Non-bank specialist lender Spring Finance has expanded its bridging product offerings to include lending in Scotland.
The expansion, the lender said, is part of a series of enhancements planned for release in the coming months, stemming from detailed consultations with key broker partners.
The company’s legal aspects in Scotland will be managed by Allan McKendrick and his team at Wilson McKendrick Solicitors, known for their extensive experience in the Scottish bridging finance market.
Earlier this month, the lender announced criteria improvements, alongside rate reductions across its range of bridging products.
“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,” said Claire Newman (pictured), director of bridging at Spring Finance. “We look forward to working with our brokers on their Scottish loans.”
Jim Baker, sales director of bridging commented: “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.”