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Lancashire Mortgage Corporation launches new bridging range

Sam Cordon

November 5, 2013

Customers can borrow up to 75% of the value of the property with interest roll-up and payment deduction options available on the 12 month product.

Gary Bailey, director, said: “We listen carefully to our broker partners and this new range of bridging finance products was developed as a direct result of their feedback.

“As a market leader we recognise that these new products reflect the ever increasing uses and demand for short-term bridging finance as well as buy-to-let and auction purchases.”

Bailey said Lancashire Mortgage Corporation, the commercial lending division of the Blemain Group, has a strong appetite for growth after recently securing £100m of additional funding.


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