Catalyst has launched new automated valuation model (AVM) and desktop valuation unregulated bridging products.
The specialist lender is collaborating with Rightmove AVM and VAS Assurance.
It said the new range would offer a more streamlined and cost-effective solution for brokers seeking bridging finance for their clients.
Catalyst AVMs are free and available for qualifying applications up to 65% loan to value (LTV), lending on property values up to £500,000.
The desktop valuations cost from £200 to £500 and are available for qualifying applications up to 70% LTV, lending on values up to £1m.
Loans are available for UK individuals, limited companies and offshore limited companies.
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The terms available run from three to 24 months. Cosmetic works are allowed and borrowers with some adverse credit may be considered.
Chris Fairfax, chief executive of Catalyst, said: “Having worked as an intermediary in the bridging space for over a decade, I know that cost and speed of transaction can have a huge impact on the success of securing the deal with your client.
“This year, I have tasked my team to further improve the way we support our broker partners.
“Launching these AVM and desktop valuation bridging products is part of our plan to deliver even more incredible service.”
