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CBILS for developers

Will we see a credible CBILS programme for bridging and development funding? Many lenders are assessing the viability of interruption loans within these debt products. 12 months interest free loans for developers may compensate lowered profit on costs if there is a reduction in GDV values. hashtag#bridginghashtag#debthashtag#loanshashtag#lendershashtag#interestrateshashtag#bridgingfinancehashtag#propertyfinancehashtag#propertyinvestorshashtag#buytolethashtag#propertydeveloperhashtag#propertysourcinghashtag#propertydevelopershashtag#ukproperty

 
 
 

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Bridging Finance
Buy to Let / Commercial
Development Finance

Bridging Finance Calculator

Short-term lending 1–24 months. Rates from 0.79%/month.

£
£
0.79%1.5%
1m24m

Results

LTV
71.4%
Monthly Interest
£3,950
Total Interest
£23,700
Total Repayable
£523,700
Arrangement Fee (est. 2%)
£10,000
Indicative only. Subject to valuation and legal services.

Buy to Let & Commercial Mortgage

BTL from 2.2% | HMO from 2.9% | Commercial from 3.55%+BBR

£
50%85%
2.2%8%
530

Results

Loan Amount
£300,000
Monthly Payment
£875
Annual Payment
£10,500
Rental Needed (125% ICR)
£13,125
Yield Required
3.3%
Indicative only. Subject to credit and underwriting.

Development Finance Calculator

Up to 90% of costs / 75% LTGDV. Rates from 7.95% p/a.

£
£
£
50%75%
7.95%14%
6m36m

Results

Max Facility
£1,300,000
Total Costs
£1,200,000
% of Costs Funded
100%
Est. Interest (rolled-up)
£175,500
Indicative Profit
£624,500
Profit on Cost
52%
Indicative only. Subject to planning, QS and lender underwriting.
Ready to proceed?Speak to a River Commercial specialist for the best terms.
Call 020 7493 4631