Related topic: Specialist Lending

Saffron argues that many cases are being discounted based on outdated assumptions rather than a borrower's overall financial position. 

Rory has held previous roles at GB Bank, Allica Bank, and TSB.

Bridging finance is playing an increasingly important role in helping high-net-worth individuals manage complex and time-sensitive property transactions.

The specialist lender now has £160m of committed funding secured across its funding partners.

Eight broker-led enhancements include wider income recognition, increased age limits and greater support for contractors and complex cases.

The lender has introduced larger maximum loan sizes, enhanced AVM criteria, and additional credit tiers.

40% of people unable to cover a sudden £300 bill earn above the national median salary.

MAB advisers can now place buy-to-let cases with GB Bank, including residential, semi-commercial, and commercial property enquiries.

The lender has also ntroduced the use of short-form and automated valuations (AVMs) on selected cases.

The new AutoDIP functionality enables brokers to receive instant DIPs for Together’s bridging loans and commercial term products.