Chris Borwick and Andre Bartlett have left SPF Private Clients to launch Capital B Private Finance, a specialist brokerage based in central London.
It provides intermediaries with support for high net worth individuals with bridging loans, property development finance, commercial finance, complex residential and buy-to-let mortgages.
The FCA regulated company offers both an advised and packaged brokerage service.
Borwick said: “Andre and I are excited to announce the launch of Capital B and bring our passion for supporting brokers to life.
“There is strong demand from intermediaries for help with complex and specialist finance and we are perfectly placed to meet that need; we know the lenders, the products and the best loans available. But more than this, Capital B will add that something different, superior service.”
Bartlett said: “This is a great time to launch Capital B into the market. Our proposition is simple, we structure deals so that both the intermediary and their client win.
“We’re surrounding ourselves with the very best lenders, funders and professionals in the market. Now that we are ready to launch, the sky is the limit!”
Borwick and Bartlett are both directors with 15 years’ experience in property finance.
Alan Cleary, managing director of Precise Mortgages, said: “It’s always great to see innovation in the mortgage broker market.
“I’m sure Andre and Chris will bring some fresh ideas and I wish them all the best for the future.”
Damien Druce, director of Assetz Capital, added: “Andre has a proven track record in delivery, will be a fantastic addition to the market and I wish him all the best of luck. The intermediary market will always need new entrants with high levels of experience and this team have that in abundance.”