Aspen Bridging has been appointed to Connect for Intermediaries’ bridging panel with immediate effect.
Connect for Intermediaries will package its members’ requests before being sent onto Aspen, who suggested it would then deal directly with the broker and applicant.
Aspen also indicated the structure of the agreement will ensure it can continue to meet its time-based service excellence targets – which aims to take the majority of applications from enquiry to completion in three to 10 days.
Aspen Bridging director, Jack Coombs, said: “Connect for Intermediaries is a network synonymous with outstanding service and support for brokers, an ethos that mirrors our own. We will work closely to further educate intermediaries on the bridging sector, and to complete cases quickly and efficiently.”
The agreement will provide Connect for Intermediaries’ members with immediate access to Aspen’s new 2020 rate card, which introduced flat rate products without exit fees.
The lender added that it now offers ‘Prime & Development Exit’ and ‘Standard & Finish & Exit’ across its residential, commercial and mixed development applications – with flat rates offered at 0.89% at 80% LTV, 0.84% at 75% LTV and 0.79% at 70% LTV.
Connect Mortgages CEO, Liz Syms, said: “We have seen a rise in demand for bridging via our ARs, our packager distribution and our own advisers, so we are actively seeking to increase the choice of lenders available to them. Therefore, I am pleased to welcome Aspen Bridging to our panel as one of over 130 lenders we currently work with.”
Latest News
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories