The new product aims to give brokers more flexibility in structuring commercial property deals, especially when borrowers prefer to pay interest monthly rather than roll it up over the...

The £522,500 bridging loan completed in 12 days at 65% LTV despite planning consent not yet being submitted.

The £8.25m bridging facility supported the acquisition and repositioning of an £11m London residential portfolio across three SPVs.

Pricing at 75% LTV has dropped from 1.00% pm to 0.90% pm.

Funding 365's Light Refurbishment product funds up to 100% of works costs in arrears, capped at 40% of open market value.

The 10-month loan completed at 75% LTV, enabling the redemption of three existing facilities at the same time.

The bridging facility totalled £1.275m and was structured at 75% LTV over 12 months.

UTB says that the average time between offer and draw-down has fallen from 57 days to 30 days.

The loan was agreed at 59% LTV on assets valued at £8.65m.

The facility runs for 24 months, providing short-term flexibility for the borrower.