With immediate effect, AMPD’s 10 members will have access to Cheval’s range of bridging products via the alliance’s lending panel.
Cheval is one of the few UK bridging finance companies to be FSA regulated. The Watford-based lender’s products are available throughout England, Wales and Scotland.
AMPD was formed in 2006 and has completed in excess of £8bn in lending. It is the only Specialist Distributor alliance to have survived the financial crisis and is a not-for-profit organisation whose members work to a strict code of conduct.
Gareth Lewis, national sales manager of Cheval, said: “We are really pleased to be appointed to the AMPD panel and look forward to offering its membership our very competitive range of products, backed up by industry-acknowledged high service standards.”
Liza Campion, director of AMPD, added: “We are delighted to have appointed Cheval to our lender panel. They bring with them a wealth of bridging experience that will complement our existing bridging panel as well as industry recognised service standards which are essential for this sector of the market.”