The new process allows both lender and borrower to use the same solicitor to reduce legal delays.

New SDLT rules took effect on 1 April 2025, driving developer interest in mixed-use assets

The lender refinanced the site, which is strategically located in an area of the Southeast that is experiencing significant regeneration.

23% of bridging loans were used for investment purchases in Q1 2025.

Potential delays were avoided by bringing in the borrower’s original solicitor, speeding up the completion.

Q1 2025 bridging applications jumped 55.3% to £18.34bn

Rates start from 0.66% per month with title insurance included

This latest deal follows the completion of an £8.25m loan facility against a former airport hotel property earlier this month.

Residential 1st charge refurbishment rates cut to 0.89% up to 70% LTV

The deal completed at 70% loan-to-value with a 1.10% flat rate over 12 months.