First 4 Bridging (F4B) has launched a free 24-hour case checker initiative.

The bridging specialist said the move is aimed at providing an option for brokers who may not be specialists in short-term finance to double check their received lending terms, to ensure they have sourced the most suitable product and lender that matches their client’s requirements.

Brokers can send F4B outline details of the case to the case checker team, which will then be reviewed out of office hours with the broker receiving a recommendation on how to proceed within 24 hours.

If the terms received are considered to be the most suitable, F4B said it will acknowledge that this remains the best available solution for the client, but if it believes that a different solution would be more suitable then the service will outline an alternative recommendation.

F4B director, Donna Wells, commented: “Short-term lenders are constantly modifying rates, criteria, policy and suffering from a variety of service-related issues, factors which are making it increasingly difficult for less experienced brokers to keep on top of all these ever-changing demands in what is an already complex product area.

“With the stamp duty deadline approaching, demand for short-term finance will continue to rise and we hope our 24-hour case checker will provide an additional layer of security for brokers and highlight the benefits attached to this important area of the specialist mortgage market.”

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