Product Information
We lend off Market Value, not Purchase Price
We Offer Loans of £75k – £1m, with up to 90% Max LTV and Funds Released within 7 Days
Market Value Matters
At Apex Bridging we lend off Market Value, not Purchase Price which makes us different to a lot of the market who tend to lend off whichever of the two is lower.
It means that if a developer can buy a property below market value, we can lend them more than they can get elsewhere (allowing them to put less money down for the purchase).
Our borrowers save 1.005% per month with our stepped rate if they complete the refurbishment and are able to exit the loan within the initial term. This benefits the borrower and is better for them than a standard 1.33% p/m flat rate.
We charge no exit fees and charge daily interest on settlement (i.e. If they exit after 6 months and 1 day, we charge them 6 months and 1 day interest, not 7 months interest – which is common amongst smaller and more niche lenders.
Apex Bridging Verified Client Testimonials
Our Rates
The overall blended rate is 1.33% if taken to full term.
No exit fees (minimum 4 months interest payable), and daily interest for settlement.
Available on any term from 6-12 months.
Indicative terms 9 months – 85%
In this example, if the client exited within the initial interest rate period, the settlement
figure would be £10,200 cheaper for not entering the 2% rate. It’s in the borrowers interest to get the work done and exit the loan quickly.
Contact Us to Discuss Your Loan Requirements
Benefits:
- We can lend up to 100% of Purchase Price
- Less money down
- No exit fees
- Daily interest
- Stepped rate – quick exit savings
- We don’t credit score
- Don’t insist on experience
Call Us Today to Discuss Your Loan Requirements
01509 345 007
Contact Details
Address
T/A Apex Bridging Loans
1 The Cornerstone
Market Place
Kegworth
DE74 2EE
Company Number 08548882
