Alternative Bridging Corporation has cut the rate on its bridging loans up to 70% LTV down to 0.60%.

This rate cut is the latest proposition enhancement from Alternative Bridging, which recently launched a new range for light and heavy refurbishments on residential and commercial property.

The bridging finance lender has continued to invest in supporting brokers with a growing business development team.

The move also follows Alternative Bridging’s recently announced partnership with Nivo earlier this month, which saw the lender create a new app based solution to make its application process quicker and easier for customers and administration staff.

Alternative Bridging Corporation director, Jonathan Rubins, said: “We’ve got nearly 30 years in property lending and we know what it takes to deliver the right solution for a client, with cases that are individually underwritten by a team of experts, and a short line of command so decisions can be made simply and swiftly.

“We understand the importance of delivering on our promises and building long-standing relationships – but we also know that cost is always a consideration for borrowers. We are continually reviewing our offering to ensure that we can continue to deliver the most competitive rates alongside the most impressive service.”

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