Check one LTV condition, then prepare for lender review
This UK bridging loan pre-check answers a limited question: does your requested gross opening facility, together with secured debt staying on the property, fit within the combined LTV ceiling you enter? The result is “Within entered LTV limit” or “Above entered LTV limit”. Neither result is a lending decision.
The calculation does not assess affordability, credit history, property eligibility, legal security, the exit strategy or whether you can obtain a particular lender’s product. A request within one quoted limit can still fail other requirements. The percentage ceiling is your quote assumption, not a national eligibility rule.
Gross facility, existing debt and cash are different
Gross means the full opening bridge facility. Include financed arrangement or origination fees and any retained interest or interest reserve if they form part of that opening facility. Cash released after deductions can be lower. This screen does not calculate those deductions or the final redemption balance.
Existing debt means secured borrowing that stays on this same property alongside the bridge. It is counted once in combined exposure. If the bridge instead pays off an existing mortgage, use the borrowing capacity calculator to model that payoff, quote costs and usable cash.
For the maximum cash left after quote costs and any mortgage payoff, use the UK bridging borrowing capacity calculator.
How the LTV check is calculated
Combined exposure = existing secured debt staying + requested gross bridge. Combined LTV = combined exposure ÷ property value × 100. The entered exposure ceiling is property value × quoted combined LTV limit ÷ 100.
The decision compares the unrounded exposure with that ceiling. Equality is within the entered limit; any excess is above it. Remaining headroom and the amount above the limit are shown separately, each with a minimum of zero. Gross headroom before this request also stops at zero when existing debt already exceeds the ceiling.
The displayed percentage is rounded to at most four decimal places, while money is displayed to two decimal places. A small excess can therefore show the same displayed percentage as the ceiling: read the decision and the amount above the limit.
Worked example: UK bridging LTV pre-check
For a property valued at £350,000, existing secured debt of £100,000 stays in place. A requested gross bridge of £150,000 makes combined exposure £250,000. With an illustrative 75% quoted opening limit, combined LTV is 71.4286%. The request is within the entered limit.
Gross headroom before the request is £162,500. After this request, remaining headroom is £12,500, with nothing above the limit. These are gross LTV figures; the money available for your next purpose can be lower after interest reserves, fees and other costs.
A request of exactly £162,500 is within the same entered limit. Increase that gross request to £162,500.01 and it is above the limit by £0.01. The decision changes before the displayed percentage is rounded.
Prepare for a UK lender or broker conversation
Prepare the security address and accepted valuation, the mortgage or charge balances that will remain, your required gross facility and the lender’s quoted opening LTV definition. Ask the lender or broker to confirm charge position, property acceptance and any permission or legal-security requirements. Property use and the purpose of borrowing can affect the advice and regulation that apply; this calculator does not classify the transaction.
Have an evidenced exit plan and a realistic timetable. A sale, refinance or another proposed repayment source still needs lender assessment. Prepare the identity, credit, ownership and transaction documents requested for the actual product rather than assuming a positive LTV calculation is enough.
If interest is serviced monthly, prepare evidence of how payments can be carried. Together describes rental ICR and, where appropriate, secured-debt-to-income assessment for its commercial serviced bridging. Those are examples of one lender’s process, not a universal test implemented here. UTB’s bridging guide likewise contains product-specific credit, security, term and exit requirements.
Use the quote calculator for cost and repayment questions
This pre-check does not charge interest, calculate net proceeds or reserve for an exit fee. It uses only an opening gross-loan ceiling; a lender measuring LTV at redemption may need a different exposure calculation.
To model a specific bridge amount with quoted interest and fees, use the UK bridging loan calculator.
Country choice and limits of the estimate
This United Kingdom page uses pounds and UK charge, broker and bridging terminology. The country links above the inputs open separate pages. Inputs and results reset; the financial amounts are not converted.
The model assumes one security property, one requested gross opening facility and constant secured balances. It does not assess affordability, credit, property eligibility, legal enforceability, an exit plan or a redemption LTV requirement. No result is an approval, quote or recommendation to borrow.
Inputs for the bridging loan eligibility calculator
Property value
Use the lender’s accepted value of the one security property. The calculation does not combine different properties or confirm a valuation.
Existing secured debt staying
Include the full balances of mortgages and other secured debt staying alongside the bridge. Debt redeemed from the advance needs a different cash and fee calculation.
Requested gross bridge loan
Enter the opening facility shown on your quote, including any financed fees and interest reserve. Do not enter only the cash you hope to receive.
Quoted combined LTV limit
Use the lender’s opening combined loan-to-value ceiling. An illustrative default does not establish that a product, property or applicant qualifies.
CALCULATOR QUESTIONS
UK bridging loan eligibility pre-check questions
Does this confirm UK bridging loan eligibility?
No. It checks the requested gross loan against one combined LTV ceiling you enter. The actual lender must assess its product, security, credit, affordability, documents and exit requirements.
Should I enter the cash I need or the gross loan?
Enter the quoted gross opening facility, including any financed fees or interest reserve. For cash after costs and mortgage payoff, use the borrowing capacity calculator linked above.
Does a request exactly at the limit pass this check?
It is within your entered LTV limit. That only describes the arithmetic comparison; it does not establish lender acceptance. Any excess changes the result before display rounding.
What if the existing mortgage is being paid off?
This screen assumes the existing secured debt stays in place. Use the borrowing capacity calculator to model the bridge funding a mortgage payoff and the cash left after quote costs.
Can a UK lender assess monthly affordability?
Yes, depending on the product and payment structure. Serviced interest needs an evidenced payment source. This calculator does not implement lender-specific affordability or credit tests.
What happens if I change country?
The country links open separate UK and US pages with local currency, examples and guidance. Inputs and results reset; money is not converted.