Mortgage distributor, All Types of Mortgages is launching AToM Bridging in association with bridging and property specialists GB Finance.
Together they are able to offer not only the short term funding to secure a property, address a credit or property related issue, but they can also offer the longer term funding solution, whether it be for residential or commercial property.
Features of the service include, competitive interest rates and fee structure, 100% of purchase price achievable, lending against Open Market Value, funds that can be released in 24 hours and up to 85% LTV achievable.
AToM Bridging is offering brokers three bridging products, a standard closed bridge, an open bridge and their unique credit repair product, which is specifically aimed at clients with heavy adverse, who, in the current climate, may be unable to re-mortgage.
Richard Hearn, managing director, AToM, says: “AToM is delighted to launch our flexible bridging service in association with GB Finance Group PLC. GB have proven their ability to make very quick decisions and provide innovative flexible bridging products with market leading rates.”
Gary Gardner, director of GB Finance Group PLC, says: “GB is delighted to work with AToM enabling them to now offer a seamless solution from the short term bridge to the longer term re-mortgage. AToM’s business model and ethos is in keeping with our own, and our dual branded approach allows us to bring to market products that meet brokers’ needs in this current market.”