Quantum Mortgages has expanded the scope of its bridging loan offering, unveiling a series of criteria enhancements aimed at supporting landlords and property investors in underserved corners of the UK market.
Just three months after launching its bridging proposition, the specialist buy-to-let lender has confirmed that it will now lend in Northern Ireland, accept applications from foreign nationals and expatriates, and support finance for ex-local authority and semi-commercial properties.
The expanded criteria also include dedicated refurbishment loans with a streamlined exit onto a Quantum buy-to-let mortgage.
WIDER LENDING
The update represents a notable broadening of Quantum’s bridging remit and is designed to appeal to brokers with clients who struggle to secure funding through mainstream channels.
Investors in Northern Ireland, in particular, are expected to benefit, as the region has long suffered from patchy lender coverage.
Harsha Dahyea (pictured inset), chief commercial officer at Quantum Mortgages, said the changes were driven by sustained engagement with intermediaries.
“These updates reflect our ongoing dialogue with the intermediary community,” he said.
“We’re proud to once again deliver on our promise to support complex cases with practical, common-sense lending solutions.
“Whether it’s a landlord expanding their portfolio or an investor tackling a refurbishment, our bridging range is designed to evolve with the market.”
