Ultimate Finance cuts bridging loan rates

By Bridging Loan Directory 17th March 2025

Specialist asset-based lender Ultimate Finance is today announcing a price reduction for its development exit facilities and key product enhancements across its range of bridging loans as they drive growth and deliver on their mission to lend more money than ever before to UK businesses.

These improvements come as a direct response to market research with key brokers, ensuring that the funder’s bridging offering remains competitive and meets the needs of property developers and investors.

Key enhancements include:

Price reduction on Development Exit Facilities: Development Exit facilities now feature pricing from 0.79% per calendar month (PCM) and allow borrowers to share in the net sales proceeds during the term of the loan and access profits earlier.
Enhanced Light Touch Refurbishment Facility: Introduction of a new Light Touch Refurbishment facility, offering up to 85% Gross Loan to Value (LTV) on day one, providing immediate access to funds for property improvements.
Limited PGs Now Available: Standard Purchase and Development Exit products now come with limited personal guarantees (PGs) offering more flexibility.

Liam Cavanagh, Head of Bridging Finance commented:

“These product improvements have come as a direct result of our relationship driven approach where we gain valuable insight from our key brokers on what their clients need which allows us to continually enhance our products to meet market demand.

In such a competitive sector, our ambition is to write more business in this space, and we are confident these enhancements will allow us to support an increasing number of investors and developers across the UK.

Our flexible funding facilities with a 5-star rated service will enable them to capitalise on growth opportunities and meet any challenges they may face.”