Aspen is cutting bridging rates by 60 basis points on all its loans to UK developers and foreign national investors.
The lender’s heavy renovation bridge is available at 0.74% per month at an 80% LTV and the residential and development exit is now 0.74% per month at a 75% LTV.
Aspen’s unrated rates, including renovations, have dropped to 0.79% per month for an LTV of 80%.
Tiered rates, available for all products and customers, now start from 0.35% per month.
Foreign national, semi-commercial and commercial rates have been reduced to 0.84% per month, while ground-up has been reduced to 0.79% per month.
Jack Coombs, Chief Operating Officer at Aspen’s parent company S&U PLC, said: “In this rapidly evolving financial market, it is essential that we remain competitive.
“These discounts, in addition to our excellent customer service, will ensure we are the lender of choice for agents representing high-quality UK developers and foreign national investors.”
Aspen’s bridging products are available for net loans between £200,000 and £15 million, for UK and overseas nationals and for projects throughout England and Wales.
In August 2025, Aspen has appointed Kevin Beale as a business development manager in the Midlands and Northern regions.