Downing LLP

Greenfield Mortgages secures wholesale financing solution from Downing

Downing LLP has provided a wholesale financing solution to short-term property lender Greenfield Mortgages.

The forward-flow-type funding arrangement — of an undisclosed sum — will enable the lender to expand the business and extend its reach to new clients.

Greenfield Mortgages, which was established in 2009, provides regulated and unregulated bridging loans, with rates starting from 0.49% per month on terms up to 12 months.

The loans are available for residential, commercial and semi-commercial properties, as well as HMOs and buildings in need of refurbishment across England and Wales.

Ian Allder, investment director at Downing (pictured above), said: “We’re delighted to be working with Greenfield Mortgages. 

“This new partnership underlines our continued commitment to the wholesale finance market and the property sector.” 

David Grant, operations director and one of the founders of Greenfield Mortgages, added: “It has been a great experience working with the team from Downing and we’re excited to be even better equipped now to embark on the next stage of our growth journey.”

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