Funding / Real Estate
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New product: Unregulated bridging

18 Feb 2019 By Octopus Real Estate

We’ve launched a new unregulated bridging product to replace all existing unregulated bridging products. It’s available to both new and existing customers. 

The new product covers bridging loans between £100,000 – £500,000 at a maximum 70% loan to value, at a very competitive rate of 0.6% p.m. It is our latest innovative offering as we continue to refine our range of products to make them simpler and more accessible to property professionals throughout London and the regions.  

Key features include:

– Loan size: £100,000-£500,000

– Term length: 12 months

– Interest rate: 0.6% per month

– No exit fees

Download the product guide here.

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