Glenhawk has partnered with mortgage platform provider, Twenty7Tec.
The UK challenger lender’s regulated products will be available on Twenty7Tec’s proprietary SOURCE platform.
Twenty7Tec has reported that its platform has seen a significant increase in users during the coronavirus pandemic, as a result of a resilient homeowner market and continued retrenchment of the high street banks.
Brokers will initially have access to Glenhawk’s regulated bridging product range, which offers up to 70% LTV, rates starting at 0.59% and is available for joint representation. As part of the agreement, Glenhawk will also roll out its unregulated products on the SOURCE module in due course.
Twenty7Tec head of lender relationships, Nathan Reilly, commented: “We’re delighted to be partnering with Glenhawk as it looks to support even more brokers and customers with their specialist lending needs. Glenhawk’s addition to the platform, alongside similar announcements we’ve made across Q1, underlines the increasing importance of technology in the specialist lending market.”
Glenhawk director of sales, Jamie Pritchard, added: “Twenty7Tec is a market leading platform to source mortgages and short-term finance solutions, having seen a significant increase in search volumes over the last year.
“In today’s competitive market, it is vital that we find platforms that allow brokers to obtain a financial solution that best suits their customers, as efficiently as possible. Twenty7Tec has a proven single-platform model, that connects brokers with lenders to help complete deals swiftly. We are incredibly excited to be partnering with them.”
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