Ultimate Finance cuts bridging finance rates

Ultimate Finance has today announced a significant reduction across its Bridging Finance product range, reinforcing its commitment to supporting property developers and investors.

The new pricing, available with immediate effect, includes: Standard Purchase and Development Exit Bridge from 0.79% per month; Light Refurbishment Bridge from 0.89% per month; and Medium Refurbishment Bridge from 0.94% per month

The lender said the move reflects both strong market appetite and the expansion of its Bridging Finance team, which welcomed two new Case Managers in September to handle growing volumes.

Liam Cavanagh, Head of Bridging Finance at Ultimate Finance, commented: “Our price reduction is a direct result of the incredible partnerships we have built with our broker network and understanding the market.

“We’ve listened closely to feedback and sharpened our pricing to give clients even more confidence to move quickly on the right opportunities.

He continued: “Our commitment to supporting developers and investors is unwavering — and today’s announcement shows that we’ve got the funding solutions, flexibility and relationship-based service model that our brokers, developers and investors can rely on.”