • 100% LTV available on main security if additional security is provided.
  • Now lending in Scotland (on a first charge residential basis only)

The terms set out the below apply to the majority of our loans, we reserve the right to alter these in extenuating circumstances.

First charge bridging loan rates

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 (England & Wales) 1.25%
Monthly Interest Rate - Residential (Scotland) 1.45%
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 loan rates

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 to include the redemption figure of the 1st charge loan.