It also adds specialist solicitor firm Wilson McKendrick to its panel
Bridging finance provider Inspired Lending has announced its entry into the Scottish market, offering unregulated bridging loans, refurbishment finance, and bespoke short-term loans available to intermediaries and their clients in Scotland.
The short-term lender provides loan facilities up to £5 million, secured against residential, commercial, semi-commercial, and industrial properties.
To support its expansion, Inspired Lending has appointed Scotland-based solicitor Wilson McKendrick to its panel.
“It has always been our intention to lend in Scotland and, having seen how well our products and service have gone down in England and Wales, we felt now is the ideal time to launch to the Scottish market,” said Gavin Diamond (pictured), chief executive at Inspired Lending. “I’m delighted to have launched into Scotland, a logical next step for us in our journey.
“We’re also looking forward to working closely with Allan McKendrick and the rest of the team at Wilson McKendrick as brokers in Scotland take advantage of our simple and speedy, bespoke funding solutions.”
Inspired Lending was launched in England and Wales in November 2023 by Diamond in a joint venture with the Pears family, who are known in the real estate industry for investing in and financing property finance businesses.
Diamond has over 15 years of experience in the short-term and specialist lending sectors. Prior to establishing Inspired Lending, he worked at Spring Finance for a while and at United Trust Bank for nine years, where he was most recently director of bridging finance.
“In a crowded market, we believe we can offer simple, speedy, bespoke funding solutions at a competitive price, with a real personal touch,” Diamond said. “I’m confident this will enable us to create a niche for ourselves.”
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter. You can also follow us on Facebook, X (formerly Twitter), and LinkedIn.
