Rates cut across our property finance range
๐ฅ๐ฎ๐๐ฒ๐ ๐ฐ๐๐ ๐ฎ๐ฐ๐ฟ๐ผ๐๐ ๐ผ๐๐ฟ ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ ๐ฟ๐ฎ๐ป๐ด๐ฒ
๐ฅ๐ฎ๐๐ฒ ๐ฟ๐ฒ๐ฑ๐๐ฐ๐๐ถ๐ผ๐ป ๐ผ๐๐ฒ๐ฟ๐๐ถ๐ฒ๐:
- Unregulated bridging, auction, development exit, finish and exit finance from 0.79% pm
- Refurb finance with cost of works up to 50% of OMV from 0.85% pm
- Refurb finance with cost of works from 50% to 100% of OMV from 0.89% pm
- Refurb finance with cost of works over 100% of OMV from 0.97% pm
- โFlexibleโ bridging (adverse credit, inexperienced borrowers, reduced PGs) from 0.99%pm
- Commercial bridging at BBR +7.50% pa
- Specialist buy to let (Latitude) at 8.75% pa.
๐๐ป๐ป๐ฎ ๐๐ฒ๐ป๐ป๐ฒ๐๐, ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ถ๐ป๐ด ๐๐ถ๐ฟ๐ฒ๐ฐ๐๐ผ๐ฟ ๐๐ฎ๐๐: โAlongside the reprice, weโve taken the opportunity to evolve and improve our product offering. Brokers who have worked with Catalyst before may notice that our range has become a little more streamlined, our criteria simplified, and weโve refreshed our product guide design. Weโre still offering the same wide range of funding solutions and โCatalyst styleโ product flexibility, but in an easier to digest format.โ
๐๐ต๐ฟ๐ถ๐ ๐๐ฎ๐ถ๐ฟ๐ณ๐ฎ๐ , ๐๐๐ข, ๐๐ฎ๐๐: โAfter what feels like a long time of pricing stagnation in the property finance market, I am extremely pleased to announce a widespread rate reduction across Catalystโs product range, as well as increased leverages and loan sizes on a number of our specialist products. Our decision reflects the current state of the UK finance and property markets, which have seen some welcome stabilisation in recent months.Intermediaries can now support their clients with highly competitive funding that provides increased profit margins and less capital outlay. And, in certain circumstances, these positive changes will enable more marginal property deals to become viable again.โ
