Catalyst revamps bridging range
Catalyst Property Finance has revamped its range of short-term finance options for bridging, refurbishment, commercial and land.
Loans are available up to 75% loan-to-value (LTV) with rates starting from 0.50% per month.
Anna Bennett (pictured), marketing director at Catalyst Property Finance, said: “We’re incredibly excited about this Spring ’21 bridging product launch.
“Brokers will see that LTVs are up and rates are down across our range.
“By popular demand, we are bringing back two products: ‘Land with planning’ and ‘100% commercial bridging’ as we recognise there is a gap in the market that needs readily available finance.
“What’s more, we are launching two new products: ‘Credit repair bridging’, to help borrowers with credit issues, and ‘AVM with rates at 0.50%’, a cost-effective solution for lower leverage residential loans.
“The UK bridging market is incredibly active; this is the perfect time to sharpen our pencils and provide even more options for brokers and their clients. Our New Business Team is ready to provide brokers with 1-2-1 product training and they also respond to all new loan enquiries within two hours.
“Catalyst’s tagline is “We’re here to make sure you never miss a good opportunity” and with these lower rates and more flexible terms, we’re making that promise even easier to keep.”