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Together seals deal with TBMC to offer brokers auction and bridging finance

by: Edward Murray
  • 19/09/2016
  • 0
Together seals deal with TBMC to offer brokers auction and bridging finance
A new partnership between specialist lender Together and buy to let and commercial mortgage broker TBMC will make it the first lender to provide auction finance, bridging finance and commercial second charge mortgages via the packager.

Gary Bailey (pictured), sales director at Together, commented: “We work with a broad network of brokers and packagers and are constantly looking to expand this with the right partners, so we’re delighted to be teaming up with TBMC. Their reputation in the commercial space means that they are an ideal partner for us, and we look forward to developing a lasting and mutually supportive relationship.

“Whilst we cover a wide range of products at Together, the initial focus of the partnership will be auction finance, bridging and second charges, which are new to TBMC’s offering.”

Bailey highlighted the fact that auctions were becoming an increasingly popular avenue for property investors looking to grow their portfolios and said Together’s auction market experience and TMBC’s buy to let expertise made the partnership an excellent fit.

TBMC works with the intermediary market across the UK and Jane Simpson, managing director, added: “We’re already known as the go-to packager for buy-to-let and commercial mortgages but we’re delighted to be expanding our commercial offering with auction and bridging finance, as well as second charge mortgages, with Together. Their team are renowned for delivering a fast and efficient service which is essential in the commercial marketplace where deadlines are often tight, so we’re confident in trusting our customers to them.”

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