Rosemount Financial Solutions (IFA) has announced a new partnership with bridging and second charge broker, Loans Warehouse.

The partnership between the pair will provide Rosemount’s team of advisers with the option of referring clients with second charge or bridging needs over the broker.

Rosemount said that second charge mortgages are "growing in importance" in the mortgage market, with recent data from the Finance & Leasing Association showing that the number of agreements and value of deals in July increased by 25% and 30% respectively on the same point last year.

Meanwhile, bridging loans books have hit record highs according to the Bridging and Development Lenders Association.

Chief executive officer at Rosemount, Ahmed Bawa, said: "We are delighted to have agreed this partnership with Loans Warehouse. Both second charge mortgages and bridging loans are in ever greater need from the clients we see at Rosemount, and this relationship means that our advisers will be able to refer cases over to sector experts with access to the best possible products.

"It is clear from our discussions with the Loans Warehouse team that we share an ethos of delivering the highest standard of service to clients, so we know that when referrals take place, the clients will be well looked after."

Co-founder at Loans Warehouse, Matt Tristram, added: "The addition of Loans Warehouse to itspanel for second charge lending, bridging, and development finance shows its dedication to offering the best solutions for their members when it comes to specialist lending. Rosemount is one of the most noticeable brands in financial services, and its commitment to curating the best specialist lending options for their members is evident.

"In the coming weeks, Natalie McNamara, our head of network distribution and growth, and I look forward to engaging with Rosemount’s members. We’ll be sharing insights into our products and discussing how mortgage advisers can best leverage second charge and bridging finance to benefit their clients."

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