At the start of 2021, the lender created a new range specifically for investors and landlords wishing to refurbish properties. Three products make up the range; Refresh for small upgrades, Renew for refurbishment and repairs and Renovate for larger projects. For unregulated residential property, LTVs of up to 75% are available and 100% funding for 6-18 month loan terms. Borrowers in both England and Wales can access rates from 0.69% on residential property loans, up to a maximum of £3m.
Hope Capital recently launched a new fast track bridging product, ‘LOANS Fast Track Bridge‘, which provides facilities up to £750,000. The product is available for properties worth up to £1m, with the maximum LTV at 75% . from CMB https://commercial-mortgages-broker.co.uk/bridging-finance-news/hope-capital-saw-high-demand-for-bridging-finance-in-2021/ from https://commercialmortgages2.tumblr.com/post/671295718527549440
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