Interbridge Mortgages joins UK lending market – Mortgage Finance Gazette

Interbridge Mortgages has entered the UK lending market.

The new second cost lender will present secured loans in England, Scotland and Wales via a panel of specialist dealer companions.

The lender’s administration staff consists of those that have beforehand labored throughout the UK second cost mortgage market.

It goals to offer ‘dynamic pricing’ and a ‘flex’ product vary for purchasers who want a extra tailor-made answer.

Jonny Jones, CEO at Interbridge Mortgages, commented: “The second cost mortgage market continues to evolve at tempo, and for lenders working inside this sector it’s all about guaranteeing that each a part of the method allows the shopper to return first.”

Earlier this week, it was reported that the second cost mortgage sector has loved a robust begin to the 12 months, with new enterprise persevering with to develop.

In the primary quarter of 2024, new enterprise elevated 14% by worth and eight% by quantity when in comparison with the primary three months of 2023.