Specialist lender Kent Reliance for Intermediaries (KRFI), part of the OSB Group has launched a brand new buy-to-let limited edition 1 year fixed product. It has been designed to help brokers and their clients navigate around an upbeat but challenging market whilst awaiting potential tax implications in the October Budget alongside base rate fluctuations. The […]
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, is announcing a ‘white glove’ service for property portfolio landlords. The company said that, as part of the service, it will now consider lending more than £5m, with approvals on a case-by-case basis. Zephyr is also offering brokers with eligible landlord clients a dedicated business development manager […]
Cynergy Bank, a leading UK challenger bank, has announced the launch of its enhanced bridging finance offering. The new product offers short-term, flexible lending for residential, commercial and mixed-use properties—from single dwellings to large blocks and purpose-built student accommodation (PBSA)—with competitive interest rates and a transparent fee structure. Loan amounts vary from £2m to £20m, […]
Chetwood Financial, the fully authorised UK digital bank, has today announced it is rebranding as Chetwood Bank, marking a new chapter in its mission to provide simple, effective financial products with a no nonsense approach to banking. The rebrand coincides with the launch of a new Easy Access savings account, which combines competitive rates with […]
Saffron for Intermediaries today announces rate reductions across its entire product range and introduces new options for its contractor and self employed products. By bringing rates down to match the market, Saffron aims to support as many borrowers as possible in finding a mortgage that suits their needs. Owner Occupied: Saffron has reduced rates across four […]
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 […]
