Aspen Bridging has made it’s ‘winter offer’ introduced in December permanent.
There will be a continuation of rates, ranging from 0.49% to 0.59% across all residential bridging product ranges including 80% LTV, heavy refurb and second charges, in support of an Aspen Bridging first.
This complements an existing 80% LTV residential product and an enhanced higher commercial LTV of 72.5%. In addition, the firm will continue to welcome increased loan sizes up to £1m net on a single asset and up to £1.5m net for portfolio customers with acceptable credit.
Ed Ahrens, managing director at Aspen Bridging, said: “What was launched as a winter promotion has proven to be a major factor in increased completions and higher enquiry numbers against targets.”
Jack Coombs, director at Aspen Bridging, said: “The business always seeks to be competitive and naturally reduced rates, increased loan sizes and upped commercial LTVs are all part of that critical mix.
“We will continue to evaluate these to stay ahead of the curve.”
Since its inception in 2017, Aspen Bridging has forged a successful loan book and a burgeoning reputation for service excellence, speed and flexibility.
Key business attributes include one person per case, quick and accurate quotations, site visits from the experienced underwriting team to every property at valuation stage and completions from initial enquiry as fast as any in the industry.