Related topic: Commercial

The latest reductions follow a 10 bps rate cut across the lender's commercial and semi-commercial bridging products as part of a limited-time offer.

The new workflows include dynamic fact-finds tailored specifically to bridging and commercial transactions.

The lender says it is seeing a significant increase in enquiries for borrowers looking for higher leverage.

Rates start from 0.92% for borrowers looking to repurpose existing commercial buildings.

Constantinos Savvides, head of underwriting at London Credit, says that for brokers, the message is clear: in a market where timelines are tight and project types vary widely, choosing...

Jaxon will support the lender's growth in London and the South East.

Business lending by high street banks has seen a sixth consecutive quarterly rise.

The new offering builds on the lender's existing bridging and buy-to-let businesses.

The bank has reduced specialist buy-to-let and commercial mortgage rates by up to 0.25%.

The specialist lending solution, from £250k to £1.5m, is tailored for smaller residential developers.