Castle Trust Bank cuts rates across bridging and BTL

Castle Trust Bank has announced a series of rate reductions across both its bridging and BTL propositions.

Within its bridging range, Castle Trust Bank has reduced rates across its refurbishment products with Light Refurbishment Bridging now available at 0.70% per month across all LTV bands and Light Refurbishment with Drawdown reduced to 0.77% per month.

Heavy Refurbishment Bridging has been cut to 0.99% per month across all LTVs, while the bank has also reduced rates across its TermTen BTL proposition.

For standard BTL properties, rates are now available at 5.69% up to 70% gross LTV, and from 5.74% available at 75% net (77% gross) LTV.

For large HMO investments of up to 15 units, rates are now available from 6.19% up to 75% net (77% gross) LTV.

The new pricing is available for a limited period and applies to cases that complete by the end of 31 August 2026.

Anna Lewis, commercial director at Castle Trust Bank (pictured above), said: "At Castle Trust Bank, we're committed to helping brokers and their clients access competitive funding solutions across every stage of the property investment journey.

"These latest reductions across both our bridging and BTL ranges support this commitment by providing greater value for investors looking to purchase, refurbish, refinance or expand their portfolios."