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Representative example for regulated bridging loans
| Based on borrowing | £323,000 over 1 year | The overall cost of comparison | 11.4% APRC representative |
| Interest rate | 8.35% fixed for 1 year (12 instalments of £2,351.93 pm) | Broker fee | £995 |
| Lender fee | £6,100 | Total amount payable | £357,018.16 inc. interest of £26,923.16 |
THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.