Hilco Real Estate Finance (HREF), the UK-based specialist bridging lender, launched a new suite of lower-priced lending products and a Q4/24 lending target of £100 ($132.1) million. Due to the lower interest rate environment and increasingly efficient internal capital, HREF is now able to provide bridging loans starting from 0.79% per month and expects to significantly increase market share in the last three months of 2024.
“As we head into what we believe will be a very busy autumn in bridging, we wanted to offer our introducing brokers the most competitive rates and terms designed to win business and meet the specific needs of their clients,” Sean Adams, managing director of HREF, said. “Coupled with our speed, flexibility and most importantly reliability we are well positioned to grow market share.”
