Just how to work-out the borrowed funds to Worthy of (LTV)
To store the data easy, securing a ?100,000 gross bridging mortgage facing a home well worth ?2 hundred,000 might possibly be 50% LTV, and if the home has no one credit safeguarded against they already.
Restriction bridging online calculator - see how far you might increase

Using our very own easy maximum connecting finance calculator, you can find immediately how much cash you could potentially improve, in line with the property value the assets youre attempting to sell therefore the assets youre to order.
- The cost of the latest property youre to acquire
- The value of your existing household
- People the home loan harmony
When workouts simply how much you will want to use you need to consider the purchase price of your the possessions, the brand new stamp obligations owed, courtroom fees, and you will any finance you need having swinging and you can renovations.
You'll also need to look at the property value your current possessions, and how you feel it will realistically sell for. You may then must subtract people mortgage from this profile along with property representative and you may solicitor charge.
This will reveal how much money you will have left regarding the proceeds regarding attempting to sell your existing possessions. It, including any potential re also-mortgage facility, or other plans you may have, that will must be adequate to pay off the newest bridging financing.
Please remember stamp responsibility otherwise SDLT (Stamp Obligations Land-tax).