The Association of Short-Term Lenders (ASTL) has announced that Glenhawk has become the latest lender to join the organisation.

Glenhawk provides short-term property finance to help clients progress developments.

Members of the ASTL abide by a code of conduct and are typically bridging and secured loan companies who provide loans and mortgages for short terms, usually of between six months and one year.

This code of conduct requires ASTL members to disclose costs and fees up front with no small print or misrepresentation of product offerings, and not charge non-refundable fees which could be perceived as being excessive.

CEO of the ASTL, Vic Jannels, commented: “I’d like to welcome Glenhawk as the latest lender to join the ASTL. As a member of our association, Glenhawk commits to our code of conduct and member rules, which set the standard for customer service and transparency in short-term lending.

“As the bridging market continues to grow and work with more customers it is imperative that we uphold our high standard and membership of the ASTL provides brokers with reassurance that they are choosing a lender they can trust to do the best by their clients.”

Glenhawk director of sales, Jamie Pritchard, added: “Each and every member of our team prides themselves on their reliability and accountability for both our internal and external business practices.

“Open, direct and transparent communication is an essential part of this, allowing us to exercise judgement with thought and integrity. We recognise the importance of actively educating the wider market on the opportunities for investors and the solutions short term finance offers.

“Our commitment to transparency and customer focus aligns directly with the values of the ASTL, and we are proud to become members of this influential association.”

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