Club members will now have access to the specialist lender’s short-term property finance for residential, commercial and semi-commercial properties and refurbishment and conversions.
Unregulated loans are available from £250,000 to £5m with rates starting from 0.65%, while its regulated bridging range — launched last October — starts from 0.59% to 0.89% per month for loans between £150,000 and £1.5m.
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Melanie Spencer, head of MCI Mortgage Club (pictured above), said: “The bridging and short-term property finance market has been busy, so to be able to bring in a new partnership with Glenhawk will provide our members with more options.
“Glenhawk offers competitive products, and we anticipate our members will be keen to place business with them.
“We now have 65 lenders on our panel offering a wide range of mortgages to cover all possible requirements that clients may have.”
Jamie Pritchard, director of sales at Glenhawk, added: “We are keen to expand our geographical reach and lend throughout England, Wales and Scotland.
“Teaming up with MCI will help us to reach more brokers and clients and we look forward to working with its members.
“We can supply an AIP within one hour, and our dedicated underwriters will see the loan through from start to completion, offering advice and guidance along the way.”
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