TMG Mortgage Network has added Bluecroft Finance to its lender panel, expanding the specialist property finance options available to its advisers.
Bluecroft is a principal bridging lender providing residential, commercial and semi-commercial finance across England, Wales and Scotland.
The Greater Manchester-based lender offers bridging loans from £75,000 to £3 million, supported by common-sense underwriting and direct access to decision-makers.
Its addition gives TMG advisers another funding option for auction purchases, refurbishment schemes and complex transactions where a rapid completion is required.
FAST-TRACK OPTION TARGETS SEVEN-DAY COMPLETIONS
TMG advisers will gain access to Bluecroft Fast-Track, which can enable eligible residential bridging cases below £350,000 to complete in under seven days.
The process uses automated valuation models or desktop valuations alongside title insurance to reduce the time required to complete suitable transactions.
Advisers will also have access to Bluecroft’s recently launched ‘2 Become 1’ dual representation service, which is designed to reduce legal complexity and accelerate completion times on appropriate cases.
Danny Belton (main picture, inset left), head of TMG Club & Partner Strategy at TMG Mortgage Network, says: “At TMG, we continually review our lender panel to ensure advisers have access to the widest possible range of quality solutions for their customers. Bluecroft Finance brings a pragmatic approach to bridging, supported by experienced underwriters and a genuine willingness to look at cases individually.
“The combination of speed, flexibility and direct access to decision-makers makes Bluecroft a valuable addition to our panel. We are particularly pleased to provide advisers with another strong option for auction finance, refurbishment projects and complex bridging requirements where time is often critical.”
BLUECROFT TARGETS BROKER RELATIONSHIPS
Ross Gandy (main picture, inset left), head of sales at Bluecroft Finance, adds: “We are delighted to be joining the TMG Mortgage Network panel and look forward to building strong relationships with advisers across the network.
“Bluecroft was established to provide brokers with certainty, speed and a common-sense approach to lending. Every deal is reviewed by a real underwriter, and we pride ourselves on finding solutions where others may struggle. We believe our proposition will be a valuable complement to the existing specialist finance options available through TMG.”
