StreamBank unveils new StreamLine product

Published on

StreamBank has launched its new StreamLine bridging product for those looking for larger residential bridging loans, via a quicker approval process.

Rates start at 0.65% per month for loan sizes between £500,000 and £1.5 million, up to a maximum of 65% LTV.

Targeting high-value, clean-credit cases, the product introduces straight-through processing for properties valued at up to £1 million using Automated Valuation Models (AVMs) and up to £2 million with desktop valuations.

This new offering is suited to clients with clean credit histories seeking bridging finance for high-value residential properties.

Roz Cawood (pictured), managing director of lending at StreamBank, said: “The launch of our StreamLine bridging product signals that we’re starting the year on a high. By offering highly competitive rates and streamlining the application process for larger, high-quality cases, we’re delivering a solution tailored to the evolving needs of the market.

“With rates starting 5bps lower than our current best product and flexible valuation options, this product will give brokers greater confidence in offering fast, reliable bridging solutions to their clients.”

Latest POLL

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

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...