TMA in talks to boost bridging offering

The Mortgage Alliance is negotiating with several specialist providers in a bid to boost its bridging finance offering.

Despite an existing bridging finance partnership with Cheval, TMA has confirmed it is currently looking to expand its bridging proposition.

Phil Whitehouse, head of TMA, says: “We are looking into expanding our offering in this sector but it is vital that we choose our partnerships wisely, and we are undertaking strict due diligence procedures before entering into such a partnership.

“Bridging finance remains a good option but it may not be for everyone and it is important that brokers and bridging providers fully understand the full implications of what the finance is being used for and if this is the best option available.”