Castle Trust Bank passes £50m milestone with Dynamo bridging team

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Castle Trust Bank has surpassed £50 million in bridging and buy-to-let completions with Dynamo’s bridging and structured finance division.

The completions, which have taken place already this year, reflect what the lender described as the strength of its service-led lending model and long-standing broker relationships. Central to the bank’s success with Dynamo is a close working relationship with Sy Nathan, head of bridging and structured finance at the mortgage distributor.

Castle Trust’s approach includes embedding underwriting support directly within the broker’s operations. Senior underwriter Jackie Merrigan has held regular office days at Dynamo to provide real-time case support, while regional account manager Sammi Gilbank has also played a central role.

Anna Lewis, commercial director at Castle Trust Bank, said the partnership was a clear example of how aligned objectives and consistent communication can lead to strong results.

Anna Lewis

“This milestone with Sy Nathan reflects the exceptional outcomes that can be achieved when lenders and brokers are aligned – and it’s something we’re committed to delivering across the board,” she said.

“We believe that successful broker partnerships are built on providing a tailored and responsive service. In the case of Dynamo, our regional account manager, Sammi Gilbank, has played a pivotal role, whilst senior underwriter, Jackie Merrigan, has embedded a dedicated underwriting resource directly into the broker’s business – including weekly office days to accelerate progress and provide real-time case support.

“Our relationship with Dynamo, and Sy Nathan in particular, has blossomed this year due to the strength of relationship and our common goal of achieving the best outcomes for customers.

“The underpinning factor behind this success is the trust that Dynamo can put into Castle Trust Bank’s team to deliver every time – the more that brokers work with us, the more they see the benefit. We’re looking forward to hitting similar milestones with more brokers in the near future.”

Castle Trust’s dual representation agreement with law firm Russell-Cooke has also been credited with speeding up completions by increasing efficiency across a high volume of cases.

Sy Nathan (pictured) echoed the emphasis on certainty and collaboration in what remains a challenging lending environment.

“In the current market environment, delivering certainty around funding options to our clients is more crucial than ever,” he said.

“This commitment has been central to our success in facilitating over £50 million in loans with Castle Trust. Our strong partnership with the Castle Trust team has been vital in reaching this milestone.

“Equally significant has been the unwavering support from Mark Toland and the team at Russell Cooke, whose expertise has ensured a seamless experience for our clients.

“This collaborative approach – working closely with all stakeholders – has been key to delivering successful outcomes and maintaining high levels of service throughout the process.”

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