Sonny Gosai

Norton Broker Services now offering regulated bridging advice

Norton Broker Services has launched a regulated bridging advice desk, shortly after entering the bridging finance market.

Norton started offering bridging finance solutions in April, following a surge in demand from intermediaries wanting to place cases with the group.

“It made sense for us to take this direction,” said Sonny Gosai, senior sales and development manager at Norton Group (pictured above).  

“With the large demand within the regulated bridging space and our personal experience, we want to take the pressure [off] your traditional mortgage adviser and assist with the advice, as well as package enquiries through to completion.   

“Having experienced CeMAP-qualified advisers within the group, it made perfect sense.” 

The business has also been added to Masthaven’s premier panel. 

Richard Deacon, sales director of short-term lending at Masthaven Bank, commented: “Bridging loans are an often overlooked solution that can be hugely beneficial to borrowers in certain cases. 

“We’ve always had a close relationship with Norton, and it’s great news that it will be providing a vital service, educating borrowers on these short-term lending options, and providing them with the guidance they need to find a product that’s right for them. 

“The launch of this service has come at the perfect time and reflects the growing levels of demand for bridging products we’ve seen over the past year. 

“Bridging has been a crucial problem-solving tool for borrowers looking to meet stamp duty deadlines or negotiate complex chain breaks, and bridging products will undoubtedly remain important as the mortgage market continues to support borrowers in their homebuying journeys.” 

Sonny added: “We are proud to be aligned with such an established and respected bank.

“The recent changes at Masthaven, [including] their lowest ever bridging rate, are a breath of fresh air.”  

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