£1,200
£50
1.5% of the loan
Below £25,000: 2% per month
Above £25,000: 1.75% per month
1% of the loan
TBA relative to each deal
A simple and straight forward fee structure
Administration Fee
Chaps Fee
Entry Fee
Fees Paid Monthly
Exit Fee
Legal Fees
The admin, entry, CHAPS and first monthly fee are all payable on the day of the funds drawdown. Thereafter, fees are due for payment monthly, with the exit fee payable on full repayment of the loan.
A first or second charge security will be taken on the bridged property or an alternative property.