Following the recent launch of its bridging department, Norton Broker Services has opened a regulated bridging desk.
The new panel aims to provide MAB advisers with greater choice and add to the expertise already available within its specialist finance offering.
The client had a buy-to-let (BTL) property for sale and was planning on using the funds to purchase a house to live in.
Since Atelier’s launch in January 2020, it has provided more than £150m to residential developers across the UK.
Jones will be responsible for developing and driving the implementation of the sales and distribution strategy for West One’s bridging and development proposition and will lead and grow the existing sales team.
The lender has received 3,274 applications with a combined value of over £2.4bn, made AIPs of £8.8bn, and it has completed on 1,375 loans.
Starting interest rates are reduced from 0.75% per month to 0.69% per month for most loan types whilst the maximum loan amount is increased from £7.5m to £10m.
The app aims to reduce Black & White’s use of email for communications and move instead to a mobile experience built on secure instant messaging, with higher levels of security and ease of use.
Together has cut rates, increased LTVs and doubled maximum loan sizes in a refresh of its unregulated bridging products.
Masthaven Bank has launched its lowest ever bridging rate as well as introduced re-bridging on its core product range.