Related topic: Bridging

Commercial Trust advisers can potentially receive an underwriter-assessed offer in principle within just a few hours.

Nick will develop partnerships with brokers, as well as expand broker networks and support brokers with training.

The bank has priced its near prime core, re-bridging and light and medium ranges at just 0.20% pm above its standard pricing.

Owen Bentley, sales director at Inspired Lending, says knowing somebody will answer the phone is one thing; knowing they can deliver on a transaction is quite another.

Brokers can now secure the full bridging finance loan from Masthaven while adding legal fees on top of the advance.

The funding solution aims to support a wider range of development and housing projects across the UK, Aldermore says.

Borrowers can fund up to £150,000 of non-structural improvement works from their own resources on AVM-route purchase cases.

Since its management buyout in February this year, Pivot has broadened its lending offering, including an expansion into commercial development finance.

The arrangement enables a single approved legal panel to act for both the borrower and GB Bank.

The lender is building its newly created bridging finance team ahead of the proposition's wider launch.