The lender expects to be ready to launch its bridging product range by April this year.

The bridging proposition will mirror the lenders existing term proposition and provide certainty of decision and funding, along with a simple to use process and a more common-sense approach to underwriting.

The product suite will include investment, minor refurbishment and semi-commercial loans in England, Wales, and Northern Ireland, most of which will come with a ready-made exit via Quantum Mortgages BTL term range.

Friedel has extensive experience in the bridging sector, having joined from Impact Lending where he was instrumental in their move into the senior bridging proposition as head of risk. 

Prior to this, he was head of credit origination at bridging and development lender Propfin.

Jason Neale, managing director at Quantum Mortgages, said: “Having provided hundreds of bridging exits since we launched, it was obvious for us to look at whether we should be providing the initial short-term finance ourselves.

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“We therefore spent a long time researching and studying the bridging sector and consulted with our key intermediary partners via our disruptor club.

“The message was clear: They wanted a more transparent, certain, and modern proposition with the common-sense approach they enjoy when placing term mortgages with us.”

“Wes is a highly experienced bridging finance professional who adds real knowhow to our senior team.

“We are delighted he’s joined us and have no doubt he will launch and develop a very successful bridging lender for us”.  

Wes added: “I’m excited to be bringing a fresh and new proposition to the market, the team at Quantum have proved their intent in how fast we’ve made this happen.

“Quantum Mortgages have changed the way intermediaries think about standard BTL lending through their transparent, common-sense approach to underwriting with certainty of decision. 

“This approach is perfect for the bridging sector and how I like to work.

“With solid committed funding behind us, I’m sure we can disturb this market the same way we did with specialist BTL.”