While bridging loans do not typically have a set upper limit on the amount you can borrow, you will still need to prove that the amount of loan you would like to borrow is feasible. In most cases, bridging loans will be limited by an LTV – loan-to-value. The LTV is typically no more than 75% of the value of the property. A lender will also consider how long you would like the loan repayment window to be. Anything between 24 hours and 24 months is typical. You should remember, if you agree upon a specified amount of time to repay the loan, this cannot be changed at a later date.
