Our focus is on delivering excellent customer service together with the most transparent pricing structure in the market.
We therefore assign every case a dedicated underwriter and offer set rates on all products, for all clients and at all LTVs.
OVERALL OFFERING | |
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Loans types | Bridging & light development |
Area covered | England and Wales |
Security types | 1st charge |
Loan Sizes | £150k - £5m net |
Loan term | 12-18 months |
Borrower type | Individual & Corporate |
Borrower residency | UK and Foreign |
Interest basis | Retained |
Our turn around | Sub 10 working days |
Introducer commission | 1-2% (dependent on volume) |
FLAT RATE PRODUCT | |
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RATE | |
All types & LTV's | 0.74% - 0.89% |
STEPPED RATE PRODUCT | |
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All types & LTV's | RATE |
Initial Rate | 0.44% - 0.54% |
Initial Term | 6 m |
Total Term | 12 m |
Secondary rate | 1.24% |
Exit fee | 1 month's interest |
Our residential product supports purchases, refinances and capital raising on investment properties at up to 75% LTV.
This unique product enables genuinely urgent transactions at up to 65% LTV at initial quote stage and is guaranteed in under 10 (and can be as fast as 2) working days.
This specialist product covers conversion schemes, Finish & Exits, structural works and extensions all at up to 75% LTV plus 100% cost of works.
Our specialist HMO product supports purchases, refinancing and capital raising on licensed HMO's at up to 70% LTV.
Our commercial offering covers prime commercial and semi-commercial properties within the new class E and B8 categories at up to 70% LTV.
A rapid £2,327,250, 73% loan-to-value bridging loan from Aspen has saved a customer's £125k auction purchase deposit and provided additional funding on a part-finished development.
Completed in just 15 days at 0.49% for six months on the lender's stepped rate product, the deal brings together both a rapid auction purchase and finish-and-exit elements under one roof.
The auction purchase, a six-bedroom semi-detached in Wandsworth, was bought at the end of August with the monies required within a 15 day period.
The part-finished development project, a five-bedroom terraced property in the same area, was purchased in 2019 and still has £140k works outstanding. The deal also includes 100% works funding.
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