Signature Private Finance announces 0.55% offer
By Alex LynnBridging lender Signature Private Finance has launched a new 0.55% per month product
Section: mobile apps categories
The new rate will be available with a 40% LTV on loans of between £250,000 and £1m, although a rate of 0.65% per month will also be on offer at 50% LTV.
The offer will run until Good Friday (14th April).
Steve Sanderson, sales manager at Signature, said: “Last year, Signature delivered a strong performance and we are determined to do even more in 2017 and recognise the need to excite the market with new products, like this latest offering.
“There is always a rush to complete deals in the run up to Christmas and it can create a lull in the first quarter.
“We are confident these new low rates will encourage introducers and property developers to seek out more value in the market, particularly those properties that perhaps require less work before providing a return on investment.”
The news comes just months after Signature announced the appointment of a new sales manager.
Keywords: bridging finance, Signature Private Finance, Steve Sanderson, introducers, property developers, bridging rates, product changes,