Under the agreement, Connect for Intermediaries will package its members’ requests before being sent on to the lender to deal directly with the broker and applicant.
Via this structure, Aspen will strive to meet its time-based service excellence targets, whereby most applications go from enquiry to completion in just three to 10 days.
Connect for Intermediaries’ members will have immediate access to the bridging lender’s new 2020 rate card, which introduced flat rate products without exit fees.
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Jack Coombs, director at Aspen Bridging (pictured above), said: “Connect for Intermediaries is a network synonymous with outstanding service and support for brokers, an ethos that mirrors our own.
“We will work closely to further educate intermediaries on the bridging sector, and to complete cases quickly and efficiently.”
Liz Syms, CEO at Connect Mortgages, added: “We have seen a rise in demand for bridging via our ARs, our packager distribution and our own advisers, so we are actively seeking to increase the choice of lenders available to them.
“Therefore, I am pleased to welcome Aspen Bridging to our panel as one of over 130 lenders we currently work with.”
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