Mortgage Insurance Calculators About How it Works
   Back | How it Works
Securing an excellent mortgage offer with Revolution Finance Brokers couldn't be easier
1Get in Touch
Complete a quick form to give us an overview of your mortgage or financing requirements, and we'll provide recommendations about the best opportunities for you.
2Submit Your Application
Once you've chosen your preferred mortgage deal, we'll steer you through the paperwork with comprehensive application management from start to finish.
3Mortgage Completion
Revolution Finance Brokers will finalise the details and enable you to move forward without delay!
   Back | About
   Back | Insurance
   Back | Calculators
   Back | Choose your mortgage type
Choose your mortgage type

What is the Maximum Bridging Loan Available?

Looking for a high-value bridge loan, but unsure what the maximum loan value might be? Let's explain bridge loan maximums and why they may not apply!

Almas Uddin
Almas Uddin

Founder and Mortgage Advisor

Almas Uddin2023-05-09
twitter  linkedin  

What is the Maximum Bridging Loan Available?

Bridging loan finance is popular for developers who need fast funding, with flexible terms. The Revolution Brokers team often receives inquiries about the maximum loan value, which depends on multiple factors!

In this guide, we'll summarise the core criteria for securing a larger bridging loan available. To get an application started, contact the team on 0330 304 3040, or drop us a message to [email protected].

What are Typical Bridge Loan Values?

Different lenders will all have policies about what they consider a large loan - there isn't any fixed cap on bridging finance, which can run into many millions.

The key is around the exit strategy - if you have a viable way to pay back the original loan, you can borrow up to any amount required.

Your exit plan needs to cover the loan's full value, plus the interest accrued, and typical options are to remortgage the property once development work is complete, or sell it on and use some of the proceeds to repay the bridge loan.

  • Property Details
  • Type of loan
  • help Maximum 75% LTV
  • help Maximum 70% LTV
  • help Maximum 70% LTV
  • help Maximum 65% LTV
  • help We will lend against current market value of the asset with vacant possession

  • £7,500,000
    help You cannot exceed the maximum loan available based on the maximum LTV for the corresponding type of property selected above
  • 75%
    help You cannot exceed the maximum LTV available for the corresponding type of property selected above

  • 0
  • help Term should be entered in whole months, to a maximum of 12

  • help Deducted interest is where the forecast interest amount is deducted from the loan on day one.
  • help Serviced interest is where the interest is paid on a monthly basis. If serviced interest is chosen, evidence will be required to show your ability to pay interest when it is due.
  • help This is the standard rate for the property type chosen
  • help You can enter a custom rate below our standard rate for the calculation, but the availability of this rate is not guaranteed
Instant Results
Total security value 0
Gross loan amount 0
Gross LTV 0
Interest rate 0
Term (months) 0
Minimum term (months) 0
Assumed arrangement fee @ 2% (min £2,000) 0
Interest Retained 0
Monthly Serviced Interest 0
Admin fee 0
Indicative day 1 Net loan advance 0
Discover What Our Customers Have to Say!
Why Revolution Brokers?

Whole of market brokers Whole of market brokers

Mortgage that suits you Mortgage that suits you

On time customer support On time customer support

Is It Hard to Get a Large Bridging Loan?

As we've seen, the risk depends on the exit strategy's stability, so if this is solid, then it isn't any harder to get a substantial size loan.

Lenders will risk assess every application, and if there is a low risk, the process is straightforward.

It might be harder to get a small bridging loan than a larger one! Most lenders have a minimum, starting at as low as £10,000 but more commonly up to around £50,000.

Does a Large Bridge Loan Need a Bigger Deposit?

Again, it's all about risk! Generally, bridge loans require a deposit of around 30% or 35% - but if the risk factor is higher, you might need a deposit of up to 50%.

Should there be any risks, such as investing in a non-standard development property, you're likely to need a deposit at the higher end of the spectrum.

Who Offers the Lowest Rates on Large Bridge Loans?

The best way to find competitive rates on bridging finance is to consult a whole-of-market broker.

New products and lenders come onto the market all the time, and it's essential to understand the lender's criteria before deciding who to apply to.

If you meet the below criteria, you are in a strong position to negotiate low-interest rates:

  • Viable exit strategy. This is a critical part of the assessment, and some lenders will have policies about what exit plans they can accept. You will need evidence of the stability of your exit strategy, such as a remortgage agreement in principle, or a projected valuation of your development.
  • Good credit history. If you have bad credit, then a lender will perceive your application as higher risk and offer steeper interest rates.
  • Development experience. For complex projects, lenders may require a minimum number of years knowledge to feel confident that you will complete the development successfully.
  • Security. Bridge loans are often secured against the property you are developing - but you can use other properties or assets as security. If that security is of a high value, comfortably covers the loan's worth, and would be easy to sell in a repossession scenario, the risk factor is lower.
  • Healthy deposit. As with any secured loan, the higher the deposit, the lower the LTV and the lower the risk factor. If you have a deposit of 40% or more, you will get the lowest rates on the market.

How Do Bridge Loan Lenders Calculate the Interest?

There are three different options:

  • Monthly interest, payable each month.
  • Rolled up interest, with no monthly repayments and the interest added to the total debt repayable at the end of the term.
  • Deferred interest, where you borrow the lender's interest and agree on the full balance payable in advance.

Are There Large Bridge Loans for Buy to Let Investments?

There are indeed - bridging loans are commonly used in property investments for the rental market.

One of the best options can be to organise a bridge to let, whereby you have an agreement with the same lender to remortgage once the development work is complete.

Most buy to let bridge loans are available at a maximum of 75% Loan to Value, and the usual criteria apply for both the bridging finance and the buy to let mortgage.

Can I Get a Large Bridge Loan for a Limited Company?

Yes, bridge loans are available to businesses at similar rates as for individual applicants.

Some lenders will require a personal guarantee from the directors, and lenders are usually happiest to lend to Special Purpose Vehicle limited companies.

Are There Regional Restrictions on Large Bridging Loans?

Not really - a whole-of-market broker can find you a deal pretty much anywhere in the UK! Some lenders will have minimum bridge loans available, so if you’re looking to borrow for a smaller value, it is vital to check which lenders offer smaller bridge loans.

There are fewer bridging lenders in Scotland and Northern Ireland, but it's always possible to find a regional provider through an experienced broker.

Expert Advice with Large UK Bridge Loans

If you need a substantial bridging loan and need to find the most competitive rates available, contact mortgage brokers on 0330 304 3040 or email us at [email protected].

Our teams have years of experience negotiating high value, short-term bridge finance and offer a fully independent, whole-of-market service.

Almas Uddin
Almas Uddin

Founder and Mortgage Advisor

twitter  linkedin  

Further Reading

Explore Explore Our Presence Our Presence

Explore Explore Our Presence Our Presence

Securing an excellent mortgage offer with Revolution Finance
Brokers couldn't be easier:

Revolution Mortgage Brokers:100% 100%
Independent & Whole-of-Market

As specialist mortgage brokers for a huge variety of applicants, the whole-of-market consultants at Revolution provide access to an exceptional range of lenders, products and mortgage deals. That means you get the advantage of professional negotiation and broker-exclusives through an established lending network to ensure we always find you the most competitive mortgage available.

Refer, Relax

andget £50get £50
We are proud
members of the:
Refer, Relax

FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature.

We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

Ask the Expert
Mortgage Brokers

Revolution Brokers
What can we help you with today?
Do you have a particular timescale in mind?
Which situation from the below list best matches your requirements? *
Could you tell us the market value of the property?*
Please let us know a rough idea of your yearly income (before tax) for all applicants? *
Primary applicant name *
Contact email address *
Best contact number *