The LTV increase applies to its residential investment, refurbishment, and refurbishment plus bridging products, with its mixed-use bridge remaining at 65% LTV and foreign national and expat at 75%.
The lender has also added an introductory offer for the month of November, so there is no application fee on its residential investment and refurbishment bridging deals at 80% LTV.
Quantum Mortgages launched its bridging range earlier this year, with loans of up to £10m, and up to 10 loans simultaneously, with a “streamlined, human-led underwriting process that prioritises certainty and common sense over automated credit scoring”.
Houses of multiple occupation (HMOs) and multi-unit blocks (MUBs), semi-commercial and ex-local authority homes are catered for, along with different borrower profiles including foreign nationals, expats, and clients in Northern Ireland.
The deals have a clear exit on to Quantum Mortgages’ buy-to-let (BTL) range to ensure a smoother transition for landlords and investors. There is also dual representation available.
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Harsha Dahyea, chief commercial officer at Quantum Mortgages, said: “We’ve designed our bridging range to mirror our BTL criteria, making it easier for brokers to plan long-term strategies for their clients.
“By increasing LTVs and maintaining that alignment, we’re giving brokers even more flexibility to support landlords and investors, whether they’re purchasing, refinancing, or refurbishing. With expert support available to issue terms quickly, we’re continuing to make bridging finance as practical and predictable as possible.”
