Catalyst, the specialist property lender, has launched a Spring incentive offering intermediaries enhanced 2.50% proc fees on Everyday First Charge Bridging, Development Exit Finance, Auction Finance, and Light Refurbishment Finance.
The increased commission will be automatically applied to all qualifying applications received in March and April that complete by the end of June 2023.
Qualifying loans must have a facility of up to £1,000,000 with leverage between 70% and 75% LTV, and a minimum 9-month term applies.
Catalyst’s CEO, Chris Fairfax (pictured), said: “We’re delighted to offer brokers the opportunity to benefit from increased commission with our Spring 2.50% proc fee incentive.”
He added that Catalyst has the backing of investors and funders who are positive about the short-to-medium-term market and have a strong appetite to lend.
