Inspired Lending has reduced rates across its product range, with pricing now starting from 0.89% per month. The change, effective immediately, applies to all new loans and reflects a reduction in the lender’s cost of funding.
The new rates are aimed at property investors and developers seeking short-term finance for purchases, refurbishments, or capital raising where speed, flexibility or asset type may limit access to mainstream options.
Gavin Diamond, CEO of Inspired Lending, said: “We’ve been pleased with the growth we’ve achieved over the past 18 months and the trust we’ve built with brokers across the market.
“This rate reduction is a direct result of a drop in our cost of funding, and we’re passing that benefit on to our clients. At a time when bridging has an important role to play in unlocking opportunities, we want to make sure we remain competitive and accessible.”
Inspired Lending recently completed a £1.1m facility to support a structural refurbishment project in South Yorkshire. The loan covered 100% of both the purchase price and build costs, secured against two properties and released in tranches.
