Mirroring many of the industry’s leading brokers and service providers, UK Property Finance Ltd has announced a massive reduction in bridging loan rates.  As part of an on-going strategy to improve both customer service and value for money, many bridging finance products are now available with record-low rates of interest. Incredibly, qualifying customers can now access essential development finance from as little as 0.46% per month on loan-to-value ratios of 50%.

As an established, experienced and respected UK broker, UK Property Finance Ltd is able to offer innovative and flexible financial products with the most competitive borrowing costs. Over the past couple of years, borrowers from domestic and business demographics alike have been increasingly exploring the benefits of bridging loans, as an alternative to conventional loans and mortgage products. Despite the fact that interest rates in general have been hovering around record-lows for some time, major banks and lenders have become increasingly selective with regard to those who qualified for financial support.  Which in turn means that while low-cost products have been available, they have often proved to be inaccessible.

What sets bridging loans apart from all other types of residential and commercial finance is the way in which they are not only so much easier to access, but can be uniquely affordable. Bridging loans differ from conventional loans by making the required capital available as quickly as possible, while attaching repayment terms that usually extend for no more than a year. When loans are paid back quicker, overall borrowing costs and complexities in general are reduced significantly.

All of which is precisely why bridging loans have become exceptionally popular as a form of development finance. Both property developers and buy-to-let landlords alike often find themselves in positions where they are forced to pass up golden investment or redevelopment opportunities, simply due to the inability to secure the required funding quickly enough and with agreeable terms. Auctioned properties, repossessions, buildings in need of remodelling and so on – business opportunities that may demand immediate availability of funding, in order to be capitalised on.

These are exactly the kinds of requirements that make bridging loans such an attractive prospect, removing the complications of conventional loans and providing a quickly accessible financial injection. And with interest rates having once again been slashed to the lowest levels ever recorded, there’s never been a better time to explore the options with intelligent, alternative financial products.

Finding out exactly what’s on offer is as simple as using an online bridging loan calculator to see the kinds of loans available and applicable repayment terms. The services are offered 100% free of charge by companies like UK Property Finance Ltd, who champion the ease of access to information and total customer support of the highest calibre.

So whether in need of immediate financial support to make the most of any residential or commercial opportunity that presents itself, it could well be time to prioritise bridging loans.