Glenhawk launches fast track residential purchase product
Rates on the product range start from 0.72%.
Short-term real estate lender, Glenhawk, has launched a new product featuring its lowest unregulated rate, starting from 0.72%.
'Fast Track Residential Purchase' has been designed to support quick and efficient property purchases with a new fast track process.
The product offers up to 75% LTV and allows for dual representation, simplifying the legal process and helping to accelerate completion times.
Loan sizes range from £250,000 to £5 million and the product is exclusively available for unregulated loans.
Guy Harrington, CEO of Glenhawk, commented: "The launch of Fast Track Residential Purchase reinforces our commitment to delivering innovative, borrower-friendly products that help our clients act with speed and confidence in a competitive market.
"With a new low rate from 0.72%, we’re making it even more cost-effective to secure fast financing for residential purchases."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Nationwide
Nationwide cuts mortgage rates by up to 0.36%