Step One Bridging loan products offer a short-term lending solution to customers where speed and reliability are essential.
Our Non-Regulated Bridging loans offer a number of options for customers with clean or adverse credit who require finance for a wide variety of needs.
Our experienced underwriters are on hand to consider individual enquiries with a fast response.
Our lending principles of transparency, integrity, fairness and simplicity ensure that we offer your customer a unique assessment of their application and provide a solution to their requirements.
Typical Uses
- Purchase
- Short term funding
- Property refurbishment
- Auction Purchase
- Business use
Key Features
- No early repayment charges
- Title Insurance available for speed
- Solicitors, sole representation
- AVM’s available up to 60% LTV
- 1st and 2nd charge secured lending
- Adverse criteria available depending on credit
- Valuation re-types considered
- Payments deferred for first 12 months
Our lending criteria
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- Rates from 0.75% monthly
- LTV Max 80% 1.
- Residential, semi commercial, second charge and buy-to-let
- First charge – £50,000 to £500,000. Over £500,000 on referral basis
- Second charge – £25,000 to £250,000. Over £250,000 on a referral basis
- Term up to 36 months
- Available for UK residents and companies
1. Includes any prior ranking mortgage debt and any interest, fees & costs added to the loan