Selina Finance has launched a pricing model for its second charge lending range to give brokers early access to personalised rates on individual borrower circumstances. As part of the launch, Selina has transitioned from traditional rate cards to dynamic, client-specific pricing. Headline rates start from 5.94%, with pricing being influenced by factors including credit profile, employment type, income, LTV and location. Loans are available from £10,000 to £500,000, with up to 100% LTV considered.

London Credit has reduced rates on its semi-commercial and commercial bridging range by up to 72 bps per annum. The rate changes apply to both 60% and 65% LTV tiers on commercial deals, and 65% and 70% LTV on semi-commercial products. The summer offer follows the rate reductions across its product range announced earlier in June. The lender said the revised rates are designed to offer more flexibility and affordability for brokers supporting clients on mixed-use and commercial properties, particularly in cases where fast completion and short-term liquidity are key.

Hinckley & Rugby for Intermediaries has launched a new two-year discounted remortgage product, available at 4.81% at up to 80% LTV. The product includes a £250 legal contribution, no booking fee and a £999 arrangement fee. It is available for remortgage cases only, with standard early repayment charges of 2% in year one and 1% in year two. The product was originally priced at 5.06%, but was reduced following the cut to the society’s standard variable rate. It is accessible through Hinckley & Rugby’s expanded fee-assisted remortgage service, following the society’s respective partnerships with PEXA and Optima Legal.

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