Bridging Loan News

Specialist lender Together has launched a new heavy refurbishment bridging product designed for extensive property renovations. The new product offers up to 70% LTGDV (Loan to Gross Development Value), staged drawdowns, and flexible QS requirements. It's aimed at experienced developers undertaking structural works, extensions, and change of use projects.

Glenhawk has announced an expansion of its lending criteria to include more Scottish properties, including those with non-standard tenure arrangements. The move comes as demand for bridging finance in Scotland continues to grow, particularly for auction purchases and refurbishment projects in Edinburgh and Glasgow.