Anna Lewis, commercial director at Castle Trust Bank, explores how bridging finance can provide first-time landlords with an alternative way to secure their first property.
Full funds will be available from day one, allowing greater flexibility.
The specialist lender has lowered rates on its regulated and unregulated product ranges.
The conveyancing intermediary platform is now an associate member of the BDLA.
The lender will also use ‘no search’ indemnity insurance on heavy refurb cases as standard.
AVMs are now available up to 75% LTV on properties up to £1.5m.
The collaboration aims to expand ScotLend’s reach to brokers across the UK.
Monthly interest rates now start from 0.69% per month.
Lending held steady at £822.2 million despite economic headwinds.
Anna Lewis, commercial director at Castle Trust Bank, explores what options there are for brokers to expedite a bridging loan when time is of the essence for their clients.
