The lender has also raised its dual representation offering to £750,000.

The digital-only bridging lender launched last year.

The offer enables brokers to help their clients access bridging finance with fewer upfront costs.

The policy is designed to help speed up the legal process by reducing the number of solicitor checks required.

Bridging rates now start from 0.83%.

The lender’s bridging loans now start at 9.09% in the UK.

The lender has increased the maximum loan amounts and LTVs for AVM, desktop and drive-by valuations.

The product has been developed in response to affordability pressures and regulatory shifts.

Introducers will receive tiered procuration fees between 0.50% and 2.00%.

Daisy is a former private bank relationship support manager.