KSEYE launches ‘low-rate’ Lite bridging offering

Published on

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.”

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

L&G Mortgage Club adds estate agency referral service

L&G Mortgage Club has partnered with GOTO Estate Agency to launch a referral service...

Family BS relaunches fixed rates with 0.60% increase

Family Building Society has reintroduced its fixed-rate mortgage range with rates increased by 0.60...

Mortgage rates face further pressure as inflation rises to 3.1%

Mortgage rates could face further upward pressure after UK inflation climbed back above 3%...

OneDome takes integrated homebuying service nationwide

OneDome has launched a national television campaign promoting its integrated homebuying service, which brings...

Buyers put greater premium on energy-efficient homes

Energy efficiency is playing a growing role in homebuying decisions, with almost three-quarters of...

Latest publication

Other news

L&G Mortgage Club adds estate agency referral service

L&G Mortgage Club has partnered with GOTO Estate Agency to launch a referral service...

Family BS relaunches fixed rates with 0.60% increase

Family Building Society has reintroduced its fixed-rate mortgage range with rates increased by 0.60...

Mortgage rates face further pressure as inflation rises to 3.1%

Mortgage rates could face further upward pressure after UK inflation climbed back above 3%...