Maximum LTV is dependent on both the loan purpose and loan size
Loan purpose: LTV is based on the Open Market Value and is inclusive of all fees and interest
- Standard bridging: Maximum 75% LTV
- Light refurbishment: Maximum 75% LTV
- Heavy refurbishment: Maximum 70% LTV
Loan size: LTV is based on the lower of purchase price or Open Market Value
- Up to £1million: Maximum 75% LTV
- Over £1million: Maximum 70% LTV
Categories:
Bridging
Loan criteria
