Inspired Lending cuts bridging rates to 0.89%
The new rates will benefit investors and developers seeking short-term funding for purchases, refurbishments, and capital raising.
Inspired Lending has announced a rate reduction across its product range, with new pricing now starting from 0.89% per month, down from the previous minimum of 0.99% per month.
Inspired Lending works closely with brokers to deliver flexible, short-term solutions across residential and mixed-use property.
The updated pricing comes following a reduction in Inspired Lending’s cost of funding and applies to all new lending.
The new rates are designed to benefit investors and developers seeking short-term funding for purchases, refurbishments, and capital raising, particularly where timing, flexibility, or asset complexity might limit access to mainstream options.
Gavin Diamond, CEO of Inspired Lending, said: “We’ve been pleased with the growth we’ve achieved over the past 18 months and the trust we’ve built with brokers across the market.
"This rate reduction is a direct result of a drop in our cost of funding, and we’re passing that benefit on to our clients. At a time when bridging has an important role to play in unlocking opportunities, we want to make sure we remain competitive and accessible.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: Nationwide
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote