Aldermore offers free bridging valuations

The offer is available both direct and through the bank’s bridging packager panel.

Charles Haresnape, group managing director, mortgages, Aldermore, said: “As part of our commitment to the bridging market, we are offering free valuations on all applications.

“We provide fast and flexible short-term finance that bridges the gap while longer term financing can be secured. We offer short term finance and long term support.”

Fixed rates on residential investment bridging loans start at 0.64% with maximum loan sizes of £3m with facilities up to 75% loan-to-value.

Commercial bridging loans start at 1.09% with lending up to £5m and a maximum of 65% LTV.