Pricing now starts from, 0.66% for residential loans, 0.74% for semi-commercial loans, and 0.80% for commercial loans.
The lender said the changes were designed to offer brokers more competitive options when supporting clients with time-sensitive or complex transactions.
For commercial and semi-commercial borrowers, the 60bps rate reduction is intended to support larger, higher-value projects while keeping costs under control.
Meanwhile, for residential borrowers, the new pricing is aimed at improving affordability and flexibility.
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Commenting on the changes, Marios Theophanous, credit manager at London Credit (pictured above), said: “This reduction of up to 60bps means we have semi-commercial rates that start from as low as 0.74% for semi-commercial and 0.80% for commercial loans.
“Our approach is deliberately hands-on, giving brokers direct access to decision-makers and a clear line of sight throughout the process.”
The news follows the firm making 10bps rate reduction across its commercial and semi-commercial bridging products in April.
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