Quantum Mortgages has launched a new specialised mortgage range, QML Pro, to cater for unique property and borrower circumstances. With unique features and flexible criteria, the lender has suggested that QML Pro is “tailor-made” for applicants with specialised property types and specific market experience, aiming to serve investors and homeowners who may not meet traditional lending requirements. QML Pro will welcome a variety of property types, including but not limited to HMOs and multi-unit properties greater than 12 units, properties with unique construction types, properties valued below £70,000, freehold flats, maisonettes, coach houses, and properties with specific usage class restrictions. With a maximum loan limit of £1m, the lender also stated that its offering caters to a diverse range of property investments, providing financial support to a broader spectrum of borrowers.

The Right DA Club has confirmed the appointment of Steven Howard as its new head of regulatory support. Howard has joined with immediate effect having spent more than 35 years working in the financial services industry in both adviser and compliance-focused roles. He has moved from Simplybiz where he spent over 16 years, most recently as its head of mortgage lending and compliance services. Howard will look after The Right DA Club’s regulatory support proposition which delivers compliance solutions to directly authorised firms.

Sirius Property Finance has launched an asset finance offering to complement its existing property debt advice service for SME and high net worth clients. Sirius Asset Finance has already completed a successful soft launch, working with several lenders to provide funding solutions for clients. It offers options across hard asset, soft asset, and structured asset finance, predominantly operating in the tier one and tier two space. According to Paul Debney of Sirius Asset Finance, the firm has already had “high levels of demand” from its client base and sees the market as a “major growth sector”, as well as an essential business offering for Sirius and Brightstar moving forward.

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