Connect has added StreamBank to its lending panel and giving its appointed representatives access to the lender’s bridging proposition, covering both regulated and unregulated markets.
StreamBank has been active in bridging for over five years and, since February 2023, has operated as a fully regulated, self-funded bank.
The lender is known for its common-sense approach to decision making, dedicated underwriting, and rapid turnaround times of between one and four days.
The partnership will give Connect’s Products span residential, semi-commercial, commercial and development bridging, with loan sizes from £100,000 up to £3 million and terms of up to 18 months.
StreamBank also offers several tailored product lines, including StreamLine for higher-value residential cases, FastStream for auction purchases and fast completions, and StreamEdge, which combines sharp pricing with a £1,000 legal fee contribution.
FLEXIBLE APPROACH
Roz Cawood Managing Director, Property Finance at StreamBank, said: “We are excited to be joining the Connect panel and bringing our fresh, flexible approach to a wider adviser audience.
“Our aim has always been to combine the strength of being a bank with the speed and pragmatism that brokers need in today’s bridging market.
“By working in close partnership with advisers and assigning a dedicated underwriter to every case, we ensure deals progress quickly and smoothly.”
Jane Benjamin, Mortgage Director at Connect, added: “StreamBank’s addition to our panel is excellent news for our ARs.
“Their ability to deliver both regulated and unregulated bridging, their commitment to service, and their focus on pragmatic lending solutions will be hugely valuable to advisers working on complex or time-sensitive cases.”
