BFS unveils its lowest bridging rate yet

Published on

Bridging Finance Solutions (BFS) has announced that its rates will start from 0.75% per calendar month on terms of up to 12 months.

Jeanette Gwatkin (pictured), director of marketing at Bridging Finance Solutions, said: “We’re incredibly excited about 2017 and wanted to start the new year with a strong incentive for both our existing and potential customers. Our latest offer of 0.75% is incredibly competitive and we believe will prove most attractive to both individuals and businesses looking to secure short term finance.

“We continue to look at our business offering, and as we take our next leap in terms of growth and expansion, recognise the need to incentivise new clients with what are undoubtedly some of the lowest rates available. For a true bridging product, we offer a seven to 10 day completion rather than weeks.”

Bridging Finance Solutions saw its strongest year to date in terms of turnover in 2016 and is anticipating another strong year ahead, once again doubling turnover.

Gwatkin added: “We have set ourselves some fairly ambitious targets but believe that these are very much achievable. We have honed and developed our business model and are rolling this out on a national scale whilst still servicing the North West market where our roots traditionally lie.

“Our flexibility and appetite for lower value loans continues to ensure we stand out from the crowd – I believe now these lower interest rates will further give us an edge in our market place.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Homeowners delay energy upgrades amid confusion over EPC ratings

More than two-fifths of UK homeowners have delayed or are considering delaying energy-efficiency improvements,...

Lengthy completions put mortgage offers under pressure

Homebuyers face an average five-month wait between agreeing a sale and completing, increasing the...

Insured expats still face barriers to healthcare

More than half of insured expatriates have delayed or gone without necessary healthcare because...

Mortgage lending rebounds but book growth lags

UK mortgage gross lending increased by more than a fifth during 2025, although substantially...

Foundation backs complex Oxfordshire holiday-let purchase

Foundation has provided a £153,700 mortgage for an experienced landlord buying a newly developed...

Latest publication

Other news

Q&A: Kristofer Day, TAB

Mortgage Soup fires the questions at Kristofer "Kris" Day of specialist lender TAB. Mortgage Soup...

Homeowners delay energy upgrades amid confusion over EPC ratings

More than two-fifths of UK homeowners have delayed or are considering delaying energy-efficiency improvements,...

Lengthy completions put mortgage offers under pressure

Homebuyers face an average five-month wait between agreeing a sale and completing, increasing the...