Manchester lender expands its panel

Manchester lender expands its panel




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A bridging company has teamed up with a commercial lender, creating a new partnership within the industry. 

Only Bridging, who say they provide introducers with easy access to specialist lenders, has selected Lancashire Mortgage Corporation (LMC) as a preferred partner on their panel.

 

Simon Juniper, Director of Only Bridging said: “We are pleased to have cemented this relationship with Lancashire Mortgage Corporation. This important decision for Lancashire Mortgage Corporation to be a preferred lender on the Only Bridging panel will allow our introducers to take advantage of the valuable experience and benefits we offer for their client’s short term funding requirements, helping them bring more cases to completion in this challenging yet exciting market place.”

LMC provides commercial bridging finance secured as both a first or second charge across commercial property types including buy-to-let portfolios, industrial sites, retail units, farms, leisure facilities and land.  

 

Gary Bailey, Director of Lancashire Mortgage Corporation said: “Lancashire Mortgage Corporation has been providing bridging finance for over 20 years and our experience is reflected in the progressive range of products we offer.  We are confident that we will complement Only Bridging’s mission to exceed their client’s highest expectations and will help their introducers to complete more bridging finance cases.”

 

LMC offers LTVs up to 80 per cent, with up to 100 per cent funding available with additional security. Their product range is able to cater for sole traders, partnerships, and limited companies.

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