Development lender Regentsmead is launching a new product headlining at 0.75 per cent with increased LTVs.
As a result of surplus internal capital Regentsmead will be launching a new product – The Exclusive Product - headlining at 0.75 per cent, or 9 per cent p.a..
James Bloom, Chief Executive of Regentsmead, said: “We are very excited as the leading provider of development finance in the market to further enhance our status by offering market leading terms. We are self-funded and have a substantial surplus of available capital which we want to lend into the market. To gauge the substantial levels of interest we expect we are initially offering this new Exclusive Product until the end of the year when we will review the position.”
Further details of the product will be announced in tomorrow’s B&C newsletter.
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