Results Asset Management (AM) has announced that it has become an associate member at the Association of Short Term Lenders (ASTL).
Results AM has been involved in the short term property lending industry since 2006, and has been retained by many of the UK’s bridging companies over the past decade to review and monitor their residential assets.
The firm offers reviews prior to lending, pre- or post-valuation where a sense check may be required, as well as reviews of HMO viability, buy-to-let inspections, portfolio reviews and desktop reviews.
Results AM works with small and large lenders in England and Wales, with strategically located assets managers.
The ASTL is the only trade association dedicated to representing the interests of short-term lenders and their customers, and now boasts 44 associate members and 44 lender members.
Senior asset manager at Results AM, John Foster, said: "At Results AM, we provide a cost-effective monitoring service for bridging loans that involve works, offering an initial review of the project and proposed works and then a program of monitoring visits for the build. This gives lenders a set of eyes and ears on the project to effectively manage it through to practical completion. In providing lenders with a robust approach to managing their lending, we reflect the values of the ASTL in helping to support strong and sustainable growth in the bridging sector and we are delighted to join the association as an associate member."
Chief executive officer at the ASTL, Vic Jannels, added: "I’m really pleased to welcome Results AM as the latest organisation to become an associate member of the ASTL. The sustainable growth of the bridging mortgage market is only possible with the support of professional firms that enable lenders to carry out lending with certainty and confidence. This is just one of the reasons why associate members are so important to the ASTL and the continuing success of the sector. Our growing membership reflects the increasing significance of our industry and our collective commitment to delivering good customer outcomes."
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