Back in Business

In this Q&A with Bridging & Commercial, Head of Development Finance Jake McCausland discusses what’s driving demand, what the lender has learned so far, and how it’s shaping future plans.

London Credit has completed a development finance facility to support the conversion of a former commercial block into six residential units and one commercial unit in South West London.

The Summer Offer follows the rate reductions across its product range announced earlier in June.

For commercial and semi-commercial borrowers, the 60bps rate reduction is intended to support larger, higher-value projects while keeping costs under control, while for residential borrowers, the sharper pricing is aimed at improving affordability and flexibility at a time when speed and certainty remain key priorities.