What Does LTC Mean – Bridging Finance?

The abbreviation LTC stands for Loan To Cost and is a term used in the property finance industry. The most common use of this acronym is when calculating ratios in Bridging Loans and Development Finance. Loan To Cost (LTC) means the amount a bridging lender will provide as a loan against the total cost of a project. This could be as high as 100%.

For Example

If you purchased a property for £500,000 and Spent £200,000 then the total cost would be £700,000.

A bridging loan that offered a maximum facility of 90% LTC, would lend up to £630,000.

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