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.

The loan was arranged and submitted within four days.

Market Financial Solutions has reduced rates across its fixed-rate bridging loan range, offering more competitive terms for property investors and brokers.

The deal completed in six weeks with a 12-month term at 1% retained monthly interest.

The new rates apply immediately across all new lending.