Complete with transparent terms and standing out for its exceptional efficiency, these new rates may well become your next go-to bridge finance solution.
The Senior Bridge Residential offering
Here are the key terms for our new Senior Bridge Residential rates at a glance:
Rate: 0.75% per month (9% p.a.)
Commission: 0.5% to house
Exit Fee: None
Commitment Fee: From £500
Completion Time: Two to three weeks
Maximum LTV: Up to 75% gross
Deal Size: £1 million – £5 million
Availability: England, Wales, and Northern Ireland
Although our completion time frame falls between two to three weeks, there are instances when we can move faster, sometimes as quickly as five business days.
Meeting customer demand
When it comes to property purchases, timing is often everything. Delays in securing finance can chip away at profits, and make a project stall, whether you’re acquiring, renovating, or refinancing residential assets.
We designed our new Senior Bridge Residential product as a solution that’s both rapid and reliable, so you can make confident decisions, at the right time.
The Phoenix difference
Working with Phoenix Funding on finding the right finance solution is straightforward, fuss-free, and fast.
No exit penalties mean you can plan for your exit strategy without worrying about additional costs. Plus, with an upfront commitment fee of just £500 and the ability to access up to 75% gross, you don’t need to leave major gaps in your cash flow when purchasing property.
Our team specialises in blending speed with precision to offer a swift turnaround; we typically complete deals within two to three weeks. At Phoenix, we have experience funding deals of all sizes, so whether it’s a £1m opportunity or a £5m project, we can deliver a solution for your needs.
From swift acquisitions and buy-to-lets to large-scale refurbishments, our Senior Bridge Residential product enables you to snatch up opportunities in a fast-moving property market. Backed by competitive rates, rapid execution, and no hidden costs, you have the agility to pursue your next project.
Ready to move fast?
If you’re looking for a funding partner who can meet your needs with one reliable financing package, contact our team today.
Our specialists are on hand to get the ball rolling with a streamlined and transparent process that will help you secure funds quickly, often within just two or three weeks.
Get your project funded with the confidence, and speed, you deserve.