Together lowers rates on regulated bridging products Mortgage Finance Gazette

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Together has reduced rates on regulated bridging products up to 60% loan-to-value (LTV).

The lowest rate on first charge regulated bridging products is 0.85% and will now be available up to 60% LTV, which was previously only available to those borrowing up to 50%.

The lowest rates on the specialist property lender’s second charge regulated bridging products will also be available up to 60% LTV, up from 50% LTV.

Together director of intermediary sales Tanya Elmaz says: “In line with the market, we are incredibly pleased to be able to reduce rates on some of our products.”

Elmaz adds: “With our internal legal team, we are able to process applications incredibly fast and can reduce the overall cost, and our automated valuations only improve the process further.”