It plans to hire more from the program this year
Aspen Bridging has appointed two new underwriters who graduated from its ever-growing Graduate Recruitment Scheme.
Richard Tweddle and Sinead McMurray (both pictured) were hired by the lender, which has seen eight join through the program since the business was launched in 2017. It is planning to recruit a further three before the end of the year.
Tweedle completed his degree in financial management at the University of Portsmouth and possesses first-hand customer-side experience of the commercial market, having renovated and let a number of auction purchases.
McMurray finished her degree in business economics at Coventry University and is full-time.
In line with the Graduate Recruitment Scheme program, both are already gaining immediate experience by supporting the underwriting team, as well as managing their own caseloads under supervision.
“We recorded our strongest first calendar quarter performance to date whereby we completed a record 59 loan advances totalling £40 million, and we expect the second quarter to also break company records,” Jack Coombs, director at Aspen, revealed.
Read more: Aspen posts record Q1 advances.
“To meet the increasing workload and maintain our best-in-class customer service targets we need to continue appointing, and the Graduate Recruitment Scheme has been hugely successful in bringing in driven people who we educate through our own comprehensive internal training programs,” Coombs said.
Aspen’s 2022 rates and product card features a new development exit and refurbishment product with up to 80% LTV for experienced developers with clean credit. Across its range, flat rate products start from 0.64% per month and stepped rates from 0.39% per month.
Aspen also entered the bridge-to-let market with an innovative product designed to offer wider use flexibility and lower ERC’s than existing bridge-to-let or hybrid offerings. It is available up to 80% LTV with bridge rates starting at 0.64% pm and BTL rates of 4.49% pa.
Applications are open to UK and overseas borrowers, either individuals or corporates, for properties across England and Wales.
