Steve Barber, managing director of the Bridging Finance Solutions Group, said: “We’re delighted to be extending our service into Scotland at a time when the housing market north of the border is starting to show signs of renewed confidence.
“Being based in the North the expansion is a natural progression in support of our introducers, partners and clients.”
BFS is offering both regulated and non-regulated products to brokers with clients requiring fast purchase finance, auction finance, refurbishment finance and chain break funding.
The lender will initially be concentrating on the larger city hubs with bespoke underwriting on a case-by-case basis.
BFS is supported by its legal partners in Scotland, Morton Fraser LLP.
Fergus McDiarmid, partner of the firm, said: “Morton Fraser is delighted to be partnering Bridging Finance Solutions and to have been involved in advising on its funding arrangements as its business expands not only commercially but geographically into Scotland.”
