Black & White Bridging has hired Heather Hancock as senior underwriter and Oliver Bland as relationship manager.
Gallagher was previously BDM for the North of England.
Brokers will initially have access to Glenhawk’s regulated bridging product range.
Regional lender Bath & West Finance has rebranded, launching national outfit Black & White Bridging, led by commercial director Damien Druce.
Y3S Bridging & Commercial will now join Y3S Loans under one roof at SMG’s Cardiff headquarters.
When the planning application was delayed by the council, the client needed to refinance the property to ensure they could fund the renovation works beyond the initial deadline.
The law firm has a track record of acting for alternative finance providers.
Richard Claypole, who will head up underwriting, was previously head of deal management at Oblix.
The lender’s bridging, development and buy-to-let products will be available to intermediaries for a range of residential and commercial opportunities.
The Association of Short Term Lenders (ASTL) and the Financial Intermediary & Broker Association (FIBA) are set to hold a joint virtual event.