Catalyst Property Finance has unveiled a streamlined range of specialist lending products, cutting rates and increasing maximum loan sizes in a move designed to sharpen its appeal to brokers and their clients.
The lender has consolidated its most in-demand products – bridging, refurbishment and development finance – into a simpler suite, with immediate enhancements including lower pricing and larger facilities.
For bridging finance, rates now start at 0.65% per month with leverage of up to 80% of open market value. Terms extend from three to 24 months and loan sizes range from £100,000 to £20m.
Refurbishment finance begins at 0.70% per month, with similar terms and limits.
Spencer Gale, sales director at Catalyst, said: “Our broker partners sit at the heart of everything we do. Whether they are directly authorised firms, members of a mortgage network or club, or specialist packagers, this refreshed product range is designed with them firmly in mind.
“By simplifying our proposition, reducing rates, and increasing loan sizes, we’re giving our introducers more flexibility and stronger solutions for their clients.
“We remain absolutely committed to working in partnership with the intermediary community, and these changes are just the beginning of an exciting journey to further support brokers, packagers and networks in helping property investors and developers achieve their ambitions.”
Anna Bennett (main picture), marketing director at Catalyst, added: “This move marks the first step in a major initiative to revitalise our product proposition. This first wave of enhancements is purely focused on consolidating and then strengthening our most essential products.
“The rate cuts and increased loan sizes underscore our commitment to providing our brokers with highly competitive specialist property finance that allows them to best support their property developer and investor clients.
“This is the first of several strategic improvements planned over the coming months as we continue to further improve our offering.”
