Property consultancy, Allsop, has been announced as the latest professional organisation to join the Association of Short-Term Lenders (ASTL) as an associate member.

Allsop provides a range of services for residential, commercial and mixed-use property and is also known as a property auction house.

Members of the ASTL are typically bridging or secured loan companies who provide short-term loans and mortgages, normally ranging between six months to a year.

Lenders must abide by a code of conduct which requires them to disclose costs and fees up front with no small print or misrepresentation of product offerings, and also not charge non-refundable fees which could be perceived as being excessive.

CEO of the ASTL, Vic Jannels, said: “I am really pleased to welcome Allsop as the latest professional organisation to become an associate member of the ASTL. Short term lending is a vital cog in the property industry, providing a funding solution for a wide variety of circumstances.

“The reputation of our sector is built on all of the businesses involved, which is why associate members are so important to the ASTL, and our growing membership reflects the increasing number of like-minded businesses that want to demonstrate a commitment to high standards and focus on the end customer.”

Partner at Allsop, Stuart Gayer, added: “We have an open, friendly, honest and people-focused approach to developing successful partnerships, and this has helped us to build a market-leading reputation for high-quality service and integrity.

“This approach also aligns closely with the ASTL’s values of transparency and customer focus, and we are delighted to join the Association as associate members.”

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