How a £100,000 Six-Month Loan Turned into a £10,000 Surprise - and How to Avoid It

https://www.booknose.win/why-loans-under-55-ltv-often-get-the-lowest-rates-and-what-lenders-don-t-tell-you

Why short-term property loans often look cheaper than they actually are You see a lender advertising 0.65% monthly interest on a bridging loan and you think: that is tiny. On £100,000 that is only £650 a month, £3,900 over six months