There are several factors that will influence the rate of interest set by lenders, they include:
What the Bridging Loan will be used for.
The type of property, the value of this property if using this as security against your loan.
The size of the loan and the percentage this represents of the total value of the property or asset being offered as security against the Bridging Loan.
The applicant’s or applicants credit history.
Any other loans secured against the property, that will not be repaid by the Bridging Loan.