Cohort Capital expands mid-market bridging range with ResiOne product
ResiOne complements Cohort Capital’s existing suite and sits alongside ResiPrime and commercial products.
Cohort Capital has expanded its residential lending suite with the introduction of ResiOne, a bridging product designed specifically for the mid-market, covering loans from £1m–£6m.
ResiOne provides short-term bridging for purchase, acquisition, bridge to sale, light refurbishment, refinance, asset management, development exit, and equity release. The product offers terms of 3–24 months and a maximum LTV of 75%, with rates from 0.75% per month.
ResiOne complements Cohort Capital’s existing suite and sits alongside ResiPrime (for residential loans of £6m - £100m+) and commercial (for commercial assets from £1m to £100m+).
Alex Alexandrou, head of residential sales at Cohort Capital, said: “Having spent just short of a decade in the residential lending market, I joined Cohort Capital to use my experience to help shape product development that genuinely serves the mid-market. With a strong reputation already established in the bridging space, the team has the expertise and funding to lend at these ticket sizes without compromising on quality, speed or service.
"We’ve successfully completed numerous mid-ticket transactions, and ResiOne has now been refined to offer even greater scope, supporting more brokers and borrowers with the same agility, discretion and consistency that define Cohort Capital. ResiOne has been built from the ground up with brokers and borrowers in mind, backed by Cohort Capital’s proven capital strength and a commitment to fast, commercial decisions.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC