Catalyst launches ‘VALentine’s’ initiative for intermediaries
Catalyst Property Finance has launched an initiative for intermediaries, called ‘VALentine’s’.
As part of the offering, intermediaries will be given access to bridging finance with valuation refunds.
All heads of terms issued in February that fund before the end of April will automatically qualify for a valuation fee refund up to a maximum of £1,000.
Furthermore, the lender outlined that its loans are available up to 75% LTV, for light, medium and heavy refurb options, with rates from 0.60% and proc fees up to 2%.
Chris Fairfax, chief executive at Catalyst Property Finance, said: “With January behind us and Spring on the horizon, we thought it was time to launch our first new initiative of 2021 ‘VALentine’s’.”