AMPD appoints Drawbridge to panel
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The Alliance of Mortgage Packagers and Distributors has appointed Drawbridge Finance to its lender panel.
The new arrangement means that Drawbridge Finance’ range of specialist products will now be available via AMPD members.
AMPD members are governed by a strict code of conduct and early warning procedures, which the alliance says is the reason it has survived the unprecedented market conditions.
Liza Campion, director for AMPD, says: “We are thrilled to be appointing Drawbridge Finance to our lender panel. They bring specialized bridging and medium term finance to the table and have an appetite to lend. We are starting to see some marginal signs of improvement in the market and this is one of a number of appointments we expect to be making over the coming months and will only strengthen AMPD and its members offering going forward.”
Mark Posniak, head of marketing and operations at Drawbridge Finance, says: “We are delighted to be partnering with AMPD and look forward to providing their members with quality service and access to our innovative product range. This is the first of a number of key partnerships that we will be announcing over the coming weeks following our successful launch.”
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