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Catalyst Property Finance launches new bridging loan

Catalyst Property Finance has launched a new bridging loan, which it says is "suitable for clients with a wide range of residential and semi-commercial property". The loans between £750,000 and £3m, come with monthly rates set at 0.65% to 70% open market value or 0.69% to 75% OMV. Also, procuration fees are 2.00%, as

Catalyst launches exclusive bridging product | Mortgage Introducer

Catalyst launches exclusive bridging product | Mortgage Introducer
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Catalyst Property Finance launches two new products

Catalyst Property Finance launches two new products By Gary Adams 6 th April 2021 4:18 pm Catalyst Property Finance has brought out two new products, relaunched two others and rejigged other offerings. The new credit repair bridging product is available between 50 per cent LTV and 70 per cent LTV and starts from 0.75 per cent and the AVM product, for very light refurb, is available below 50 per cent LTV with rates from 0.50 per cent. Meanwhile, the lender has also reissued its land with planning and 100 per cent commercial bridging offerings. Loans are available from £100,000 to £5m across terms of three months to 24 months. Catalyst Property Finance marketing director Anna Bennett says: “We’re incredibly excited about this Spring ’21 bridging product launch. Brokers will see that LTVs are up and rates are down across our range.

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