OVERVIEW

Aspen bridging is an award-winning principal lender, funding UK & foreign clients across England and Wales.

Our focus is on delivering excellent customer service together with the most transparent pricing structure in the market.

We therefore assign every case a dedicated underwriter and offer set rates on all products, for all clients and at all LTVs.

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RATES CARD FULL VERSION
OVERALL OFFERING
Loans types Bridging & light development
Area covered England and Wales
Security types 1st charge
Loan Sizes £150k - £5m net
Loan term 12-18 months
Borrower type Individual & Corporate
Borrower residency UK and Foreign
Interest basis Retained
Our turn around Sub 10 working days
Introducer commission 1-2% (dependent on volume)
FLAT RATE PRODUCT
RATE
All types & LTV's 0.74% - 0.89%
STEPPED RATE PRODUCT
All types & LTV's RATE
Initial Rate 0.44% - 0.54%
Initial Term 6 m
Total Term 12 m
Secondary rate 1.24%
Exit fee 1 month's interest

PRODUCT TYPES

RESIDENTIAL

Our residential product supports purchases, refinances and capital raising on investment properties at up to 75% LTV.

RAPID
DESKTOP

This unique product enables genuinely urgent transactions at up to 65% LTV at initial quote stage and is guaranteed in under 10 (and can be as fast as 2) working days.

LIGHT
DEVELOPMENTS

This specialist product covers conversion schemes, Finish & Exits, structural works and extensions all at up to 75% LTV plus 100% cost of works.

LIGHT
REFURBISHMENT

This product covers lighter refurbishments at up to 75% LTV.

HMO's

Our specialist HMO product supports purchases, refinancing and capital raising on licensed HMO's at up to 70% LTV.

COMMERCIAL &
SEMI-COMMERCIAL

Our commercial offering covers prime commercial and semi-commercial properties within the new class E and B8 categories at up to 70% LTV.

LATEST NEWS

ASPEN SOLVES TWO PROPERTY
PROBLEMS IN ONE £2.3M BRIDGE

A rapid £2,327,250, 73% loan-to-value bridging loan from Aspen has saved a customer's £125k auction purchase deposit and provided additional funding on a part-finished development.

Completed in just 15 days at 0.49% for six months on the lender's stepped rate product, the deal brings together both a rapid auction purchase and finish-and-exit elements under one roof.

The auction purchase, a six-bedroom semi-detached in Wandsworth, was bought at the end of August with the monies required within a 15 day period.

The part-finished development project, a five-bedroom terraced property in the same area, was purchased in 2019 and still has £140k works outstanding. The deal also includes 100% works funding.

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