Liz Griffiths has been hired as an underwriter, Lisa Jennings has been appointed case manager and Amrit Dhillon has been made mortgage specialist.
This comes after the mutual extended its bridging range with the launch of deals with variable rates starting from 0.63 per cent and fixed rates beginning from 0.67 per cent. These options are available on terms of up to 12 months.
William Edwards, bridging business development manager at MHBS, said: “As an experienced bridging lender, we’ve seen a gradual uplift in case levels during this challenging market.
“We’re continuing to invest in our team and systems so that processing is as efficient as possible for intermediaries and they receive first-class support throughout. The team are also on hand to provide guidance to those needing help with their trickier bridging cases.”
Edwards said the expanded team had improved the lender’s processing speeds.
He added: “We’re already seeing the positive impact these changes are having on turnaround times. Although each case is different, we’ve seen that with the team’s proactive approach, well-packaged straightforward cases can go from application to offer in six days.
“Our intermediary partners and their clients are already benefitting from this change, which is reflected in our recent Feefo reviews from them.”