The six-month bridging loan was structured at 50% LTV and refinances the borrower’s existing bridge, which had reached the end of its term.

The change means legal fees can be added on top of the agreed advance, including for borrowers at maximum LTV.

StreamBank’s new HNW Structured Finance offers loans of up to £5m for up to 60 months, for borrowers who need longer than bridging finance allows.

Maslow’s AVM route covers loans of up to £1m, at up to 75% gross LTV for purchases and 60% for refinances.

The £244,000 facility combined a first-charge commercial bridge with a second-charge residential bridge.

The loan was secured at 50% LTV against a residential property.

The 12-month first charge loan sits at 66% LTV against properties valued at £3.025m.

Pivot’s bridging finance and development finance loans now start from 6% above base rate, with sizes from £2m to £15m.

The £145,000 loan sits behind a first charge of just £65,000 on a property valued at about £460,000.

GB Bank can now fund up to 100% of refurbishment costs, subject to criteria, with staged drawdowns and rolled-up interest options.