Inspired Lending has announced a rate reduction across its bridging product range, with the new prices now starting from 0.79% per month, down from the previous minimum of 0.89% per month.
The new rates are available immediately and apply to all new loans.
Inspired Lending was also recently introduced a flexible financing facility designed for real estate professionals with existing portfolios who need structured, relationship-oriented financing rather than an off-the-shelf product.
Commenting on the product offering, Gavin Diamond, CEO of Inspired Lending, said: “Our introducers are recommending us to more and more borrowers with simple, lower LTV deals and we think there is an opportunity to attract even more of these types of businesses.
“This rate reduction reflects our desire to offer more of these types of borrowers access to our pragmatic, solutions-oriented approach.”