A bridging loan calculator gives you an idea of how much a bridging loan
could cost based on the specific loan you need.
It will give you a free quote and indicative figures for you: interest rates, lender
fees, valuation fees, broker fees and admin fees.
When you apply for a bridging loan with a lender (either through a broker or
directly), the fees and figures may vary - as our calculator tool is just an
estimate based on the basic inputted information and assumes certain factors
as standard.
But its a great tool to give you an idea of how much your project will cost,
whether youre simply buying a new home before selling yours or youre
looking to fund refurbishments or a development project.
What is a bridging loan?
A bridging loan is a type of short term property finance.
Theyre similar to standard mortgages but are designed for the short term -
usually between 12 and 18 months.
Theyre not designed to be long term finance solutions for buying property.
Instead, theyre usually used to bridge a gap between two property
transactions. Whether its buying a property before selling your current home,
or buying a property, carrying out some renovations, and then refinancing with
a standard mortgage, the many uses of bridging loans are endless.
They can provide flexibility and value in the most complex or straightforward
situations. And theyre also very fast compared to standard mortgages.
Our free bridging loan calculator is a useful tool for getting an indicative
quote, but we recommend talking to us about what youre trying to achieve to
get a bespoke quote for your requirements. We provide holistic bridging loan
advice that looks at your entire financial situation for the best solution.
Use our Bridging Loan calculator today to see a rough indication on possible
solutions, you can then send us a FREE enquiry to be matched to a panel of
lenders specialising in this field.
Promotional OFFER - on our 1st - 1000 Enquiries since launching our mobile
app we will be waiving all initial fee of £500 to 0!
Simply Quote ‘Bridging Loan Calculator - Promo’ on your enquiry.