Education 2
You can raise 100% LTV with bridging finance Here’s how it works: This strategy isn’t for everyone though. You’ll need to own other assets Like a residential home or BTL properties And your current mortgage can’t be highly leveraged. Bridging lenders can secure a second charge on these assets… Typically at 65%-70% LTV (GROSS LOAN) […]
Education 1
Two important figures to understand with bridging finance You can’t afford to get this wrong. “GROSS LOAN” & “NET LOAN” 🔵 Gross loan = Money you owe the lender 🔵 Net loan = Money you receive Difference between the 2… Most lenders deduct their fees and interest from the “GROSS LOAN” For example, Purchase price […]
