How is interest applied on a Bridging Loan?

Interest is usually charged daily and applied monthly, paid in the following ways:

  • Retained Interest is when interest is deducted from the gross advance on completion and retained by the lender for the duration of the loan
  • Rolled up Interest is when interest is added principal debt each month and recalculated.
  • Serviced interest is when the borrower pays the interest when due monthly.
  • A combination of above

Contact us to discuss your borrowing requirements

Call us on 020 8988 1102 

Contact Us