Kuflink’s P2P ISA is having a positive effect on their bridging offering, Narinder Khattoare, director of Kuflink Bridging (pictured) has said.
The “influx” of funds has been positive for adviser clients as the ISA options provide finance for a range of intermediary introduced deals proposed by Kuflink Bridging.
Khattoare said: “Access to consistent funding has been an issue for some lenders in the past.
“Having multiple streams of funding is vitally important in today’s market and that is why Kuflink has diversified and added a P2P source.
“Access to consistent funding has been an issue for some lenders in the past. After the Brexit vote, certain lenders relying on access to corporate funders found their supply restricted or cut off.
“Introducers to Kuflink Bridging can be sure that when they come to us, the funding will be competitive and just as importantly it will be available.”
The Auto-Invest and ISA options include 1,3 and 5-year terms paying 3.99%, 5% and 5.35% pa gross respectively.