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Together launches lowest ever regulated bridging rate

21 June 2017

We are excited to have launched our lowest ever regulated bridging rate at just 0.49 per cent per month.

The limited edition product is the lowest published bridging rate in our 43 year history and is currently the lowest in the market at up to 50 per cent loan-to-value.

The rate is available for loans up to £2.5 million, with larger applications considered on an individual basis, and no maximum age limit.
 
Pete Ball, our personal finance CEO said: “This is our best rate yet, and the current market leading rate for regulated bridging loans up to 50 per cent loan-to-value, so we’re delighted to be able to offer this to our broker partners on a limited edition basis.

“This new rate, coupled with our common sense approach to lending, offers customers a cost effective short-term finance option that can be used in a wide variety of circumstances; whether that’s buying a property, raising capital, or repairing a broken chain.”

Sales of existing properties and proceeds of probate are accepted as repayment strategies, as well as a combination of sale and remortgage where customers use more than one property as security.

Find out more about our bridging loans here.


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