Bridging rates vary widely. Here's what's normal and how to get the best deal.
In 2026, UK bridging loan rates typically range from 0.44% to 1.5% per month. The lowest rates are reserved for low-risk deals with strong LTVs, experienced borrowers, and clear exit strategies.
Unlike mortgages, bridging rates are almost always quoted monthly. To compare with annual rates, multiply by 12 — so 0.55% monthly equates to 6.6% annually.
💡 Ask your broker for a 'total cost of borrowing' comparison rather than just comparing monthly rates. This gives the true picture including all fees.
Most bridging loans are fixed rate for the agreed term, giving certainty over costs. Some lenders offer variable rates linked to the Bank of England base rate, which can be cheaper initially but carry the risk of increases.
For short-term bridges (under 6 months), the difference between fixed and variable is usually minimal. For longer terms, a fixed rate provides more predictability.
The best bridging rates go to low-LTV, straightforward deals with strong exits. To improve your rate:
⚠️ Watch out for lenders who quote low headline rates but add high arrangement and exit fees. The cheapest rate on paper isn't always the cheapest loan in practice.
The cheapest monthly rate doesn't always mean the cheapest loan. Compare total costs including arrangement fees, exit fees, and legal costs. A broker can produce a true cost comparison. Get matched with a bridging broker through Nesto for free.
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