The Intermediary: Spring Finance launches bridging lending in Scotland
Specialist lender Spring Finance (Spring) has today announced they have extended their bridging products to include lending in Scotland. The launch includes their full suite of bridging products. Specialist lender Spring Finance has extended its bridging products to include lending in Scotland, including the full suite of bridging products. This followed Spring’s recent reduction in […]
Spring Finance announces launch of bridging lending in Scotland
Specialist lender Spring Finance (Spring) has today announced they have extended their bridging products to include lending in Scotland. The launch includes their full suite of bridging products. This expansion follows Spring’s recent reduction in their bridging rates. Lending in Scotland is just one part of a number of significant enhancements that are being released […]
Spring Finance extends bridging offer into Scotland
Specialist lender Spring Finance (Spring) has today announced they have extended their bridging products to include lending in Scotland. The launch includes their full suite of bridging products. This expansion follows Spring’s recent reduction in their bridging rates. Lending in Scotland is just one part of a number of significant enhancements that are being released to the […]
Spring Finance expands bridging lending to Scotland
Non-bank specialist lender Spring Finance has expanded its bridging product offerings to include lending in Scotland. The expansion, the lender said, is part of a series of enhancements planned for release in the coming months, stemming from detailed consultations with key broker partners. The company’s legal aspects in Scotland will be managed by Allan McKendrick […]
Spring Finance debuts bridging range in Scotland
The specialist lender says the move is supported by Wilson McKendrick solicitors, “who have a long history of working in the Scottish bridging finance market”. The firm offers several short-term loans, including heavy refurbishment (with drawdowns) and light development deals, ranging from £50,000 to £2m. It adds that its launch into the Scottish market comes […]
Spring Finance launches bridging lending in Scotland
Claire Newman, director of bridging at Spring (pictured above), said: “It’s an exciting time in Spring’s journey and I am very pleased that we have been able to offer a product that our brokers have been asking for. We look forward to working with our brokers on their Scottish loans.” Jim Baker, sales director of […]
Spring Finance cuts bridging rates and improves criteria
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 lender says that on the coming weeks […]
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 […]