Alternative Bridging slashes rates
By Andreea DulgheruAlternative Bridging Corporation has reduced the rate on its bridging loans up to 70% LTV to 0.60%.
Section: Products
This is the latest proposition enhancement made by the lender, having launched a range of specialist refurbishment loans earlier this month which allow further drawdowns and lower rates upon practical completion.
Jonathan Rubins, director at Alternative Bridging Corporation (pictured above), said: “Our proposition is about so much more than just rate.
“We’ve spent nearly 30 years in property lending and know what it takes to deliver the right solution for a client.
“[Our] cases are individually underwritten by a team of experts and a short line of command, so decisions can be made simply and swiftly.
“We understand the importance of delivering on our promises and building long-standing relationships — but we also know that cost is always a consideration for borrowers.
“We are continually reviewing our offering to ensure that we can continue to deliver the most competitive rates alongside the most impressive service.”
Keywords: alternative bridging corporation, abc, bridging loans, bridging loan rates, ltv, loan to value, Jonathan rubins, bridging lender, bridging loan, specialist finance market, B&C, bridging & commercial
Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/alternative-bridging-slashes-rates