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Octopus are on hand if a client urgently requires finance, or they may have long-term refinancing in place, but need more time before their other lender is ready. They can also provide a loan on a property that your client lives in, plans to live in or cannot sell before completing a new purchase.
Residential Bridging Loans:
· Regulated up to 70% LTV
· Unregulated up to 75% LTV
· Loans up to £1M
· AVM (Automated Valuation Models) available
When can Octopus carry out an AVM?
· Regulated and Unregulated bridging
· Confidence level 5 and above (out of 7)
· Houses, bungalows and flats not within a block
· Open market purchase or refinance
Download Octopus Real Estate's latest product guide
Take a closer look at Octopus' product guide to help find a solution for your residential bridging cases.