KSEYE reduces bridging loan rates
Bridging lender KSEYE has announced a reduction of rates across all of their products, alongside a move back to fixed-rate products, effective immediately.
This move to support brokers and their clients is in response to the fall in the inflation rate, which KSEYE has welcomed with interest rates now starting from 0.93% for their residential bridging product.
KSEYE’s lower rates will enable more brokers to benefit from their strong service levels on loans starting from £150,000, at up to 75% LTV.
Marcus Dussard, Sales Director, KSEYE, said:
“In our commitment to better assist brokers’ clients across deals of all sizes, we’ve implemented rate reductions across all product types.
Returning to fixed rates is aimed at offering certainty to borrowers benefiting from a KSEYE bridging loan, while also streamlining our product offerings for our valued broker partners.
Stay tuned for upcoming announcements that will transition us from a ‘brokers’ best-kept secret’ to a go-to lender for your bridging needs.”