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Bridging Loan Costs

Bridging Loan Costs.  Bridging Loan costs can vary dramatically from lender to lender.  There will be charges to pay for taking out a bridging loan which are normally included in the overall cost of the bridging loan. There could be fees such as arrangement fees, title fees, solicitors fees, exit fees, acceptance fees and valuation fees.  The bridging lender will probably request a valuation fee from you to cover the costs of the valuation on the property you are looking to use as security.  This again can vary depending on which lender is used.  Some lenders may also look to charge an exit fee for settling the bridging loan.  All these factors should be taken into consideration when looking at the best overall bridging loan package.

 

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