Manchester-based Lowry Capital offer bridging finance solutions to customers throughout England, Scotland and Wales with a focus on a bespoke, flexible approach to lending.
Lowry Capital can offer loans to a broad range of clients including individuals whose property investment chain has broken down through to large investors and Corporations.
From today, Paradigm members will be able to access the lender through the Paradigm panel. Lowry Capital offers brokers and their clients a number of advantages including:
- Direct contact with a decision maker who will provide an instant decision.
- Small and large loans from £25k upwards.
- Lending up to 75% of Open Market Value.
- No upfront fees – fees are only payable when the loan completes
- Express ‘Refurbishment’ product.- Funding refurbishment properties
- Exceptional customer service – instant over the phone decisions, written DIPs within minutes, valuations within 24 hours, and a legal pack issued within two hours.
Paradigm member will also benefit from particularly competitive terms and commissions include procuration and broker fees, plus additional bonuses.
Also for an initial period of two months, Lowry Capital is offering Paradigm members a bonus of up to £500 per completed application. For loans up to £250k the bonus will be £250; for loans over £250k the bonus will be £500.
John Coffield, Head of Paradigm Mortgage Services, commented:
“Demand for bridging and short-term finance continues to grow and Paradigm is keen to offer our members access to some of the best-known, quality providers in the marketplace today.
"Lowry Capital’s addition to our overall bridging loan proposition opens up a further finance avenue for advisers and their clients.
"Lowry offers a range of finance opportunities for an increasingly wide range of clients and importantly treats each individual case on its merits, providing a bespoke offering depending on a client’s needs.
"This is a marketplace which is likely to grow further particularly in an environment where appetite to lend amongst the mainstream lending community is still low.
"Bridgers and short-term financiers are certainly fulfilling a real need in today’s economic environment and we are pleased to welcome Lowry Capital to our panel.”
Richard Basso, Director at Lowry Capital, said:
"Lowry Capital is fully focused on providing a first class bridging service to Intermediaries; we are therefore delighted to be working closely with Paradigm Mortgage Services.
"We look forward to providing their members with our award-winning service and bespoke funding options, where at all times they will speak directly to a key decision maker. We will be providing access to lending throughout England, Scotland & Wales.”
