Black & White Bridging, which specialises in bridging and development finance, has agreed a significant new funding line. The new funding line is worth £100m and means Black & White will be able to expand the type of bridging loan it offers to brokers and their clients, and also reduce rates. The new facility means […]
Aspen Bridging has reduced its rates across the board by up to 60bps for all new applications as the lender targets a strong end to 2024. Flat Rates now start from 0.85% per month, a decrease of 0.04%. Stepped rates have also fallen and are available from an initial 0.59% per month, a reduction of […]
Hilco Real Estate Finance (HREF), the UK based specialist bridging lender has announced the launch of a new suite of lower priced lending products and a Q4 lending target of £100m. Due to the lower interest rate environment and increasingly efficient internal capital, HREF is now able to provide bridging loans starting from 0.79% per […]
Specialist asset-based lender Ultimate Finance has reduced its bridging finance rates across its range of bridging loans, now starting from 0.84%. Head of bridging finance Liam Cavanagh said: “We are committed to supporting the property industry and it is important to us that our offering remains competitive. By working in partnership with our brokers, we […]
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced that it is further reducing its two and five-year fixed rate deals on properties up to 75% LTV, by 0.15 and 0.10 basis points (bps) respectively. The lender said that it is offering the following for properties with an A to C-rated energy performance certificate […]
In a PII market (Professional Indemnity Insurance) worth £3.3bn, Premium Credit is giving law firms the option to spread the cost of renewing their cover over convenient monthly instalments rather than having to pay in one, annual lump sum. The award-winning credit facility, offered through Premium Credit’s broker partners, services solicitors and a wide range […]
Saffron for Intermediaries has announced major criteria changes across its entire product range, reaffirming its commitment to embracing a diverse range of borrowers by offering mortgages that suit their needs. The criteria changes include: Use of pension and investment pots Saffron has enhanced its criteria for assessing income and affordability where applicants have pension and investment […]
Property lender Together has today (16 August 2024) announced reductions across its commercial and personal product ranges. The Cheadle-based finance company will be reducing its regulated first charge loans to start from 8.10% for two year fixed rates, 7.74% for five year fixed, and variable rates from 9.85% For its regulated second charge, the two […]
Precise, part of OSB Group, has launched a mobile app for brokers, the “first of its kind” within the specialist lending market. The app, which follows on from the recent Precise rebrand, provides registered brokers with a number of time saving features to ensure that wherever they are, brokers have the most up to date […]
InterBay, part of the leading specialist lender OSB Group, has made significant changes across its semi commercial and commercial product ranges; including new limited edition remortgage products, heavily reduced rates, new cashback options and 5% arrangement fee products. New Commercial Core Range New limited edition remortgage products New 1% cashback products Lowest rate available across […]
