Anna Lewis of Castle Trust Bank considers the difference between heavy refurb and light refurb bridging finance, and how these products can help property investors to maximise their...
Related topic: Refurbishment
The new pricing covers development exit loans, residential refurbishment, and planning assistance loans.
Specialist lender Catalyst Property Finance has announced rate reductions across its bridging, refurbishment, commercial and specialist buy to let ranges.
The new product offers brokers access to funding solutions tailored to meet the demands of larger refurbishment projects.
Jonathan Rubins, managing director at Alternative Bridging Corporation, says that while bridging finance has been a reliable option for funding refurbishment projects, it’s not...
Assetz has already lent over £160m in the region and is looking to expand its presence.
The lender has also increased the maximum term on its light refurbishment product.
Lower rates provide landlords with greater opportunities to expand portfolios and maximise profits on long-term assets.
The lender has reduced residential and development exit, refurbishment, no valuation and bridge-to-let rates.
The product enables borrowers to move from their initial bridge up to an additional 18-month term.