Bridging lender Kuflink plans to launch into first charge mortgages next year, Terry Pritchard, head of originations at Kuflink has revealed.
He said the lender has received its first charge lending license and will provide residential and buy-to-let mortgages.
Pritchard said: “We’ll launch with competitive rates and want to be disruptive and aggressive.
“This follows the launch of a development finance product for ground up, conversions and refurbishments, a commercial and semi-commercial product and a 5-day quick bridge product which has already proved popular, with Kuflink completing a bridge in four days.”
Pritchard joined Kuflink last month.
