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lending criteria
Our lending criteria…

At Mayfair Bridging our underwriters have specialist bridging experience and are flexible. The Loan to Value ratios (LTV) are based on a property’s vacant open market value and do not take into consideration any goodwill or fixtures and fittings.

Investment residential property   Up to 70% LTV
Owner occupied / regulated   Up to 65% LTV
Refurbishment     Up to 60% LTV
Semi or fully commercial property   Up to 50% LTV
Valuations

Mayfair Bridging lends on the valuation of the property not the purchase price. If a valuation has already been conducted on a property then this is acceptable provided that the valuer is on our panel and a re-type can be obtained. Where the property is worth more than £1.25m an audit valuation will also be required and the lowest valuation will be used as the maximum LTV.

 
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Mayfair Bridging Ltd is authorised and regulated by the Financial Services Authority for regulated mortgage contracts only.