Results Asset Management has joined the Association of Short Term Lenders (ASTL) as an Associate Member.
Since 2006 the firm has been involved in reviewing and monitoring residential assets for various UK bridging companies and offers services including pre-lending reviews and inspections for buy-to-let properties.
The ASTL, which exclusively represents the interests of short-term lenders, now includes 44 associate members along with an equal number of lender members.
John Foster, senior asset manager at Results AM, shared his views on the membership: “At Results AM, we provide a cost-effective monitoring service for bridging loans that involve works, offering an initial review of the project and proposed works and then a program of monitoring visits for the build.
“This gives lenders a set of eyes and ears on the project to effectively manage it through to practical completion. In providing lenders with a robust approach to managing their lending, we reflect the values of the ASTL in helping to support strong and sustainable growth in the bridging sector and we are delighted to join the association as an associate member.”
Vic Jannels (pictured), CEO of the ASTL, also commented on the addition of Results AM to the association: “I’m really pleased to welcome Results AM as the latest organisation to become an associate member of the ASTL.
“The sustainable growth of the bridging mortgage market is only possible with the support of professional firms that enable lenders to carry out lending with certainty and confidence. This is just one of the reasons why associate members are so important to the ASTL and the continuing success of the sector.
“Our growing membership reflects the increasing significance of our industry and our collective commitment to delivering good customer outcomes.”
