Providing short term property finance solutions
Blueberry is a leading player in the short term finance market. We are known for our ability to get deals approved and funded quickly.
Where required, we provide a fully underwritten exit strategy as part of the package.
Bridging loans are ideal for individuals who need to access funds quickly, buying a property at auction or buying property that is not suitable for standard residential or buy to let mortgages.When arranging Bridging Finance, you need to be confident that you have an exit route to allow you to repay the loan; we’ll arrange this for you as part of the application process.
- Regulated Mortgage Contracts maximum 12 month term and advised sales only
- No exit fee
- No early repayment charges (minimum of 1 month’s interest must be paid)
- First and second charge lending (restrictions apply to second charge lending – see criteria guide)
- Interest can be paid monthly or retained for the full term of the loan (Regulated Mortgage Contracts must be retained interest)
- The lower of the LTV/LTP will be used
- A £295 assessment fee applies to all schemes
- Higher LTVs are available with the provision of additional security (first or second charge basis)