Together extends concierge bridging service to Commercial Trust clients

Commercial Trust has enhanced its relationship with Together through access to a dedicated concierge service designed to accelerate bridging loan applications and deliver faster outcomes for borrowers.

The service provides Commercial Trust advisers with direct access to Together's specialist underwriting team, helping suitable bridging loan applications progress from initial application through to an underwriter-assessed offer in principle, potentially within a matter of hours.

Through direct engagement with Together's underwriting team, Commercial Trust advisers can potentially have an application submitted, reviewed, assessed using an AVM where appropriate, and receive an underwriter-assessed offer in principle within just a few hours.

Through the concierge service, Together's underwriting team can maintain closer oversight of valuation requirements and supporting documentation, helping to minimise delays and provide greater visibility throughout the process.

Alongside faster service and improved communication, Commercial Trust advisers are also able to access preferential pricing on qualifying bridging loan cases through the concierge arrangement.

Commenting on the announcement, Jorden Abbs, chief executive at Commercial Trust, said: "Speed is often the single most important factor in bridging finance.

“Our clients are frequently working towards strict deadlines, whether that's acquiring a property at auction, securing a time-sensitive investment opportunity or funding a refurbishment project.

“The ability to progress suitable applications from submission to an underwriter-assessed offer in principle within a matter of hours represents a significant advantage in the marketplace.

“Together has long been a valued lending partner, and access to its concierge service strengthens our ability to deliver the fast, flexible bridging loan solutions that our clients increasingly require.”

Maeve Ward, intermediary sales director at Together (pictured above), added: “Property investors and developers are frequently up against incredibly tight deadlines where delays can make or break a transaction.

“By extending our dedicated concierge service to Commercial Trust, we are giving their advisers direct, immediate access to our expert underwriting team.

“Our concierge service will deepen our collaboration with Commercial Trust, combining our 52 years of specialist lending knowledge with their strong advisory expertise to provide faster, more efficient outcomes for clients.”