The move carries four key aspects including the continuation of low rates ranging from 0.49% to 0.59% across all residential bridging product ranges, including 80% LTV, heavy refurb and second charges in support of an Aspen Bridging first.
- B&C roundtable: surviving a heated bridging market and the rise of regional lending
- Aspen increases pipeline by £16.5m after launching winter offer
- Aspen lowers rates as part of winter offer
Ed Ahrens, managing director at Aspen Bridging, said: “What was launched as a winter promotion has proven to be a major factor in increased completions and higher enquiry numbers against targets.”
Additionally, the firm will continue to welcome increased loan sizes up to £1m net on a single asset and up to £1.5m net for portfolio customers with acceptable credit.
Jack Coombs, director at Aspen Bridging, added that the firm “always seeks to be competitive” and would continue to be “ahead of the curve”.
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