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Alternative Bridging Cuts Rates

Alternative Bridging Corporation has cut the rate on its bridging loans up to 70 per cent LTV to just 0.60 per cent.

This rate cut is the latest proposition enhancement from Alternative Bridging, which recently launched a new range for light and heavy refurbishments on residential and commercial property, and has continued to invest in supporting brokers with a growing business development team.

Jonathan Rubins, director at Alternative Bridging Corporation, said: “At Alternative Bridging, our proposition is about so much more than just rate. We’ve got nearly 30 years in property lending and we know what it takes to deliver the right solution for a client, with cases that are individually underwritten by a team of experts, and a short line of command so decisions can be made simply and swiftly.

He added: “We understand the importance of delivering on our promises and building long-standing relationships – but we also know that cost is always a consideration for borrowers. So, we are continually reviewing our offering to ensure that we can continue to deliver the most competitive rates alongside the most impressive service.”