- Rates start 0.5%
This is true for Day 1 Bridging. Mayfair accepts the product is very limited as isn’t that many lenders out there at the moment who will take out a bridge on day 1.
However it can be used when flipping properties to cash buyers. Usual criteria is 0.5% for Day 1 Bridging. 1% per month for 40% or less LTV and 1.55% for >40% <70% LTV.
- Ipad2 giveaway
The Ipad2 giveaway is for all cases submitted by 22nd November but can complete within 2 months of submission.
And with all eshots it is for use with intermediaries only not to be used with clients
Yasin Patel, director of Mayfair Bridging, said:
"We hope this clarifies any issues and queries anyone may have had as Mayfair would like to stay and be known as “the Clear approach to Bridging Finance”.
