1)

https://www.slideserve.com/eogernrhbu/why-bridging-loans-cost-more-than-mortgages-clear-numbers-first-explanation

1) Just went through a bridging loan with Octopus yesterday, and honestly, the costs caught me off guard. On a £120k loan, my total fees ended up at £11,200—that's over 9%! Thought arrangement fees would be around 2-3%, but mine hit £3,800 alone