Specialist lender Spring Finance has extended its bridging products to include lending in Scotland, including the full suite of bridging products.
This followed Spring’s recent reduction in its bridging rates, and is one part of a number of enhancements planned for the coming months, following a consultation with key broker partners.
Spring will be supported on the legal side by Allan McKendrick and his team at Wilson McKendrick solicitors.
Claire Newman, director of bridging at Spring Finance, said: “It’s an exciting time in Spring’s journey and I am very pleased that we have been able to offer a product that our brokers have been asking for.
“We look forward to working with our brokers on their Scottish loans.”
Jim Baker, sales director of bridging, said: “We have seen a significant demand for specialist bridging in Scotland and this launch shows how quickly we can respond to the needs of our brokers on both sides of the border.
“Supporting this key area of the market is a clear demonstration of our ongoing commitment to build a leading proposition in the specialist bridging space”.
John Hardman, managing director of Fluent Bridging, added: “We have a fantastic working relationship with all the team at Spring.
“They have a clear niche that helps support a number of our customers and the expansion into Scotland will definitely create new opportunities for us and Spring as we continue the rapid growth of our business.”