Magnet Capital
Specialist LenderMagnet Capital is a specialist short-term lender providing bridging finance and second-charge loans for property transactions across the UK. Their underwriting approach emphasises the asset and exit strategy, enabling them to consider cases with complex borrower circumstances that other lenders may decline.
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Lending Focus
Magnet Capital offers mortgage products across 2 categories including Bridging, Second Charge.
Key Features
- Asset-led underwriting for bridging and second-charge loans
- Flexible approach to complex borrower profiles
- Loans secured against residential and semi-commercial property
- Fast turnaround with responsive BDM support
- Competitive rates on first and second-charge positions
Pros & Cons
Pros
- Asset-led underwriting — focuses on property and exit, not borrower profile
- Flexible approach to complex borrower circumstances
- Offers both first and second-charge bridging
- Responsive BDM support for brokers
Cons
- –Broker-only — no direct-to-consumer access
- –Smaller lender with limited brand recognition
- –No development finance offering
Fees & Charges
Arrangement Fee
Typically 1.5–2% of the loan amount
Valuation Fee
Varies by property value — quoted at application
Early Repayment Charge
No ERC on most bridging products — minimum interest period may apply
Overpayment Allowance
No restrictions — can repay at any time
Mortgage Rates
Rate data coming soon
We're working on adding live mortgage rate information for Magnet Capital. In the meantime, visit their website for the latest rates.
View rates on Magnet CapitalApplication Process
Processing Time
1–3 weeks from application to completion
Online DIP
No — via broker or branch
Offer Valid For
4 weeks from date of offer
Lending Criteria
Maximum LTV
75%
Frequently Asked Questions
What does asset-led underwriting mean at Magnet Capital?
Does Magnet Capital offer second-charge bridging loans?
What types of property does Magnet Capital accept as security?
Can I get a Magnet Capital bridging loan with complex finances?
How to Apply
Broker Only
Magnet Capital products are only available through mortgage brokers. Use our broker directory to find a broker with Magnet Capital on their lender panel.
Contact Information
Need a Magnet Capital Broker?
Find FCA-regulated mortgage brokers who have Magnet Capital on their lender panel.
Find a BrokerRegulatory Status
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Bridging Finance: The Complete Guide for Property Investors
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Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Information on this page is for general guidance only and does not constitute financial advice. Always verify lender details directly and seek independent advice before making financial decisions.