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.

The reduction applies to all bridging loan types, including residential and semi-commercial assets.

Investment purchases now account for the largest portion of loan purposes.

The lender's lowest rates are now available up to 60% LTV.

West One Loans has looked at the top seven reasons behind the current bridging sector boom.