Quantum Mortgages has launched its new bridging proposition to the wider mortgage market.
The bridging finance products offer a range of features designed to provide flexibility and speed for borrowers.
Key features include an efficient transition from the bridging loan to an exit via a Quantum Mortgages buy-to-let product.
Applicants will also receive instant erms, enabling them to make informed decisions quickly.
Like Quantum’s exisiting buy-to-let range, the bridging process is fully transparent, keeping borrowers well-informed, and the arrangement fee is deducted from the loan amount, up to the maximum product loan-to-value (LTV).
A dual representation legal process is also available to streamline transactions, and borrowers are not required to seek compulsory legal advice.
The maximum number of loans granted to any one borrower is limited to the lesser of 10 loans or £10m of borrowing.
Furthermore, Quantum Mortgages will lend on a maximum of 33% of units in an individual block.
Wes Friedel, head of bridging finance at Quantum Mortgages, said: “We are thrilled to unveil our bridging proposition to the market.
“Our bridging range has been a year in the making, and we’ve designed our short-term lending product to offer the flexibility and speed we’re renowned for, ensuring that our clients can secure the funding they need quickly and confidently.
“Having worked in the short-term finance industry for over 10 years, I have seen and dealt with the pain points of many brokers and borrowers who want a simpler, more open and honest approach to bridging finance.
“This experience fuelled our determination to create a proposition that would cater to the demands of today’s landlords.”
Earlier this month, Quantum Mortgages soft-launched the bridging product to a small number of its trusted distribution, to allow for testing and feedback prior to the whole of market launch.
Harsha Dahyea, chief commercial officer at Quantum Mortgages, said: “At the beginning of March, we gave early access of bridging to members of the Quantum Disruptors Club (QDC).
“We wanted to give some of our trusted partners the opportunity to test out our
proposition before the official launch so we could measure the appetite in the market, and ensure our criteria and products were aligned with our existing portfolio of borrowers.
“We’re delighted with the demand we’ve seen so far and are looking forward to growing our short-term lending pipeline.”
Jason Neale, chief executive officer and Founder of Quantum Mortgages, added: “March 2025
marks our third anniversary of lending, and we are proud to celebrate this milestone with the
launch of our bridging product.
“For the last three years we’ve worked extremely hard to offer borrowers an innovative and common-sense approach to specialist buy to let lending, and we’re proud to be delivering the same ethos with our bridging proposition.
“We are pleased with the feedback we have received in our initial launch and look forward to the response from the wider mortgage community.”
