Hilco reduces bridging rates

Specialist bridging lender, Hilco Real Estate Finance, has launched a new suite of lower priced lending products. 

Due to the lower interest rate environment, Hilco is now able to provide bridging loans starting from 0.79% per month as it targets £100m in Q4 lending.

The lender launched in 2023 to provide bespoke, flexible property finance solutions nationwide across various real estate sectors and capital structures, offering short-term loans for growth, acquisition opportunities, development exits and refinancing exits with loan sizes ranging from £3m to £100m+.

Earlier this year, Hilco appointed Duncan Pearson as a senior business development consultant within its specialist bridging team and Steve Allen as a senior business development manager..

Sean Adams, managing director, said: “As we head into what we believe will be a very busy autumn in bridging, we wanted to offer our introducing brokers the most competitive rates and terms designed to win business and meet the specific needs of their clients. Coupled with our speed, flexibility and most importantly reliability we are well positioned to grow market share.”