Bridge Help unveils new buy-to-let rate

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Bridging finance provider Bridge Help has reduced its buy-to-let rate by a 0.25 percentage points per month.

It is available with a maximum loan size of £2 million up to 75% loan to value (LTV) of open market value.

The product now starts from 0.75%, with no exit fees and brokers being offered a 1.5% procuration fee.

Chris Sellars (pictured), chief executive of Bridge Help, said: “Our new buy-to-let loan rate was initially launched at the beginning of the year as a special offer. Demand has been so strong that we have decided it will remain as an ongoing offer in Bridge Help’s product portfolio.

“It means borrowers and brokers are ideally positioned to take advantage of new property investment opportunities as we transition out of lockdown and puts us on track for record growth.”

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