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 to view their products, here.
Announcement
Important updates and product changes from Together
New 0.65% Regulated Bridging rate plus much more.
As we move into February we’re excited to share with you some further enhancements to our products.
Personal finance changes.
- We’ve reduced our Regulated Bridging rate to 0.65% with a max LTV of 50% and 0.75% with a max LTV of 70%. We’re also increasing the procuration fee to 2%.
- On our first charge 5 year fixed product we’ve reduced the rate to 5.99% on capital repayment and 6.49% for interest only.
- We’ve also launched a new 5 year fixed rate on our Consumer Buy-to-Let product at 6.99%.
Additional Information:
We will be introducing early repayment charges on our first charge 5 year fixed product.
We’ve also recently changed our criteria across our personal finance products to allow more cases to use Hometrack’s automatic valuation model in a move designed to reduce costs and speed up mortgage applications.
Commercial finance changes:
- On our Residential Bridge, Buy-to-Let and Homeowner Business Loans we’re increasing the LTV to 75% for a purchase and 70% for a refinance or second charge.
You can also find out more and view the latest product information on our website.