Catalyst Property Finance has relaunched with a new range of short-term finance options for standard bridging, development exit finance and light/medium/heavy refurbishment.
The lender will offer loans from £50,000 with up to 24-month terms for property in England and Wales.
Chris Fairfax (pictured), CEO at Catalyst Property Finance, said: “We’ve been planning this launch for the last few weeks but wanted to make sure all the team were back at work and ready to give the very best support available to brokers and their clients.
“This is an exciting range which is much needed in the short-term finance market today. Clearly, there is pent up demand from brokers and borrowers who have property projects on hold or about to begin.
“Unlike many lenders, we are now able to lend up to 75% of current market value for first charge loans and up to 65% of 180 day value for second charge.