A Year in Review

2025 has been a record year for completions at NapeX Finance, and we’d like to sincerely thank all of our clients for their continued support throughout the year. Alongside this growth, we’ve remained focused on enhancing our systems and processes. Many clients will have noticed the introduction of new Buy-to-Let application forms, designed to streamline submissions and speed up lender decision-making. Since launching these, we’ve seen decisions in principle returned in as little as 24 hours, even from some of the more complex lenders, a fantastic result.

Our market-leading broker system continues to evolve, and we’re excited to build on this further in the year ahead. We’ll also be running two valuation webinars in January for you to book your place on, here is a link to the details.

We’re also delighted to share two internal promotions. Thomas Almassy-Wade has progressed to Debt Advisor – Real Estate, while Zack Underhill has been promoted to Senior Debt Advisor – Real Estate. Both promotions reflect their continued development and valuable contribution to the business.

Base Rate Reduction – A Welcome Boost

The recent base rate reduction to 3.75% is very welcome news and is already having a positive impact across the market. With further reductions anticipated, we expect 2026 to be a key year for refinancing, with swap rates currently around 3.7% and lenders becoming increasingly competitive.

Lower rates support affordability across residential, investment and commercial lending, while also benefiting trading businesses that rely on base-rate-linked products. We are already seeing increased competition between lenders, particularly in the mortgage market, which is filtering into wider lending products.

Private Lending Opportunities

We are actively looking to grow our private lending network in 2026. If you, or someone you know, has surplus funds and is interested in potentially achieving returns of around 12%, we’d be very happy to have a conversation. All loans are made to existing NapeX clients, and we can assist with structuring, documentation and ongoing loan management. Contact us for more information.

Property Investment

Residential Buy-to-Lets / HMOs

We’ve continued to strengthen our presence in the Buy-to-Let market, introducing more mainstream lenders alongside our specialist panel. Rates are now being seen around 3.5%–3.6%, with a range of fee structures making refinancing particularly attractive. Our improved systems have helped drive these loans through more efficiently.

We’re also seeing new lenders offering interest-only fixed-rate products up to 70% loan to value, with the added benefit of no early repayment charges, providing valuable flexibility for investors.

The HMO investment market continues to expand positively. We now have additional lenders offering investment-based valuations for smaller HMOs, including those outside Article 4 areas. Combined with recent pricing reductions from other lenders, this has widened the market significantly, giving us access to six to seven active HMO lenders and enabling us to secure more competitive outcomes for clients.

Property Development

Refurbishment & Conversions

We’re pleased to see a market-leading lender now offering investment valuation-based lending across refurbishment and conversion projects. This allows up to 75% loan to value from day one, with rates around 0.7% per month, providing excellent opportunities for clients undertaking these types of schemes.

Bridging

The base rate reduction has fed quickly into the bridging market, with residential rates now approaching 0.6% per month for strong cases at 75% loan to value. Commercial bridging is also improving, with top-tier deals expected to move towards 0.7%–0.75% per month, supporting both investment and exit strategies.

Commercial Mortgages & Business Finance

Business finance has seen a notable uplift, particularly among trading businesses. Our 0% lender fee refinance product continues to be extremely popular, offering rates from 1.8% over base, lending up to 75% loan to value, and terms of up to 25 years on a capital-and-interest basis. It’s proving to be a very useful solution for businesses looking to secure long-term stability.

Get In Touch

If any of the topics listed above are of interest to you, or you simply want to contact our knowledgeable team to discuss your projects and plans, get in touch via our Contact Us page.