Together reduces bridging, commercial and buy-to-let rates

Together has reduced rates across a number of products in its mortgage and specialist lending ranges.

For regulated bridging loans, rates now start from 0.81% for loans up to £1 million and 0.70% for loans above £1 million. 

Variable rates for buy-to-let products begin at 8.54% and homeowner business loans are available from 9.80%. For commercial term loans, rates start at 8.44% and semi-commercial term loans start at 7.69%.

In addition, unregulated residential bridging loans start from 0.87% and unregulated commercial bridging loans begin at 0.98%.

Tanya Elmaz (pictured), managing director of intermediary sales at Together, said: "We’re committed to delivering the best possible outcomes for both brokers and customers, and these rate reductions reflect that. 

“By aligning our pricing with the Bank of England’s recent cut, we’re making our products more accessible and competitive. It’s another step in ensuring our partners can offer real value and flexibility to their clients, especially in a market that continues to evolve.

“For our valued intermediary partners, changes like this are essential to increasing the funding amounts that customers can borrow, helping to place more cases. We look forward to continuing to working with our broker partners helping them secure the best solutions for their clients."