Bridging Finance Solutions (BFS) has outlined plans to expand into Scotland as part of the specialist lender’s ongoing development plans.

The Wirral-based firm’s growth has averaged a rate of 30% for the past five consecutive years.

Over 16 years, BFS has widened its scope from a predominately North West lender to a national one – the move into Scotland marking a natural evolution for the company.

Steve Barber (pictured), managing director at BFS, said: “A move into Scotland feels like the next natural step for us in terms of geographical expansion. We now have the BDM and Underwriting resources to expand confidently into Scotland and continue to deliver the excellence of service for which we are known in England and Wales.

“Initially, we will offer bridging only rather than development finance whilst we gain a greater understanding of this market and its needs. Our remit now is to raise awareness of our products, forge alliances with local brokers and continue to educate the wider marketplace on the diverse ways bridging can be accessed and used efficiently.”