Glenhawk announces limited edition cuts to residential bridging rates
Rates now start from 0.79%.
"We understand the pressures that our clients face in the current market, and by reducing our rates, we're offering tangible support to help them achieve their objectives."
- Jamie Pritchard, Glenhawk’s managing director of sales
Short-term specialist lender, Glenhawk, has announced rate reductions across its residential bridging, residential development exit, and residential light refurbishment product range.
The limited-time offer applies to new applications received between 12th August and 30th August 2024, with completions required by 29th November.
As part of the initiative, 70% LTV rates have reduced from 0.87% to 0.79% and 75% LTV rates have reduced from 0.89% to 0.85%.
Jamie Pritchard, Glenhawk’s managing director of sales, said: "We understand the pressures that our clients face in the current market, and by reducing our rates, we're offering tangible support to help them achieve their objectives.
"These rate reductions are part of our ongoing commitment to delivering exceptional value and service to our borrowers."
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