Bridging lender KSEYE has launched a new Lite product range covering residential, commercial and mixed-use bridging products.
This new product range is available for properties in London and the home counties, with Resi-Lite bridging loans starting from 0.74%.
Commercial-Lite bridging loans start at 1.05%, and Mixed Use-Lite bridging loans start at 0.95%.
KSEYE says it has introduced this new product in response to the high volume of enquiries it has received so far in 2024, identifying a need for a more predictable bridging loan products, with competitive upfront pricing.
Nikes Khagram (pictured), director and co-founder of KSEYE said: “The property market is starting to move quickly following the recent BoE base rate reduction, so the time is right now to launch a product that we’re very excited about. With this new range, will will provide brokers with a truly competitive and compelling product offering for their clients.
“Combined with our strong service levels, rapid response times and ability to deal with complex bridging quickly with our in-house legal team, we look forward to introducing the KSEYE experience to brokers of all sizes in support of their clients’ property investments.”