Product Features : AURA

PRODUCT FEATURES

While the features of any loan will depend on the circumstances of each client, the table below can be used as a guide. We consider lending across a wide range of client circumstances – so it is worth getting in touch no matter how complex a particular case might seem.

What we lend on

Residential property
Semi-commercial property
First and second charge security
Investment property
Limited companies
Multiple occupation (such as HMOs)
Offshore special purpose vehicles (SPV)

Product Features

Up to 75% loan-to-value
Borrow up to £3.5 million
Interest rates from 9%
Market-leading commission
Two week completion average

	Unregulated Residential Bridging
	1st Charge	2nd Charge
LTV*	-	-
<50%	0.90%	1.00%
<65%	1.00%	1.10%
<70%	1.05%	1.20%
<75%	1.15%	N/A
Minimum Term	1 month	1 month
Maximum Term	18 months	18 months
Minimum Loan Size	£30,000	£30,000
Maximum Loan Size	N/A***	N/A***
Rental Coverage	-	-
ERC	N/A	N/A

	Regulated Residential Bridging
	1st Charge
LTV*
<50%	0.95%
<65%	1.10%
<70%	1.15%
<75%	N/A
Minimum Term	1 month
Maximum Term	12 months
Minimum Loan Size	£30,000
Maximum Loan Size	£3,000,000
Rental Coverage	-
ERC	No

	Bridge To Let

LTV*	-
<50%	Fixed 2 / 3 Year Term**
<65%	Fixed 2 / 3 Year Term**
<70%	N/A
<75%	N/A
Minimum Term
Maximum Term
Minimum Loan Size	£30,000
Maximum Loan Size	N/A***
Rental Coverage	125%
ERC	6% / 5% / 4%

^* Interest rates stated per month
^** 2% Interest per annum is charged and is payable upon redemption of the loan.This interest is treated as deferred and charged in addition to the stated per annum rate.

6.49% pa above LIBOR, with additional 2% deferred
^*** Large loans over £2m to be considered on an individual basis

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Product Features

PRODUCT FEATURES

What we lend on

Product Features

Current Rates

Unregulated Residential Bridging

Regulated Residential Bridging

Bridge To Let

Want to know more...

Apply Online

Call Us Now 0333 123 4556

Request a visit

Request a callback

Sign up for our bridging loans index

Call Us Now
0333 123 4556

Request
a visit

Sign up for
our bridging
loans index