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:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC