The comprehensive lending package offers customers an initial bridging loan for asset purchase, a refurbishment loan if required, and later, a long-term commercial mortgage.
TAB, who recently completed its private securitisation facility with NatWest and Atalaya Capital Management for £300m, is also transitioning to OMV for residential bridging loans for up to £2.5m.
This will be coupled with reduced rates across its residential bridging finance product range, providing even more value and savings for brokers and their clients.
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TAB is also reducing rates in its residential bridging term, to 4.99% pa over base.
CEO and founder of TAB, Duncan Kreeger (pictured above), said: “I am happy to introduce TAB Series to the market, our latest innovation designed to meet the needs of borrowers grappling with a changing interest rate environment.
“Meticulously crafted by our team, this tailored solution addresses a significant gap in the market, promising seamless support for borrowers at every stage of their property journey.
“Prioritising their needs from acquisition to management to disposal coupled with the other changes we have announced today, empowers borrowers to capitalise on opportunities that may not have otherwise been affordable.”
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