Market Harborough cuts bridging loan rates
By Bridging Loan Directory
Bridging finance and complex case specialist Market Harborough Building Society has supercharged its bridging finance with three enhancements to provide brokers and clients with greater value, flexibility and choice.
It has reduced monthly bridging rates by 0.01% and increased its maximum loan size to £5m on its existing tier one and two bridging range, making it available to a wider audience.
It has also launched a new limited edition range for simple cases. These new fixed and variable rate products are designed especially for clients with straightforward, regulated bridging finance applications up to £1m, such as chain break scenarios.
Rates start at 0.58% variable, with an application fee of £95 and maximum 70% LTV.
Iain Smith, head of mortgage distribution, said:
“These changes strengthen our bridging finance proposition so we can help even more clients.
By lowering rates and increasing our maximum loan size, we’re giving brokers more options to support a broad range of client needs, from high-value cases to simpler, regulated transactions.
The introduction of our limited edition range also reflects our commitment to innovation and agility in a fast-moving market.
We’re here to make complex cases simpler and straightforward deals even more accessible.”
FOLLOW ON GOOGLE NEWS
You must be logged in to post a comment.