100% Bridging Loan
CRYSTAL BRIDGING LOANS
Try us today to see how Crystal Bridging Loans can help with your 100% bridging loan needs. We aim to beat any like-for-like non-regulated bridging finance quote. Get in touch for a quote today!
Why Choose Us?
How to Get a 100% Bridging loan
- What is a 100% bridging loan?
Bridging loans usually have a maximum LTV (loan-to-value) of 75%. LTV 100% bridging loans are therefore uncommon as they are a greater risk to lenders. However, some lenders offer 100% bridging loans under specific circumstances. There are 2 key ways to get a 100% bridging loan – by using another asset to provide extra security, or buying undervalue.
- Using Additional Security to obtain a 100% bridging loan
Offering the lender additional security is the best way to get a 100% bridging loan. You can use the equity you have in other assets to safeguard a loan by lowering the risk for lenders. Extra security will most likely be properties you already own, but other assets may also be considered. For example, if you want to buy a property for £50,000 to renovate and sell but have no cash for a deposit, you could use your own home or a buy-to-let property as extra security for the loan.
- Buying Undervalue
Another way to get a 100% bridging loan is to buy a property below market value by taking out a bridging loan based on the open market value of the property rather than the purchase price.
For example, if you want to purchase a portfolio of properties worth £1 million on the open market, you could use a 100% bridging loan to buy the properties at a discounted price of £700,000.
100% Bridging Loans - Highlights
- LTV up to 100%
- Interest roll-up available
- Terms from 1 – 36 months
- All circumstances considered
- Residential or commercial
- No exit fee
- First, second, or third charge
- Re-bridging available
Benefits of Bridging Loans
- Bridging loans are quick to arrange, so you receive the money you need, fast.
- Can be used for any legal purpose, from buying auction property to raising capital.
- Bridging loans offer competitive rates and low borrowing costs.
- Bridging loans have flexible criteria, with each application judged on its own merits.
- All properties are considered as security, whatever their type and condition.
How can we help?
CONTACT US TODAY TO GET ADVICE OR FOR A FREE QUOTE FROM OUR EXPERT BRIDGING ADVISORS.
Most frequent questions and answers
Bridging loans usually have a max LTV of 75%. LTV 100% bridging loans are uncommon as they are a greater risk to lenders. However, some lenders offer 100% bridging loans under specific circumstances. There are 2 key ways to get a 100% bridging loan – by using another asset to provide extra security, or buying undervalue.
The deposit required for a 100% bridging loan depends on how much money you need to borrow. You can use a bridging loan calculator to give you a clear idea of how much you may need.
100% bridging loans start from a modest £10,000. Fortunately, there is no maximum limit to a bridging loan- so as long as you can handle the repayments, you can borrow whatever amount you may need to secure a new home.
Loans By Purpose
100% Bridging Loan
100% bridging loans that cover the full value of the property you wish to purchase.
Also known as a bridge-to-let mortgage, fast and flexible bridging loans for buy-to-let property.
Bridging loans that help buy a new property before selling your existing home to bridge the gap between purchases.
Refurbishment bridging loans for investors, developers, and landlords that cover the cost of property renovations.
Building A Property
Finance your next property development or building project with our short-term bridging loans.
Raise essential working capital for your business at short notice with our short-term, flexible bridging loans.
Bridging loans with quick completion times so you can complete auction property purchases faster.
Bridging loans to purchase or refinance residential or commercial land quickly and efficiently.