Catalyst bolsters the bridgingmarket with increased 80% LTV options

Catalyst today announces that it is increasing LTVs across its “First chargebridging”, “Refurbishment bridging” and “Second charge bridging” ranges.

Following last week’s launch into the buy to let market, the specialist lender is today refreshing its bridging rangeand introducing higher leverage options.

First charge bridging is now available up to 80% of Open Market Value (was 75%) and second charge bridging is now available up to 75% of Open Market Value (was 70%).

Refurbishment bridging is now available up to 80% of Open Market Value (was 75%) on the light refurb option. With Catalyst, ‘Light refurb’allows for a refurb budget or total build cost (inclusive of professional fees)up to 50% OMV/50% GDV and up to 25% property footprint expansion.

The new, higher leverage options are available for loans from £100,000 to £500,000.The lender’s standard loan sizes range from £100,000 to £10,000,000.

Chris Fairfax, CEO at Catalyst says: “We believe higher LTV options for bridging and light refurbishment borrowers are going to be in stronger demand in the short and medium term; Catalyst believes this area is currently undeserved and represents good risk when carefully analysed”.

About Catalyst Property Finance:

• Founded in 2017
• Catalyst provides bridging, buy to let, refurbishment, anddevelopment finance
• All forms of real estate considered in England and Wales
• Led by highly experienced management team
• Multiple funding sources permitting full status and non-status lending
• Catalyst Property Finance exists to enable change
• The use of time-saving technology is central to our approach, providing customers with the perfect balance of cutting-edge technology and expert customer service.
• www.catalystpf.co.uk

For further information please contact:
Anna Bennett, Group Marketing Director for Catalyst:
0777 207 4150 | anna.bennett@catalystpf.co.uk

To visit HIVE& Partners or Catalyst Property Finance:
The Hive, Wilson House, No.2 Lorne Park Road, Bournemouth, Dorset BH1 1JN