How to exercise the borrowed funds to help you Value (LTV)
To store brand new numbers easy, securing an excellent ?100,000 disgusting bridging mortgage facing a house value ?2 hundred,000 could well be 50% LTV, if in case the house doesn’t have one borrowing from the bank safeguarded against it currently.
Limitation bridging finance calculator – find out how much you could potentially raise
Playing with our very own simple restriction connecting loan calculator, you can view instantly exactly how much you might improve, according to research by the worth of the possessions youre selling additionally the possessions youre buying.
- The price of your own brand new property you are to shop for
- The value of your existing domestic
- Any an excellent financial equilibrium
When exercise simply how much you should obtain you prefer to adopt the price of one’s the new possessions, the stamp obligation owed, courtroom costs, and you will one loans you need to have moving and you can renovations.