Blue Square Capital relaunches fixed-rate bridging range




Blue Square Capital has relaunched its fixed-rate bridging proposition.

The revamped range now offers loans from £150,000 to £5m up to 65% LTV of market value on both first and second charge loans.

Loans will be available for residential, commercial, and semi-commercial properties in England and Wales.

According to the lender, borrowers can expect quick decisions with a DIP provided the same day.


Commenting on the relaunch, Daniel Glicksman, head of originations at Blue Square Capital, said: “The climate has changed giving us the confidence to bring back our fixed-rate bridge.

“We have listened to feedback from our introducers and their clients over the past few weeks and this now provides the certainty needed by borrowers that their rate is fixed for the duration of the loan term.”

Senior BDM, Shahed Popat, added: “This is a step in the right direction, particularly with regards to putting the borrower first.”

 

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