Alternative Bridging Corporation has reduced rates across its development finance product range, with pricing now starting from 0.995% per month.
The new rate is available up to 70% of GDV and applies to both residential-led and mixed-use development schemes.
The lender says the change is aimed at supporting brokers with more competitive and flexible funding options in a market where project viability and delivery speed remain key.
James Bloom, director at Alternative Bridging Corporation, said: “We know the importance of strong funding terms in today’s market.
“That’s why we’ve sharpened our development rates to help brokers deliver even better value to their clients.
“Whether it’s residential or mixed-use, our approach remains focused on combining competitive pricing with an experienced team that can move swiftly and reliably.”