New rate cuts include a 60bps reduction for 80% Heavy Refurbishment loans and stepped rates starting at 0.39% per month.

The deal was completed at 75% loan-to-value with a 0.39% initial rate.

Aspen has recently reduced its heavy refurb rate to 0.78% 

No Valuation refurbishment loans now offer up to 80% LTV, increased from 75%.

The facility was issued at 65% LTV on a 16-month term with a flat rate of 0.78%.

Heavy refurbishment loans have been reduced by 72bps to 0.83% pm at 80% LTV.

The deal was completed on Aspen’s Flat Rate at 0.87% over 12 months, while the exit will be achieved through the sale of the property.

The deal was completed on Aspen’s stepped rate at an initial 0.55% over a 10-month term.

Exit will be achieved through the sale of all six units

The latest agreement from Aspen helped the applicant to cover an existing finance agreement, recommencement of works, and further drawdowns.