A Property Finance term loan is a fixed term loan, agreed for up to seven years. Once the repayment schedule and term length has been agreed, and your property valuation has been confirmed you will receive your loan amount in full.

Term loans differ from bridging loans in the way that they are repaid and also the mid-length nature of the product. Term loans have monthly repayments gradually reducing an outstanding balance, where as with bridging loans a one off ‘bullet’ payment at the end of the term, settles the outstanding balance.