London Credit cuts commercial and semi-commercial bridging rates
Rates now start from 0.75% per month.
London Credit has announced a 10 bps rate reduction across its commercial and semi-commercial bridging products as part of a limited time offer.
Rates now start from 0.75% per month, down from 0.85%, on loans up to 60% LTV.
The offer applies to all new commercial and semi-commercial applications where legal undertakings are in place by 31st May 2025, with completion by 15th July 2025.
The reduction offers brokers an opportunity to secure more competitive terms for clients who are looking to raise capital against commercial or mixed-use property, whether for investment, refinancing or short-term liquidity.
Marios Theophanous (pictured), credit manager at London Credit, commented: “In the current market, brokers are having to work even harder to secure the right solutions for their clients, especially when it comes to commercial and semi-commercial property finance. That’s why we’ve introduced this limited-time rate reduction, giving brokers access to more competitive pricing on deals that need to move quickly.
“Whether your client is refinancing an existing asset, purchasing a mixed-use property, or unlocking capital for business purposes, this offer gives you a sharper edge on rate, without compromising on service or flexibility.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules