Catalyst, the specialist property lender, has unveiled its latest offerings that will surely entice both property clients and brokers alike. Catalyst has introduced a significant rate cut on several of its products, including everyday bridging, dev exit finance, auction finance, refurb finance, and REFURB+ super stretch products. The everyday bridging, dev exit finance and auction finance rates have been reduced to a starting point of 0.79%, which is an excellent opportunity for property clients and brokers to take advantage of these incredible deals.

Aside from the reduction in rates, Catalyst has also increased leverage and resumed lending at 75% of open market value, which translates to greater lending capacity for their clients. This move was made possible by onboarding a new funder and negotiating a lower cost of capital with an established line, as stated by Chris Fairfax, CEO at Catalyst. Fairfax further explained that the combination of these achievements enables them to offer an even more compelling product range to support their property clients.

Moreover, Catalyst has enhanced one of its products, the super heavy refurb, by removing the 1.0% exit fee without altering its competitive pricing, which is an added benefit for clients.

In line with this, the Catalyst marketing team has launched new broker product guides and an updated website to inform brokers and clients of the key product features and unique selling propositions. The marketing team is also rolling out targeted email and social campaigns to communicate with brokers, while the key accounts team is booking visits with brokers to introduce the products and help them identify new borrower opportunities.

Catalyst's in-house sales team is poised to structure heads of terms, respond to broker inquiries within a working hour, and provide borrowers with funding, underwriting, and loan servicing assistance. Fairfax reaffirmed their commitment to provide their clients with unparalleled opportunities to ensure they never miss out on a good opportunity, and these new products are a testament to this commitment.

In summary, Catalyst's latest offerings are truly remarkable, showcasing its dedication to the property market and providing its clients with the best opportunities to grow their business. The rate cuts, increased leverage, and other added benefits are sure to entice property clients and brokers alike.