The proposition includes a bridging product with rates from 0.54% per month, followed by an exit onto a long-term buy-to-let mortgage,
The comparison site has over 40 lenders available on its platform and specialises in bridging finance and commercial mortgages.
The Lendlord Finance Hub provides automated recommendations for a range of financial products.
Bridging can resolve the stamp duty land tax (SDTL) holiday rush, according to Clever Lending.
Bridging lender Tuscan Capital has provided the facility in a five-week turnaround.
F4B has launched a free 24-hour case checker initiative, aimed at providing an option for brokers who may not be specialists in short-term finance to double-check lending terms received.
Shawbrook has completed a £1.18m developer exit bridging loan for a highly experienced property developer seeking short-term funding to support their next project. Read more…
Crystal Specialist Finance (CSF) and MT Finance have completed a bridging finance product worth £1.4m within three weeks.
Hampshire Trust Bank has appointed Paul Collyer as its new chief risk officer subject to regulatory approval.
This includes the lender’s Bridge to Let proposition, where a term plan is used for the exit route.