The lender’s expanded range includes new commercial term second-charge, semi-commercial term second-charge and commercial bridge second-charge products, designed to give brokers and their clients more flexibility when raising capital without disturbing an existing first-charge mortgage.
The new products aim to support customers looking to release equity from commercial or mixed-use properties, especially where their existing first-charge rate is favourable or early repayment charges would otherwise apply.
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The new products are available at up to 65% LTV, with loan sizes up to £1m.
Tanya Elmaz, managing director of intermediary sales at Together (pictured above), said: “We’re always looking at how we can improve our products to meet market demand, and these latest launches provide brokers and their clients with even more choice.
“These updates strengthen our position in the commercial lending space, offering market-leading rates and the speed and common-sense approach that Together is known for.”
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