Cheval claims it's seen a 25% increase in the number of agreements in principle issued in the six months to the end of April fuelling a 57% leap in the size of its loan book in value terms. A combination of new products, strengthening of key introducer …
Crystal Mortgages Reduce Three Month Bridging Loan Rate
Independent commercial mortgage finance & bridging loan specialist Crystal Mortgages has reduced its three month bridging loan to 0.75% per month, a cut of 0.5%. The change is available up to 70% LTV, although the company must guarantee to return two … See all stories on this topic »
Recent debates concerning transparent charging structures for bridging loans have flagged the Annual Percentage Rate (APR) charged by lenders as a suitable way of comparing the cost of loans. This suggestion has ruffled the feathers of many a bridging … See all stories on this topic »
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