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Tag: Bridging Finance

  • TAB Urges Planning Reform to Boost Bridging Finance Sector

    TAB Urges Planning Reform to Boost Bridging Finance Sector

    The commercial mortgage and bridging finance sector is calling for urgent planning reforms and enhanced support for landlords from the next Prime Minister. TAB, a notable player in the specialist finance market, has highlighted that current planning delays and tax policies are hindering investment in commercial and mixed-use properties, which is important for addressing the housing supply crisis.

    TL;DR: TAB advocates for planning reforms, including statutory deadlines and support for landlords; these changes could stimulate investment and increase housing supply.

    What Planning Reforms Are Needed?

    Karen Rodrigues, sales director at TAB, has emphasized the need for a modernized planning system that includes statutory deadlines and better resourcing for local authorities. This reform aims to expedite the approval process for change-of-use applications, particularly for converting vacant retail and office spaces into mixed-use developments. Rodrigues noted that while TAB is capable of delivering commercial mortgages quickly, the sluggish planning system is a significant barrier for investors and businesses.

    How Will This Impact Landlords and Property Investors?

    Rodrigues argues that the private rented sector (PRS) plays a vital role in meeting housing demand, especially in light of the ongoing social housing shortfall. She has called on the next government to support landlords, who have often been viewed merely as a tax revenue source. Key proposals include reinstating mortgage interest tax relief for individual landlords, abolishing the stamp duty surcharge, and bringing back the Wear and Tear Allowance. These changes could significantly alleviate the financial burden on landlords and encourage more investment in rental properties.

    What Changes Are Suggested for Business Rates?

    Another area of concern highlighted by TAB is the need for reforming business rates. Rodrigues believes that reducing costs for independent retailers and hospitality businesses would benefit high streets and the tenants of semi-commercial properties. Lower business rates could rejuvenate local economies and support the viability of mixed-use developments, which are essential for community regeneration.

    What This Means for Bridging Finance

    For borrowers and investors in the bridging finance sector, the proposed reforms could lead to a more dynamic property market. By reducing transactional friction, such as high stamp duty rates, the government could enable more deals to go through, benefiting both lenders and borrowers. As TAB focuses on increasing lending momentum, these reforms are essential for creating a conducive environment for property investment and development.

    Frequently asked questions

    What is bridging finance?

    Bridging finance is a short-term loan designed to bridge the gap between immediate funding needs and long-term financing solutions. It’s often used in property transactions to secure quick funding for purchases or renovations.

    How can landlords benefit from proposed tax reforms?

    Proposed tax reforms, such as reinstating mortgage interest tax relief and abolishing the stamp duty surcharge, could reduce financial pressures on landlords, making it easier for them to maintain and expand their rental portfolios.

  • Planning Reform and Landlord Support in Bridging Finance

    Planning Reform and Landlord Support in Bridging Finance

    The commercial mortgage and bridging finance sector is urging the next Prime Minister to implement significant planning reforms and provide support for landlords. With the current planning delays and restrictive tax policies, the sector believes that these changes are essential to boost housing supply and stimulate economic growth.

    TL;DR: The next Prime Minister must prioritise planning reform and landlord support to unlock housing supply; current delays and tax policies hinder investment in property markets.

    What Planning Reforms Are Needed?

    According to industry experts, the planning system in the UK requires urgent reform. The sales director at TAB highlighted the need for a refreshed planning system that includes statutory deadlines and increased resources for local authorities. A presumption in favour of converting redundant commercial spaces into residential units is also suggested. This would expedite the approval process for change-of-use applications, allowing vacant retail and office units to be transformed into mixed-use developments.

    How Do Current Policies Affect Landlords?

    The private rented sector (PRS) plays a vital role in meeting the UK’s housing demand. However, landlords have faced increasing challenges due to policies that treat them primarily as sources of tax revenue. The call for reform includes reinstating mortgage interest tax relief for individual landlords, scrapping the stamp duty surcharge, and bringing back the Wear and Tear Allowance. These changes would alleviate financial pressures on landlords and encourage investment in rental properties.

    What Does This Mean for Bridging Finance?

    For property investors, the proposed reforms could unlock significant opportunities in bridging finance. The current planning system hampers the speed at which projects can be completed, leading to lost investment potential. By advocating for reforms that reduce transactional friction, such as adjusting stamp duty rates on commercial and mixed-use acquisitions, the industry aims to create a more conducive environment for property investment. This could lead to increased regeneration projects and a more vibrant high street.

    What This Means for Landlords and Borrowers

    Landlords and borrowers in the bridging finance sector should closely monitor these developments. The proposed changes could enhance the viability of property investments, making it easier to secure funding and complete projects. With a more supportive framework, landlords may find it easier to manage their properties and meet the growing housing demand. This could also lead to a more competitive rental market, benefiting tenants as well.

    Frequently asked questions

    What is bridging finance?

    Bridging finance is a short-term loan used to bridge the gap between the purchase of a property and securing long-term financing. It is often used in property transactions to facilitate quick purchases.

    How can I benefit from planning reforms as a landlord?

    Planning reforms could simplify the process of converting properties and reduce the financial burden of taxation, making it easier for landlords to manage their investments and respond to housing demand.

  • TAB Expands Bridging Finance Options with TMA Mortgage Club

    TAB Expands Bridging Finance Options with TMA Mortgage Club

    In a significant development for the UK property finance sector, TAB has joined the lending panel of TMA Mortgage Club. This partnership allows TMA members to access TAB’s diverse range of specialist property finance products, including residential, semi-commercial, and commercial mortgages, as well as bridging loans. The collaboration aims to enhance options for brokers and their clients, particularly in the specialist finance market.

    TL;DR: TAB’s inclusion in TMA Mortgage Club enables brokers to offer a wider array of bridging finance options; this is expected to benefit property investors seeking competitive rates and flexible terms.

    What Products Does TAB Offer?

    TAB provides a comprehensive suite of property finance solutions tailored for various needs. Their mortgage offerings cater to property investors, with interest rates starting from 3.50% plus the Bank of England base rate. Loans range from £100,000 to £5 million, available on an interest-only basis. For residential assets, TAB offers loan-to-value (LTV) ratios of up to 75%, while commercial properties can secure up to 70% LTV.

    In addition to traditional mortgages, TAB’s bridging finance options are noteworthy. They provide loans from £100,000 to £5 million, with terms extending up to 24 months and rates starting at 0.68% per month. This flexibility can be important for investors needing quick access to funds for property purchases or renovations.

    How Does This Impact Brokers and Their Clients?

    The addition of TAB to the TMA Mortgage Club panel significantly broadens the choices available to brokers. With TAB’s established track record of lending £759 million since its inception in 2018, brokers can feel more confident in recommending their products. The recent £500 million facility secured from CarVal further strengthens TAB’s funding capabilities, enhancing their reliability in a fluctuating market.

    Brokers will now have access to a wider array of bridging finance options, which can be particularly beneficial in a competitive property market where speed and flexibility are essential. This partnership is expected to empower brokers to better serve their clients’ diverse financing needs.

    What This Means for Bridging Finance and Property Investors

    For property investors, the collaboration between TAB and TMA Mortgage Club opens up new avenues for financing. The availability of competitive bridging finance rates and flexible terms can facilitate quicker transactions, which is vital for investors looking to capitalise on opportunities, such as purchasing properties at auction or funding renovations. Investors will find TAB’s offerings particularly advantageous.

    As the property market continues to evolve, having access to a range of financing options will be important for investors aiming to maximise their portfolios. The increased competition among lenders may also lead to better rates and terms for borrowers. For more information on the options available, check out our bridging finance guide.

    Frequently Asked Questions

    What types of loans does TAB provide?

    TAB offers a variety of loans, including residential, semi-commercial, and commercial mortgages, as well as bridging loans, with amounts ranging from £100,000 to £5 million.

    How can brokers benefit from TAB’s partnership with TMA?

    Brokers can access a broader range of specialist property finance products, enhancing their ability to meet diverse client needs and offer competitive options in the market.

  • TAB Urges Planning Reform for Bridging Finance Growth

    TAB Urges Planning Reform for Bridging Finance Growth

    The commercial mortgage and bridging finance sector is calling for significant planning reforms and increased support for landlords from the next Prime Minister. TAB, a commercial mortgage and bridging lender, highlights that current planning delays and tax policies are hindering investment in regeneration projects and housing supply, which is important for economic growth.

    TL;DR: TAB emphasizes the need for urgent planning reforms to expedite development; landlords are urged to receive more support as they play a vital role in addressing housing demand.

    What Planning Reforms Does TAB Propose?

    Karen Rodrigues, sales director at TAB, stresses that the next Prime Minister must prioritize a refreshed planning system. Key proposals include establishing statutory deadlines for planning approvals, enhancing local authority resources, and promoting the conversion of redundant commercial spaces into mixed-use developments. These changes aim to speed up the approval process for change-of-use applications, which currently face significant delays.

    Rodrigues points out that while TAB is capable of delivering commercial mortgages swiftly, the sluggish planning system hampers progress for businesses and investors. By reforming planning regulations, the government could unlock various projects, stimulate community regeneration, and ultimately support broader economic growth.

    How Will This Impact Landlords and Investors?

    Landlords are a critical component of the UK housing market, particularly in the private rented sector (PRS). TAB argues that the next government must recognize the importance of landlords in meeting housing demand, especially as social housing delivery lags behind. Rodrigues calls for the removal of excessive red tape and fiscal burdens that have historically targeted private landlords.

    Among the suggested reforms are the reinstatement of mortgage interest tax relief for individual landlords, the elimination of the stamp duty surcharge, and the reintroduction of the Wear and Tear Allowance. These measures would alleviate financial pressures on landlords, encouraging them to invest in their properties and contribute to the housing supply.

    What Changes Are Needed for Business Rates?

    Business rates reform is another area highlighted by TAB, with Rodrigues advocating for reduced costs for independent retailers and hospitality businesses. Lowering business rates could significantly benefit high streets and support tenants in semi-commercial properties, enhancing the viability of local businesses.

    Rodrigues emphasizes that the next Prime Minister should create conditions that allow local businesses to thrive, which would, in turn, rejuvenate high streets. This includes potential reforms to stamp duty, such as lower rates on commercial and mixed-use acquisitions or reliefs for bringing vacant buildings back into use. The current tax market often discourages sensible deals, making it essential to address these issues to stimulate activity in the property market.

    What This Means for Bridging Finance

    For those involved in bridging finance, the proposed reforms could lead to increased opportunities for investment and development. A more efficient planning system would allow bridging finance providers to facilitate quicker transactions, ultimately benefiting borrowers and investors alike. With the right support and reforms in place, the bridging finance sector could play a pivotal role in addressing the UK’s housing challenges.

    Frequently asked questions

    What is bridging finance?

    Bridging finance is a short-term loan used to bridge the gap between the purchase of a new property and the sale of an existing one. It is often used in property transactions where quick access to funds is necessary.

    How can planning reforms benefit property investors?

    Planning reforms can streamline the approval process for property developments, reduce delays, and create a more favorable environment for investment, ultimately leading to increased housing supply and regeneration opportunities.

  • Planning Reform Needed to Boost Bridging Finance Sector

    Planning Reform Needed to Boost Bridging Finance Sector

    The call for planning reform and landlord support has intensified as the next Prime Minister prepares to take office. TAB, a commercial mortgage and bridging lender, argues that the specialist finance sector can significantly contribute to housing supply and regeneration projects. However, current planning delays and tax policies are hindering investment in commercial and mixed-use property markets.

    TL;DR: TAB urges the next Prime Minister to implement planning reforms to expedite development; this will directly benefit landlords and investors seeking to rejuvenate the property market.

    What Planning Reforms Are Needed?

    Karen Rodrigues, sales director at TAB, emphasizes the necessity of a revamped planning system. She advocates for the introduction of statutory deadlines, enhanced local authority resources, and a presumption in favour of converting redundant commercial spaces. These changes would streamline the approval process for change-of-use applications, making it easier to transform vacant retail and office units into mixed-use developments.

    Rodrigues highlights the disparity between the speed of commercial mortgage delivery and the sluggish planning process, stating that while TAB can offer bridging finance quickly, the planning system often lags behind. This slow pace is detrimental to businesses and investors who rely on timely approvals to move projects forward.

    How Will This Impact Landlords?

    According to TAB, the private rented sector (PRS) plays a vital role in addressing housing demand, especially as the country grapples with a shortage of social housing. Rodrigues argues that the next government must support landlords, who have been treated primarily as tax revenue sources by successive administrations.

    Key suggestions for reform include reinstating mortgage interest tax relief for individual landlords, eliminating the stamp duty surcharge, and reviving the Wear and Tear Allowance. These measures would alleviate financial pressures on landlords, encouraging them to invest in and maintain rental properties, which is essential for meeting housing needs.

    What Changes Are Needed for Business Rates?

    Rodrigues also calls for a reassessment of business rates, which she describes as a significant burden on high streets and mixed-use investments. She advocates for lower rates for independent retailers and hospitality businesses, arguing that such policies would support tenants in semi-commercial properties and help rejuvenate struggling high streets.

    By reducing business rates, the government could create a more conducive environment for local businesses, which in turn would benefit landlords and investors in the commercial property sector.

    How Does This Relate to Bridging Finance?

    For property investors and borrowers, the proposed reforms could unlock new opportunities in the bridging finance sector. A more efficient planning system would facilitate quicker project approvals, allowing investors to capitalize on market opportunities without the delays currently experienced. Additionally, reforms aimed at supporting landlords could enhance the attractiveness of the rental market, encouraging more investment in residential properties.

    As the next Prime Minister takes office, stakeholders in the property market should closely monitor any announcements regarding these reforms, as they will directly impact investment strategies and financing options. For more information on how bridging finance can be utilized in property investments, consider reviewing our bridging finance guide.

    Frequently asked questions

    What is bridging finance?

    Bridging finance is a short-term loan used to bridge the gap between purchasing a new property and selling an existing one. It is often used in property transactions to provide quick access to funds.

    How can planning reform benefit property investors?

    Planning reform can expedite the approval process for developments, allowing property investors to complete projects more quickly and efficiently, thus maximizing their investment potential.

  • TAB Expands Bridging Finance Options for TMA Mortgage Club

    TAB Expands Bridging Finance Options for TMA Mortgage Club

    In a significant move for the property finance sector, TAB has joined the TMA Mortgage Club’s lending panel, allowing members access to a broader range of specialist finance products. This partnership enhances the options available for brokers and their clients, particularly in the bridging finance market, which is increasingly vital for property investors and landlords.

    TL;DR: TAB’s addition to TMA Mortgage Club means members can now access a variety of specialist property finance products, including bridging loans with rates starting at 0.68% per month; this expansion benefits brokers and property investors seeking flexible financing solutions.

    What New Bridging Finance Products Are Available?

    With TAB’s inclusion in the TMA Mortgage Club, brokers can now offer a comprehensive suite of finance products, including residential, semi-commercial, and commercial mortgages, alongside bridging loans. TAB provides loans ranging from £100,000 to £5 million, with competitive rates starting at 3.50% plus the Bank of England base rate for mortgages. For bridging finance, TAB offers loans with terms of up to 24 months and rates beginning at 0.68% per month, catering to a variety of financing needs.

    How Does This Impact Brokers and Clients in Bridging Finance?

    The addition of TAB to the TMA Mortgage Club’s panel significantly broadens the choices available to brokers. This is particularly relevant as the demand for specialist property finance continues to rise. Brokers can now present their clients with more tailored options, enhancing their ability to meet diverse financing requirements. The flexibility of TAB’s products, including interest-only loans and high loan-to-value ratios—up to 75% for residential properties and 70% for commercial—provides brokers with a competitive edge in the market.

    What This Means for Property Investors Seeking Bridging Finance

    For property investors, the new partnership between TAB and TMA Mortgage Club translates into greater access to essential financing options. Investors looking to secure bridging loans can benefit from TAB’s streamlined process and competitive rates, which can facilitate quicker transactions in a fast-paced market. The ability to access loans from £100,000 to £5 million also allows for significant investment opportunities, enabling landlords and investors to act swiftly on property purchases or renovations.

    Frequently Asked Questions

    What types of loans does TAB offer through TMA Mortgage Club?

    TAB offers a range of loans including residential, semi-commercial, and commercial mortgages, as well as bridging loans, with amounts from £100,000 to £5 million.

    What are the starting rates for TAB’s bridging finance?

    TAB’s bridging finance starts at rates of 0.68% per month, with loan terms available for up to 24 months.

  • REIM Capital Joins Bridging Finance Trade Body

    REIM Capital Joins Bridging Finance Trade Body

    REIM Capital has officially joined the Bridging and Development Lenders Association (BDLA) as a lender member, marking a significant step in the bridging finance sector. This move comes as the industry continues to prioritise standards, transparency, and responsible growth, with REIM Capital contributing to the collective strength of over 100 organisations within the association.

    TL;DR: REIM Capital joins the BDLA, adding to a collective loan book of £11.5 billion; this move enhances industry standards and supports responsible growth in bridging finance.

    What is the BDLA?

    The Bridging and Development Lenders Association (BDLA) is a trade association that represents the interests of firms operating in the UK bridging finance market. With its membership now exceeding 100 organisations, the BDLA plays an important role in promoting best practices and establishing a collaborative environment among lenders. The combined loan books of its members total £11.5 billion, highlighting the significant financial activity within this sector.

    Why Did REIM Capital Join the BDLA?

    REIM Capital’s decision to join the BDLA aligns with its commitment to upholding high standards in the bridging finance industry. By becoming a member, REIM Capital aims to contribute to the ongoing dialogue about transparency and responsible growth in short-term property finance. This membership also allows the firm to stay informed about industry developments and best practices, which can ultimately benefit its clients.

    What This Means for Bridging Finance Borrowers and Investors

    For borrowers and investors, the inclusion of REIM Capital in the BDLA signals a strengthening of the bridging finance market. As firms collaborate to establish clearer standards and practices, borrowers can expect more transparency in lending terms and conditions. This could lead to more competitive rates and products in the bridging finance space, benefiting landlords, property developers, and investors seeking short-term financing solutions. For more information, check our bridging finance guide.

    Frequently Asked Questions

    What is bridging finance?

    Bridging finance is a type of short-term loan used to bridge the gap between the need for immediate funds and the availability of longer-term financing. It is often used in property transactions to secure quick funding for purchases or renovations.

    How does joining the BDLA benefit lenders?

    Joining the BDLA allows lenders to collaborate with other industry players, share best practices, and contribute to the establishment of higher standards in the bridging finance market, ultimately enhancing their credibility and service offerings.

  • TAB Joins TMA Mortgage Club for Bridging Finance Access

    TAB Joins TMA Mortgage Club for Bridging Finance Access

    In a significant development for property finance, TAB has joined the TMA Mortgage Club lending panel, allowing members to access a diverse array of TAB’s specialist property finance products. This partnership is particularly relevant for brokers and property investors seeking tailored financial solutions, as it enhances the options available in the bridging finance sector.

    TL;DR: TAB’s inclusion in the TMA Mortgage Club expands access to its specialist property finance products, including bridging loans; this offers brokers and their clients more choices in financing residential and commercial investments.

    What types of finance does TAB offer?

    TAB provides a comprehensive range of financial products designed for various property needs. This includes residential, semi-commercial, and commercial mortgages, as well as bridging loans. For property investors, TAB’s mortgage rates start from 3.50% plus the Bank of England base rate, with loans available from £100,000 to £5 million on an interest-only basis. The lender supports loan-to-value ratios of up to 75% for residential properties and 70% for commercial assets.

    How does TAB’s bridging finance work?

    Bridging finance from TAB is structured to cater to urgent funding needs, offering loans ranging from £100,000 to £5 million. The terms can extend up to 24 months, with competitive rates starting at 0.68% per month. This flexibility allows investors and brokers to secure funding quickly, making it an attractive option for those looking to seize property opportunities.

    What this means for brokers and property investors

    The addition of TAB to the TMA Mortgage Club lending panel significantly broadens the financing options for brokers and their clients. With TAB having lent £759 million since its inception in 2018, and following a £500 million facility secured from CarVal, brokers can feel more confident in TAB’s capacity to deliver funding solutions across varying market conditions. This partnership is likely to enhance competition in the bridging finance market, potentially leading to better rates and terms for borrowers.

    Frequently asked questions

    What are the benefits of using bridging finance?

    Bridging finance offers quick access to funds, making it ideal for property investors needing to complete transactions swiftly. It can be used for various purposes, including purchasing properties at auction or funding renovations.

    How can I access TAB’s products through TMA Mortgage Club?

    Brokers who are members of the TMA Mortgage Club can access TAB’s range of products directly, allowing them to provide clients with tailored finance solutions that meet their specific property investment needs.

  • TAB Expands TMA Mortgage Club’s Bridging Finance Options

    TAB Expands TMA Mortgage Club’s Bridging Finance Options

    The TMA Mortgage Club has announced that TAB will join its lending panel, providing members with access to a diverse range of specialist property finance products. This partnership is significant as it enhances the options available for brokers and their clients, particularly in the bridging finance sector.

    TL;DR: TMA Mortgage Club members can now access TAB’s bridging finance products, with loans ranging from £100,000 to £5 million; this expansion offers brokers and investors more choices in property finance.

    What bridging finance options does TAB offer?

    TAB provides a variety of bridging finance solutions, catering to both residential and commercial property needs. Their bridging loans are available from £100,000 up to £5 million, with terms extending to 24 months. Rates start at an attractive 0.68% per month, making it a competitive option for those needing quick access to funds.

    How does this impact TMA Mortgage Club members?

    The inclusion of TAB in the TMA Mortgage Club’s lending panel significantly broadens the financing options available to its members. Brokers can now offer their clients access to TAB’s specialist property finance products, which include residential, semi-commercial, and commercial mortgages, alongside bridging loans. This development is particularly beneficial for property investors looking for flexible financing solutions.

    Why is this partnership important for the property finance market?

    This partnership is a notable development in the property finance market, as it reflects a growing trend towards providing tailored financial solutions for diverse property needs. TAB’s ability to offer loans with a loan-to-value ratio of up to 75% on residential assets and 70% on commercial properties enhances the confidence of brokers and their clients in securing necessary funding, regardless of market conditions. Since its inception in 2018, TAB has lent £759 million, demonstrating its robust position in the market.

    What this means for property investors and brokers

    For property investors, this expanded access to bridging finance options means greater flexibility and potentially quicker turnaround times for funding projects. Brokers can use this new offering to better serve their clients, particularly those needing immediate financing solutions. With TAB’s £500 million facility from CarVal, the lender has further strengthened its funding capabilities, ensuring that brokers and clients can rely on them for timely financial support.

    Frequently asked questions

    What types of properties can TAB’s bridging finance cover?

    TAB’s bridging finance is available for residential, semi-commercial, and commercial properties, making it a versatile option for various investment needs.

    What are the eligibility criteria for TAB’s bridging loans?

    Eligibility for TAB’s bridging loans generally includes a property valuation and an assessment of the borrower’s financial situation. Loans range from £100,000 to £5 million, with specific terms and rates based on the property type and borrower profile.

  • TAB Expands Bridging Finance Options for TMA Members

    TAB Expands Bridging Finance Options for TMA Members

    In a significant move for property finance, TAB has joined the TMA Mortgage Club lending panel, allowing members access to a diverse range of specialist finance products. This partnership enhances options for brokers and their clients, particularly in the bridging finance sector, which is important for property investors seeking flexible funding solutions.

    TL;DR: TAB’s inclusion in the TMA Mortgage Club enables members to access specialist property finance products, including bridging loans; this broadens options for brokers and their clients in the competitive property finance market.

    What Types of Bridging Finance Does TAB Offer?

    TAB provides an extensive selection of bridging finance options, catering to various property needs. Their bridging loans range from £100,000 to £5 million, with terms extending up to 24 months. Rates start at 0.68% per month, making it a competitive choice for those in need of quick financing solutions. This flexibility can be particularly beneficial for property investors looking to seize opportunities in a fast-paced market.

    How Does This Impact TMA Mortgage Club Members?

    The addition of TAB to the TMA Mortgage Club’s lending panel significantly enhances the range of products available to brokers. Members can now offer clients access to TAB’s residential, semi-commercial, and commercial mortgages, as well as bridging loans. With TAB having lent £759 million since its inception in 2018, this partnership instills confidence in brokers regarding TAB’s ability to deliver reliable funding solutions, regardless of market conditions.

    What Should Brokers and Investors Watch Next?

    With the property market continually evolving, brokers and investors should keep an eye on how TAB’s offerings integrate with the current lending environment. The lender’s recent £500 million facility from CarVal expands its funding options, which could lead to more competitive rates and terms for borrowers. As the demand for bridging finance remains strong, particularly among property investors, staying informed about new developments and product offerings will be essential for brokers aiming to provide the best service to their clients.

    What This Means for Property Investors

    For property investors, the expanded access to TAB’s bridging finance products means more opportunities to secure funding quickly and efficiently. With loan-to-value ratios of up to 75% on residential assets and 70% on commercial properties, investors can use these products to enhance their portfolios. The ability to obtain loans on an interest-only basis also provides flexibility in managing cash flow, making it easier for investors to navigate the complexities of property transactions.

    Frequently asked questions

    What are the benefits of using TAB’s bridging finance?

    TAB’s bridging finance offers quick access to funds, competitive rates starting from 0.68% per month, and flexible terms of up to 24 months, making it ideal for property investors needing immediate financing.

    How can brokers use TAB’s products for their clients?

    Brokers can provide clients with a wider range of financing options, including residential, semi-commercial, and commercial mortgages, as well as bridging loans, enhancing their service offerings in the property finance market.