Specialist lender Catalyst has introduced new automated valuation model (AVM) and desktop valuation bridging products.

Collaborating with Rightmove AVM and VAS Assurance, the range offers a streamlined solution for brokers seeking bridging finance for their clients.

Catalyst AVMs are free and available for qualifying applications up to 65% LTV, lending on property values from up to £500,000.

Catalyst desktop’ valuations cost from £200 to £500, and are available for qualifying applications up to 70% LTV, lending on property values up to £1m.

Loans are available for UK individuals, limited companies/LLPs and offshore ltd companies. Terms run from 3 to 24 months; cosmetic works are allowed and borrowers with some adverse credit may be considered.

Commenting on the new products Catalyst chief executive Chris Fairfax said: “Having worked as an intermediary in the bridging space for over a decade, I know that cost and speed of transaction can have a huge impact on the success of securing the deal with your client.

“This year, I have tasked my team to further improve the way we support our broker partners; launching these AVM and Desktop Valuation bridging products is part of our plan to deliver even more incredible service.”