StreamBank launches bridging product with rates starting at 0.65%

StreamBank launches bridging product with rates starting at 0.65%



StreamBank has released a StreamLine bridging product with a quicker approval process for clients in need of larger residential bridging loans.

Rates start at 0.65% per month and the product offers loan sizes between £500,000 and £1.5m, up to 65% loan to value (LTV). 

The StreamLine bridging product is aimed at “high-value, clean-credit cases”, StreamBank said, and provides straight-through processing for properties with a value of up to £1m with the use of automated valuation models (AVMs). For properties worth up to £2m, the lender will use desktop valuations. 

It said this would give brokers and their clients faster turnaround times and reduce administrative requirements. 

StreamBank said the product would be suited to borrowers with clean credit histories seeking bridging finance for high-value residential properties.

It said the streamlined valuation process and lower starting rate would enhance affordability and improve speed and efficiency. 


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Roz Cawood (pictured), managing director of lending at StreamBank, said: “The launch of our StreamLine bridging product signals that we’re starting the year on a high. By offering highly competitive rates and streamlining the application process for larger, high-quality cases, we’re delivering a solution tailored to the evolving needs of the market.

“With rates starting five basis points lower than our current best product and flexible valuation options, this product will give brokers greater confidence in offering fast, reliable bridging solutions to their clients.” 

StreamBank received its full banking licence in 2023 and aims to provide brokers and clients with a service that includes fast, efficient decision-making, with direct access to underwriters and short reporting lines. 





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