Below is an update from Together, the Bridging and Commercial Mortgage lender, that you can access via our bridging and commercial mortgage team. Contact our team today for more information or click here to view their product cards.
Announcement
The latest updates from Together
Over the last year we’ve made a number of changes to improve the application process for you and your clients. We’re delighted to share with you some further enhancements as well as our latest product updates.
Product updates – Increasing max loans
We’re increasing the maximum loan sizes across our unregulated Bridging and Buy to Let products enabling you to provide customers with larger loans to meet the demand in the market:
- Our Bridging product is increasing to £5million before referral
- Our Buy to Let product is increasing to £2.5million for first charge transactions and £1million for second charge transactions.
Further product updates
- We’re reducing the minimum loan size on our unregulated Buy to Let product to £30,000 supporting investors to maximise yield from low value properties.
- There’s also been a slight rate increase across our Second Charge fixed rate product for customers with zero demerits. If a case with zero demerits needs to be re-quoted after the 30th November the customer will receive the new rates.