Master Broker launches ‘White-labelled’ bridge-to let



Specialist short term master broker, Creative Commercial Funding, has gained access to an industry-leading bridge to-let product, giving professional landlords the option to borrow the flexible product.

Creative Commercial Funding, which already boasts an extensive range of borrowing solutions, will work with an unnamed lender, based in the North West, to provide the bridge-to-let facility.

The product will offer borrowers an initial bridging facility for up to 80 per cent of a property’s purchase price with the option to extend it to 100 per cent of any retrospective refurbishment costs.

Unique to Creative Commercial’s offering, however, the bridge-to-let deal offers borrowers an option to refinance their initial short term advance, transferring to a buy-to-let product after three months.

The initial bridging product has the following criteria:

Monthly interest rate: 1.75 per cent

Fees: TBC

Interest available on a rolled-up basis if requested

The BTL scheme’s criteria are:

Loan size: £80,000 to £500,000

LTV: 80 per cent

Interest rate: 4.99 per cent

Fees: TBC

Term: 2 to 40 years

Rental coverage: 125 per cent of mortgage repayments

Early repayment fee: Four per cent for two years


It is also available on an interest-only basis, also at 80 per cent LTV, requires no minimum income and has no restrictions regarding encumbered properties with other lenders.

The product can be extended to cover up to six properties to provide a maximum of £1 million, but cannot be used to finance HMOs or Limited Companies.

All of the above criteria are subject to underwriting criteria.

Aidan Tiernan, Managing Director at Creative Commercial Finance, said:

“For the right client, we believe this will revolutionise the way in which borrowers buy rental properties in need of refurbishment.

“Our built-in refinance offer, which allows the borrower to transfer their bridge to a more conventional buy to let product at three months, is totally unique to the market.”

The Manchester-based firm also offers a wide range of products within development funding, bridging finance, second charge lending, commercial mortgages, asset finance and factoring and has access to a large panel of lenders.

For all enquiries please contact Aidan Tiernan directly on 07813 766773 or 0845 4747016 or email