First4Bridging extends term on 0.99% product
Last week, London-based broker, First 4 Bridging, launched an exclusive first charge product of 0.99% per month up to an impressive 70% LTV.
This week, following exceptional demand from brokers, First 4 Bridging has decided to increase the loan term from six to nine months to accommodate even more clients.
The minimum loan amount on the product, exclusive to First 4 Bridging, remains at £100,000. Both UK limited and overseas companies may apply and the rate is available on residential investment properties. A clean credit history is required.
Yousouf Roze, Director, First 4 Bridging, commented:
"We’ve had a fantastic response from the broker community over the past week following the launch of this product. A few brokers out there asked if we could extend the term and, having discussed it, we’ve decided to do just that.”
The minimum loan amount on the product, exclusive to First 4 Bridging, remains at £100,000. Both UK limited and overseas companies may apply and the rate is available on residential investment properties. A clean credit history is required.
Yousouf Roze, Director, First 4 Bridging, commented:
"We’ve had a fantastic response from the broker community over the past week following the launch of this product. A few brokers out there asked if we could extend the term and, having discussed it, we’ve decided to do just that.”
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