The service aims to help borrowers get an initial loan offer checked by an underwriter faster than through the usual process. Applications would then move to the legal stage sooner.
Commercial Trust advisers can work directly with Together’s underwriters to get applications assessed. An automated valuation model (AVM) can be used to value the property where appropriate.
Together’s underwriting team will also keep a closer check on the valuations and documents needed.
Commercial Trust advisers will also get preferential pricing on bridging loans that qualify under the arrangement.
Jorden Abbs, chief executive at Commercial Trust, said speed was often the most important factor in bridging finance.
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He said: “The ability to progress suitable applications from submission to an underwriter-assessed offer in principle within a matter of hours represents a significant advantage in the marketplace.
“Together has long been a valued lending partner, and access to its concierge service strengthens our ability to deliver the fast, flexible bridging loan solutions that our clients increasingly require.”
Maeve Ward (pictured), intermediary sales director at Together, said: “In the fast-moving bridging finance market, speed, clarity, and direct communication are everything.
“By extending our dedicated concierge service to Commercial Trust, we are giving their advisers direct, immediate access to our expert underwriting team.
“Our concierge service will deepen our collaboration with Commercial Trust, combining our 52 years of specialist lending knowledge with their strong advisory expertise to provide faster, more efficient outcomes for clients.”
