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Oblix Capital makes bridging rate reductions

by Kevin Rose
16 August 2018
0
InterBay improves BTL and commercial offering
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Oblix Capital will be reducing rates across its bridging finance range.

The news follows on from a growth period for the lender which has seen it secure a new funding line with One Savings Bank.

Changes include a 0.05 percentage point cut on its 75% LTV residential bridging rate.

In addition both commercial and semi-commercial bridge products have had an entire rate reduction across every loan to value size.

Andy Reid (pictured), Oblix’s sales director, said: “As a business, we are currently undergoing a very strong growth period and our latest investments into a brand-new offices along with a full rate reduction underpins our ambition to be a long-term partner for our clients and intermediaries.

“We are constantly reviewing our products and services to ensure we consistently support our partners projects and growth plans in the best way possible.  This rate reduction will also be a timely boost considering the recent base rate increases.”

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

No Result
View All Result
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • COVER
    • General insurance
    • Landlord insurance
    • Protection
      • Critical illness
      • Income protection
      • Group protection
      • Life cover
      • PMI
  • DEBT
  • DISTRIBUTION
  • LOANS
  • RETIREMENT
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Lending into retirement
    • Pensions
    • Retirement borrowing

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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