Together cuts rate on first charge and bridging deals

The specialist lender is cutting rates on its fixed first charge mortgage range by up to 25bps and its monthly regulated bridging rates by 14bps.

First charge two-year fixed products now start from 8.20 per cent, and five year fixes from 7.95 per cent.

Regulated bridging loan rates start from 0.85 per cent a month.

Ryan Etchells, director of product and distribution at Together said: “We’re pleased to be able to reduce our rates across our mortgage and regulated bridging ranges, to meet the needs of customers who have likely been underserved by mainstream lenders.

“In addition to offering fair value and better customer outcomes, we want to offer our broker partners a more competitive product range. These changes are also designed to demonstrate our commitment to remaining a leading lender in the regulated bridging market.

“At Together, we always apply our common-sense approach and flexibility to lending, taking into account our customer’s individual circumstances, and providing the right finance to realise their ambitions.”