Capital Bridging reports record lending

Sam Cordon

July 3, 2013

Keith Aldridge, managing director of the specialist lender, said: “We are absolutely delighted with the way things are going at the moment.

“All the research work we did with our broker distribution earlier in the year is now paying dividends and we are seeing business coming in from many new supporters nationwide, including Scotland.”

Aldridge said the City based lenders lent in excess of £11m across the whole spectrum of its proposition from buy-to-let residential to heavy refurbishment and new build on both first and second charges.

Aldridge said: “What we found particularly pleasing was that our brokers now have the confidence to trust us to find solutions to their clients needs, with loans up to our maximum provision and so our spread of funding is across our full range from £30K to £3M.

“We are continuing with our programme of support for our brokers and by working very closely with our valuers and legal practices, we expect to maintain the momentum we have established at the end of the first half of the year to be continued until the end of the year and beyond.”

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