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SPF Short Term Finance encouraged by post-launch activity

by Kevin Rose
6 July 2012
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The specialist division of high-net-worth broker SPF Private Clients expressed satisfaction following its first quarter in business.

In the first three months since its launch, SPF Short Term Finance has completed over 24 cases, while a further 40 apps are in the process of being underwritten.

The firms has also had over 150 registrations from intermediaries.

SPF Short Term Finance offers difficult-to-place bridging, renovation, development and auction finance to intermediaries.

“We have been encouraged by the interest we have seen in the short time we have been offering our services,” said Andre Bartlett, associate director of SPF Short Term Finance.

“There is no shortage of demand for finance within these niche areas, merely constrained supply.

“We have been surprised by the diverse nature of the transactions we have been asked to assist with – from standard regulated bridging, multiple-unit student accommodation, hotel finance and self-build to single-unit development finance.”

He added: “We look forward to building on our early success with further product innovation, some great exclusive rates, and access to additional services to assist advisers source solutions for their clients.”

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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