StreamBank has launched a bridging loan which combines a £1,000 legal fee contribution, title insurance, with rates starting from 0.66% per month.  

The specialist lender says its StreamEdge product is offered on a non-regulated and regulated basis across residential, semi-commercial and commercial properties up to 65% loan to value. 

It is available for loans between £400,000 and £1m. 

However, drawdowns, adverse credit and re-bridges will not be accepted, while only light internal works are allowed. 

StreamBank managing director of lending Roz Cawood says: “This new product gives brokers and their clients a triple whammy of benefits, combining speed and competitive pricing, along with a contribution towards legal fees. 

“We believe that StreamEdge can give brokers a competitive edge and, by providing both non-regulated and regulated loans, along with allowing loans across residential, semi-commercial and commercial properties.”