Category: Bridging

Coleman has worked in the financial services industry for over 20 years in various sales, management and consultative roles.

Members lent £3bn in the year to June 2017 after completing £875m of lending in the second quarter alone, an increase of 12.1% from the first quarter and 17.8% from the same period last year.

The half day events, which take place across the UK, will provide intermediaries with insight into the different niches of the specialist lending market, including buy-to-let, second charge loans and the later life lending space.

Virgo (pictured) will be tasked with travelling anywhere from Kent to Cornwall, and up to Birmingham, depending on where there are opportunites.

O’Brien is the regulator’s mortgage technical specialist who was the policy lead on responsible lending for the Mortgage Market Review, while Andrews is agent for greater London and has been with the Bank since 1979 in various roles.

The bridging lender said it relocated after receiving more broker enquiries in Bristol, Bath, London and the North West – and from the new location BDMs can get to those regions faster by rail or motorway.

Data from Bridging Trends suggests the increase “rocketed” as bridging lenders brushed off potential volatility from Brexit.

Using the app brokers can use a loan calculator, Skype call an underwriter, upload valuation reports and documents, and use a mobile-tailored application form.

Together hires three BDMs

Timms has joined from NatWest after working at Which? and London and Country, Makwana joined from Barclays and Dowson was hired from from Virgin Money.

In four of the six months it achieved consecutive record months in terms of value and volume of loans written.