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BLEND slashes rates on development exit and refurbishment loans




BLEND has cut rates across its development exit and refurbishment loan products, now offering rates from 0.84% per month.

The lender’s products are available with no exit fees and an arrangement fee of 0.5%.

Loans are available up to 75% LTV (OMV) and up to £5m, giving property investors a highly cost-effective option in today’s market.

Yann Murciano, CEO at BLEND (pictured above), said: “We wanted to make a clear statement to the market.


“By cutting rates aggressively and removing any exit fee, we’re giving property investors a straightforward, transparent and highly competitive solution.

“Investors want speed, certainty and value. This move delivers all three.

“Our strategy has always been to build long-term relationships with a network of brokers who share our values.

“When a case comes to BLEND, brokers know it will be looked at seriously and progressed quickly.”

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