Market Harborough Building Society has added three people to its bridging team in order to meet the growing need for bridging support.
Underwriter Liz Griffiths joined the team alongside case manager Lisa Jennings and intermediary mortgage specialist Amrit Dhillon.
This news came shortly after MHBS launched a new fixed rate bridging range, designed for bridging clients looking for the certainty that a fixed rate can provide.
The society’s fixed rates for bridging start from 0.67%, with variable rates available from 0.63%.
William Edwards, bridging business development manager at MHBS, said: “As an experienced bridging lender, we’ve seen a gradual uplift in case levels during this challenging market.
“We’re continuing to invest in our team and systems so that processing is as efficient as possible for intermediaries and they receive first-class support throughout.
“The team are also on hand to provide guidance to those needing help with their trickier bridging cases.”
He added: “We’re already seeing the positive impact these changes are having on turnaround times.
“Although each case is different, we’ve seen that with the team’s proactive approach, well-packaged straightforward cases can go from application to offer in six days.
“Our intermediary partners and their clients are already benefitting from this change, which is reflected in our recent Feefo reviews from them.”
