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Bridging Finance has never been such good value!

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Here at Key we are always looking to secure the best deals available in the market place for our clients. The bridging and short term finance market has seen a large influx of new funders coming into it over the last 3 years. Many of these new funders are backed by high net worth individuals or syndicates of investors, who are looking to make much better returns on their money than they can presently from their other investments.

Historically the bridging market has been a very expensive way to borrow and this is still true today as the average rate remains in the region of 1.25% PCM, which equates to 15% per annum. With the increase in competition however, there has become a price war? and an increase in LTV amounts to be able to attract the best deals.

Here at Key we have seen one lender put a rate as low as 0.45% PCM, which when annualised is as low as 5.4% per annum and on par with high street banks long term mortgage rates. Other providers are looking at rates of 0.65% PCM on their prime lending criteria which at 7.8% PCM is still really good value for this type of funding.

If yourself or your clients are considering a bridging loan then now is the time to consider it, however in order to navigate your way through the short term finance market you need a good commercial broker to assist you. Here at Key we have the knowledge and expertise in this market to achieve the best overall deal. If you wish to discuss the above in more detail then please do not hesitate to get in touch today.

Phone: 0345 193 0666
Fax:

Key Commercial Finance Solutions Ltd, The Mews, Little Brunswick Street, Huddersfield, HD1 5JL
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