The specialist lender aims to progress the majority of its business from enquiry to completion in three to 10 days.
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Figures showed that 81% of cases were currently completed within 10 days, based on a number of caveats, including:
• immediate valuation and legal payment
• no building surveyor
• property access
• quick response times from all parties.
The table below shows that Aspen will supply a fully costed quote within 15 minutes and move from a submitted DIP to a post-search DIP within three hours.
Jack Coombs, director at Aspen Bridging (pictured above), said: “Literally no one actively engages a broker to secure a bridge based on a rough idea or an indefinite period to completion, and we believe by being completely transparent on our processes, targets and requirements that very quick delivery will become standard.”
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