Brokers and developers can now access bridging deals from 0.75% per month up to 75% LTV and development loans from 0.8% up to 70% LTGDV.

The rate reductions apply to individual loans from £100,000 to £10m with pre-agreed credit lines available to support faster drawdown of up to £20m to cover successive projects.

Leigh Bartlett, MSP Capital’s chief executive (pictured above), said the package of lower rates have been made possible thanks to a “gamechanging” £350m in new funding lines announced in this summer.

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The facility, involving investment partners JP Morgan and Pollen Street Capital, is designed to complement existing funding lines that were already in place with Pollen Street Capital, Shawbrook Bank, and Cabot Square Capital while MSP looks to grow its loan book to £750m over the next five years.

Leigh, who joined MSP Capital in autumn 2024, said: “Agreeing the facility has been the pivotal turning point of my first year, a real gamechanger.

“It was a strategic move that creates scope for growth in our areas of expertise — development and bridging loans — and heightens our capacity to fund larger, more diverse projects.

“With 44 years’ experience of property finance, we’ve chosen to reduce rates now, substantially, as we believe there is appetite among borrowers for a welcome boost to confidence and profit margins.”

Leigh continued: “As a principal lender, we can guarantee certainty of funds and having a package based on relationship-led lending means we can tailor solutions directly to what borrowers are looking for.

“We want to give something back to the developer and broker community through competitive pricing coupled with certainty, speed and value.”