Together has increased maximum loan sizes across its unregulated bridging and buy-to-let ranges.

The Cheadle-based specialist lender says it has raised the maximum amount on its bridging products from £2m to £5m “as it seeks to further grow its loan book post-pandemic”.

It adds the maximum loan sizes for the firm’s first charge BTL products have been lifted from £2m to £2.5m, and from £500,000 to £1m for its second charge BTL loans.

Together commercial chief executive Marc Goldberg says: “We are seeing an increasing demand for larger loans to support landlords and investors’ property ambitions as the UK continues its economic recovery post-Covid.

“These borrowers tend to be more complex, maybe because of their income or the type of security, so applications need to be expertly underwritten by knowledgeable lenders with experience of the commercial property market.

“Together considers each finance application on a case-by-case basis, meaning we’re perfectly placed to deliver the fast and flexible finance needed to get the best outcomes for our customers.”

The business adds that it is cutting the minimum loan size on its unregulated BTL products from £50,000 to £30,000 to support investors at the other end of the spectrum, who are looking to maximise yield from lower-value properties.

In September, the lender priced its first £318m residential mortgage-backed securitisation of first-charge loans.

The portfolio is made up of a portfolio of owner-occupied and buy-to-let residential mortgages, secured against properties in England, Wales and Scotland.

The firm has raised or refinanced more than £1.9bn since the beginning of this year to support its lending.