New Semi-Exclusive Bridging Product from Together  - 11/03/2021 15:26


New semi-exclusive products from the Commercial finance (CF) division.

Enhancements to the limited distribution range includes:

A sub 50% LTV rate of 0.55% pm

LTVs increased on commercial bridging:

70% on purchases

65% on refinances

Loan size on commercial bridging increased to £1m (more on referral)

In addition to these exciting changes we have enhanced our residential AVM terms:

Up to 75% LTV on purchases

Stepped increases in LTVs on purchases up to £500k

Reduced confidence levels on auction purchases (minimum level 2)

Reduced confidence level on non-auction purchases up to 60% LTV