Fiduciam cuts its bridging loan rate to 0.60% on residential property in the UK

Fiduciam has lowered the interest rates on its bridging loans for residential property in the UK to 0.60% per month, the lowest rate that it has ever offered.

The rate will be available on loans from £250,000 to £25 million, at up to 60% LTV over a loan period of six months to three years.