Buzz Capital Announces New Property Lending Products

To meet its ever-increasing demand, Buzz Capital has announced it has launched three brand new lending products to the property market.

The Brighton based lender, which was established in 2018 but which spawned from an organisation that has been advancing finance for over 40 years, sees the new products as an integral part of its expansion plans over the next year.

NEW LOWER BRIDGING RATES FROM BUZZ CAPITAL

The new products announced are:

Buzz Bridging Residential:

•   Rates from 0.89% pcm
•   First and second charge lending
•   Terms up to 24 months
•   LTV’s up to 75%

Buzz Bridging Commercial:

•   Rates from 0.95% pcm
•   First and second charge lending
•  Terms up to 24 months
•   LTV’s up to 65%
•   Properties to be tenanted

Buzz Refurb Development:  

•   Rates from 0.95% pcm
•   First and second charge lending
•  Terms up to 24 months
•   LTV’s up to 75% (residential)
•   Properties need to be wind and watertight

Group CEO Jason Garrett states:

“These are positive times for Buzz Capital. As we seek to meet the demands of our growing client base, we are excited to bring these new products to market. We have always been known for deal speed (having completed a loan and transferred funds in only a few hours recently) and for reliability (for having never had to turn away a deal through lack of funds). But these new products will hopefully buttress that Buzz brand and really help in its upward trajectory to aggressively build its loan book over the coming 12 months”

If you would like to discuss these new products, please contact us at hello@buzzcapital.co.uk and a member of the team will be in touch.