The funding comprises a £7m acquisition bridge, provided by specialist lender Octane Capital, and a £2.3m VAT loan from Adsum
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The rate cuts include reductions across the lender's residential, right-to-buy, and deposit unlock ranges.
The changes are live with immediate effect with applications sold on older products honoured, providing an offer is issued before the 31st of October
The lender has also announced that it has made a series of rate reductions for short-term and holiday-let landlord borrowers.
The buy-to-let specialist lender has also announced a raft of rate cuts across its standard and limited company range
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