Find out how much it could cost to take a bridge loan using this simple calculator
This is not a quotation under the Consumer Credit Act. The amount you’ll pay is based on a number of factors including the interest and fees your bridge lender will charge, and a valid property valuation. Although an accurate indication, the result should be used as a guide and not be considered as financial advice. You need to engage with a broker or lender directly to get an exact quote.
Use the calculator and then speak to an advisor
Although mortgage brokers are regulated by the Financial Conduct Authority (FCA) and are required to pass specific qualifications before they can give you advice, Financial Conduct Authority does not regulate most Buy-to-Let and commercial mortgages.
A broker’s role is to reduce the hassle of getting a mortgage and efficiently find you a solution. The good ones can understand your needs and individual circumstance and be able to present your case efficiently to the right lenders to get you results. They generally have access to more products as are not tied to one lender and in some cases, they have access to broker exclusive products and rates that aren’t available to the public.
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