Aspen Bridging unveils rate reductions at inaugural ‘Spring Party’

Aspen Bridging hosted over 100 brokers at its first spring party last week at the new Kitty Hawk Rooftop Bar near Trafalgar Square, revealing its latest rate card reductions and service innovations. 

Jack Coombs, managing director at Aspen Bridging, said the lender had cut bridging and buy-to-let (BTL) rates by up to 0.72% and launched a new structured finance option for loans up to £15m net. 

The firm also set a target to reach £1bn in lending this year.

Coombs said: “We are fortunate to have such excellent broker partnerships and it was great to celebrate with them at our first Spring Party.

“This new annual event is about forging closer relationships and getting brokers face-to-face, not just with sales but also the underwriting and credit teams. 

“Specialist finance is a people industry and our trusted relationships help us drive growth.”

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