Discount Mortgages has a specialist team of experts dedicated to Bridging Finance. As the loans are generally non status and interest is rolled up your credit history is not applicable unless your bankrupt or have a recent CCJ. Even with a CCJ if the exit is a sale of the asset then some lenders will take a view on this.
The rates for bridging finance start at 0.75% for a 1st charge and 1.25% for a second charge. The ltv is normally 75% of the open market value but if you are buying with a 30% discount we can obtain 100% funding. 80% bridging finance is also now available. Bridging loans have a lenders arrangement fee of between 1.5 to 2%.
We have a lot more info on our dedicated Bridging site www.bridgingfinance4u.co.uk.