By Clare Yates
3 min read
Together, the moves point to growing competition among lenders and an increasing focus on greener property finance.
At a glance
Charles Street Finance launches a ‘green’ refurbishment bridge loan with monthly rates starting from 0.99%.
Borrowers who go on to achieve higher EPC ratings could see rates fall to as low as 0.80% per month.
Glenhawk cuts bridging rates across its range, with unregulated loans now starting from 0.68% per month.
Green refurbishment bridge launches
Charles Street Finance has launched a new ‘green’ bridging loan designed to support energy-efficient property upgrades, as landlords and investors prepare for stricter EPC requirements in the coming years.
The product has launched in the Northwest and offers loans of up to £600,000 to buy or refinance a property and fund refurbishment works over an 18-month term.
Rates start from 0.99% per month at 75% loan-to-value, with pricing reducing further once energy efficiency improvements are completed.
Eligible measures include air source heat pump installation, insulation and triple-glazed windows. Borrowers achieving higher EPC ratings can benefit from lower rates, with pricing stepping down to 0.95% for a C rating, 0.85% for B and 0.80% for A.
Penny Ridgway, development relationship manager at Charles Street Finance, said: “Over half of homes in the Northwest are estimated to have an EPC of D or lower, which means that there is a lot of pent-up demand to upgrade housing stock for residential or rental use.”
Glenhawk cuts rates across loans
In separate news, Glenhawk cuts rates across its entire bridging range, with reductions of up to 8 basis points depending on loan-to-value.
Its unregulated bridging loans now start from 0.68% per month, with cuts applying across both regulated and unregulated products, including refurbishment and auction finance.
Josh Knight, managing director of sales and marketing at Glenhawk, says: “This rate reduction is a signal of our intent. With market confidence returning, we are well positioned to help brokers with a broad range of bridging scenarios.”
What this means for borrowers
For borrowers, this is good news overall. It shows lenders are still active in the market, tweaking rates and bringing out new products to stay competitive, which usually means more choice and better options.
It also highlights the early growth of “green” refurbishment lending, with Charles Street Finance now offering a deal where the rate can come down if a property is improved to a higher EPC rating. In simple terms, if you carry out energy-efficient upgrades, you could end up paying less on your loan.
For landlords and investors planning refurbishments, that could make a real difference. If the upgrades are already part of your plans, having the chance to potentially reduce borrowing costs at the same time is a useful added bonus.
Sources
New green refurbishment loan aimed at energy-efficient upgrades: Mortgage Finance Gazette. Green refurb bridge launched by Charles Street Finance. Accessed 14 June 2026.
Glenhawk cuts bridging rates across its range: Mortgage Finance Gazette. Glenhawk cuts rates on entire bridging range. Accessed 14 June 2026.
