Bridging lender, KSEYE has reduced rates on its bespoke and ‘Lite’ bridging products on a temporary basis.
Rates have been reduced on its bespoke bridging range at every LTV banding for residential, mixed-use and commercial properties. This means that its bespoke complex residential bridging option, up to 75% LTV, is now available from 0.99% for the duration of the offer.
This temporary rate cut will also apply to its recently release ‘lite’ bridging range. As a result its headline resi-lite rate of 0.74% will now be available at the higher LTV rate of 65%.
As part of this promotion, the mixed use-lite product is now available from 0.99% at 70% LTV.
These reduced rates will apply until the end of the year. KSEYE director Nikes Khagram says this rate cut comes as the bridging market starts to speed up again, with an increasing volume of enquiries.
He added that the company had ambition targets for 2025 and is planning product developments for the months ahead.
