Catalyst launches into AVM and desktop bridging market

Specialist lender, Catalyst, has introduced new AVM and desktop valuation unregulated bridging products. 

Collaborating with Rightmove AVM and VAS Assurance, the range offers a more streamlined and cost-effective solution for brokers seeking bridging finance for their clients.

Catalyst AVMs are free and available for qualifying applications up to 65% LTV, lending on property values from up to £500,000. 

Catalyst desktop valuations cost from £200 to £500 and are available for qualifying applications up to 70% LTV, lending on property values up to £1,000,000.

Loans are available for UK individuals, limited companies/LLPs and offshore limited companies. Terms run from 3 to 24 months; cosmetic works are allowed and borrowers with some adverse credit may be considered.

Chris Fairfax, CEO at Catalyst, said: “Having worked as an intermediary in the bridging space for over a decade, I know that cost and speed of transaction can have a huge impact on the success of securing the deal with your client. 

"This year, I have tasked my team to further improve the way we support our broker partners; launching these AVM and desktop valuation bridging products is part of our plan to deliver even more incredible service.”