Spring Finance implements criteria changes
It also announces plans to introduce new products and extend lending services to Scotland. Non-bank specialist lender Spring Finance has announced criteria improvements, alongside rate reductions across its range of bridging products. Spring now offers up to 75% loan-to-value (LTV) for residential property purchases. It has also raised the automated valuation model (AVM) loan sizes […]
Spring reveals bridging rate reductions and enhanced criteria
Specialist lender Spring Finance has reduced rates across its bridging product range and enhanced criteria with 75% LTV now being available for residential property purchases. AVM loan sizes have increased to £200,000 for all first-charge bridging loans up to 65% LTV, with no upper limit on property value. The changes are the first of a […]
Spring Finance cuts bridging rates and updates criteria
Specialist lender Spring Finance has reduced rates across its bridging products. The lender has also made changes to the range, with 75% loan to value (LTV) borrowing now available for residential property purchases. Spring Finance has increased the maximum loan size for automated valuation models (AVMs) to £200,000 for all first charge bridging loans up […]
Spring Finance enhances criteria and cuts bridging rates
Spring Finance has reduced rates across its bridging product range and enhanced criteria with residential property purchases now available up to 75% LTV. AVM loan sizes have increased to £200,000 for all first charge bridging loans up to 65% LTV, with no upper limit on property value. The changes are the first of a series […]