"The initial focus of the partnership will be auction finance, bridging and second charges, which are new to TBMC’s offering."
Together will be the first lender to provide auction finance, bridging finance and commercial second charge mortgages via the packager.
Jane Simpson, managing director at TBMC, said: “We’re already known as the go-to packager for buy-to-let and commercial mortgages but we’re delighted to be expanding our commercial offering with auction and bridging finance, as well as second charge mortgages with Together. Their team are renowned for delivering a fast and efficient service which is essential in the commercial marketplace where deadlines are often tight, so we’re confident in trusting our customers to them.”
Sales director at Together, Gary Bailey, commented: “We work with a broad network of brokers and packagers and are constantly looking to expand this with the right partners, so we’re delighted to be teaming up with TBMC. Their reputation in the commercial space means that they are an ideal partner for us, and we look forward to developing a lasting and mutually supportive relationship. Whilst we cover a wide range of products at Together, the initial focus of the partnership will be auction finance, bridging and second charges, which are new to TBMC’s offering.
“TBMC have extensive experience in the buy-to-let sector and auctions are becoming an increasingly popular avenue for property investors when it comes to growing their portfolios, so their buy-to-let expertise and our thorough knowledge of the auction market is a winning combination.”
