Thursday, October 19, 2023
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United Trust Bank has reduced pricing on its range of regulated and unregulated bridging loans.
The specialist bank now offers regulated bridging loans with interest rates from as little as 0.77% pm and unregulated bridging loans from just 0.79% pm.
UTB’s regulated and unregulated products offer the speed and convenience of free automated property valuations on applications of up to 65% loan-to-value and its streamlined fast track service for qualifying loans of up to £1 million net.
Aaron Strutt of Trinity Specialist Finance says: “Bridging loans are still being used by a range of borrowers including homebuyers, novice property developers and investors actively seeking opportunities to acquire properties with potential to refurbish and sell on or let out.
“With competition still high for the right properties, our brokers can deliver quick, reliable and competitive funding for our customers with a wide variety of requirements and goals.”
The most popular uses for bridging loans include buying auction properties, chain breaks, investment purchases, re-bridges and unregulated finance.
Call Trinity Specialist Finance to secure a bridging loan on 020 7016 6151 or book a consultation
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