Category: Bridging
Glenhawk is the first bridging lender in the UK to gain certification to internationally recognised PAS 2060 Specification from the Carbon Trust.
Research from Smart Money People has found that specialist mortgage lenders received the highest percentage of positive feedback from brokers about their criteria and flexibility in H1 2021.
The new office openings come as the bank embarks upon a more flexible working model.
MT Finance is the first bridging lender to launch a £250 credit scheme for borrowers who achieve an EPC rating of A or B on their property.
Kuflink has appointed Gurjit Dale as a business development manager who will report directly to chief executive, Narinder Khattoar.
Foley has been in the industry for 17 years and has experience in underwriting, risk management and business development.
The standard bridging Loan offers up to 85% LTV with rates starting from 0.4% per month.
The arrangement aims to provide more choice and add to the expertise available for MAB advisers, which the company believes will result in greater choice and improved customer outcomes.
Brokers discussed the benefits of bridging as a way of helping buy-to-let clients access new opportunities, but more than a quarter (28%) said their clients had concerns about short-term finance.
Following the recent launch of its bridging department, Norton Broker Services has opened a regulated bridging desk.