Rates cut across our property finance range

Dec 5, 2024Blog, Press Release

๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฐ๐˜‚๐˜ ๐—ฎ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐—ผ๐˜‚๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐—ป๐—ด๐—ฒ

๐—ฅ๐—ฎ๐˜๐—ฒ ๐—ฟ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„:

โ€ข Unregulated bridging, auction, development exit, finish and exit finance from 0.79% pm
โ€ข Refurb finance with cost of works up to 50% of OMV from 0.85% pm
โ€ข Refurb finance with cost of works from 50% to 100% of OMV from 0.89% pm
โ€ข Refurb finance with cost of works over 100% of OMV from 0.97% pm
โ€ข ‘Flexible’ bridging (adverse credit, inexperienced borrowers, reduced PGs) from 0.99%pm
โ€ข Commercial bridging at BBR +7.50% pa
โ€ข Specialist buy to let (Latitude) at 8.75% pa.

๐—–๐—ต๐—ฟ๐—ถ๐˜€ ๐—™๐—ฎ๐—ถ๐—ฟ๐—ณ๐—ฎ๐˜…, ๐—–๐—˜๐—ข, ๐˜€๐—ฎ๐˜†๐˜€: โ€œAfter 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 Catalystโ€™s 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€

๐—”๐—ป๐—ป๐—ฎ ๐—•๐—ฒ๐—ป๐—ป๐—ฒ๐˜๐˜, ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜๐—ถ๐—ป๐—ด ๐——๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ ๐˜€๐—ฎ๐˜†๐˜€: โ€œAlongside the reprice, weโ€™ve 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 weโ€™ve refreshed our product guide design. Weโ€™re still offering the same wide range of funding solutions and โ€˜Catalyst styleโ€™ product flexibility, but in an easier to digest format.โ€๐—œ๐—ณ ๐˜†๐—ผ๐˜‚’๐—ฑ ๐—น๐—ถ๐—ธ๐—ฒ ๐—ฎ ๐—ฐ๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ป๐—ฒ๐˜„ ๐—ด๐˜‚๐—ถ๐—ฑ๐—ฒ๐˜€, ๐—ผ๐˜‚๐—ฟ ๐—ก๐—ฒ๐˜„ ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ง๐—ฒ๐—ฎ๐—บ ๐˜„๐—ถ๐—น๐—น ๐—ฏ๐—ฒ ๐—ต๐—ฎ๐—ฝ๐—ฝ๐˜† ๐˜๐—ผ ๐—ต๐—ฒ๐—น๐—ฝ:
๐Ÿ“ฒ 01202 112 900
๐Ÿ“จ enquiry@catalystpf.co.uk