Spring Finance enters bridging market with intermediary pilot

With an offering of regulated, non-regulated, first charge, second charge and refurbishment products, the pilot is being run with selected intermediaries ahead of a full launch later in Q2.

Jim Baker, sales director of bridging at Spring Finance, said: "The pilot is a key phase in helping us build a proposition that provides an exceptional broker experience. With an underwriting team led by the experienced and highly regarded Claire Newman, this is an exciting and valuable period for us to work and listen closely to our broker partners to help us fine tune ahead of a full market launch."

Andrew Bloom, owner of Spring, added: “This is a significant day for Spring as we begin the next phase of our planned growth. We are building an exceptional team at Spring and I am delighted with the progress made in such a short space of time.”