Property lender Together has announced the reduction of rates across a number of products.
For regulated bridging loans, rates are from 0.81% for loans up to £1m, and 0.70% for loans starting from £1m.
Variable rates for buy-to-let products begin at 8.54%, and homeowner business loans are available from 9.80%. For commercial term loans, rates start at 8.44%, and for semi-commercial term loans 7.69%.
In addition, unregulated residential bridging loans start from 0.87%, and unregulated commercial bridging loans begin at 0.98%.
Together’s reductions come despite the most recent Bank of England decision to hold rates last week, demonstrating the company’s commitment to supporting its customers.
Tanya Elmaz, managing director of intermediary sales at Together, says: “We’re committed to delivering the best possible outcomes for both brokers and customers, and these rate reductions reflect that.
“By aligning our pricing with the Bank of England’s recent cut, we’re making our products more accessible and competitive. It’s another step in ensuring our partners can offer real value and flexibility to their clients, especially in a market that continues to evolve.
“For our valued intermediary partners, changes like this are essential to increasing the funding amounts that customers can borrow, helping to place more cases. We look forward to continuing to working with our broker partners helping them secure the best solutions for their clients.”
Product changes:
| Product | Rates starting from… |
| Regulated Bridge | 0.70% (Loans above £1million) |
| BTL (Variable) | 8.54% |
| HOBL (Variable) | 10.29% |
| Commercial Term | 8.44% (7% Fee) |
| Semi Commercial Term | 7.69% (7% Fee) |
| Unregulated Residential Bridge | 0.87% |
| Unregulated Commercial Bridge | 0.98% |
