Together partners with TBMC for auction and bridging finance

Published on

Specialist lender Together has announced its partnership with buy-to-let and commercial mortgage broker TBMC.

Together will be the first lender to provide auction finance, bridging finance and commercial second charge mortgages via the packager, which works with the intermediary market across the UK.

Gary Bailey, sales director at Together, said: “We work with a broad network of brokers and packagers and are constantly looking to expand this with the right partners, so we’re delighted to be teaming up with TBMC. Their reputation in the commercial space means that they are an ideal partner for us, and we look forward to developing a lasting and mutually supportive relationship.

“Whilst we cover a wide range of products at Together, the initial focus of the partnership will be auction finance, bridging and second charges, which are new to TBMC’s offering.

“TBMC have extensive experience in the buy-to-let sector and auctions are becoming an increasingly popular avenue for property investors when it comes to growing their portfolios, so their buy-to-let expertise and our thorough knowledge of the auction market is a winning combination.”

Jane Simpson, managing director at TBMC, added: “We’re already known as the go-to packager for buy-to-let and commercial mortgages but we’re delighted to be expanding our commercial offering with auction and bridging finance, as well as second charge mortgages with Together.

“Their team are renowned for delivering a fast and efficient service which is essential in the commercial marketplace where deadlines are often tight, so we’re confident in trusting our customers to them.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Energy-efficient homes ‘may carry higher climate risks’

Some of the UK’s more energy-efficient homes could face greater long-term exposure to flooding...

New towns plan may help supply but risks falling short, says former RICS chair

The government’s announcement of seven proposed new towns has been broadly welcomed as a...

Buy-to-let mortgage rates rise as landlords face fresh cost pressures

Buy-to-let mortgage rates have risen sharply this month, while landlords are also facing further...

Virgin Money to take mortgage application systems offline for five days

Virgin money has announced that its Virgin Money and Clydesdale online application platforms will...

Parental support for adult children is reshaping retirement plans

Three in five parents with children aged over 18 are providing financial support, with...

Latest publication

Other news

Energy-efficient homes ‘may carry higher climate risks’

Some of the UK’s more energy-efficient homes could face greater long-term exposure to flooding...

Mutual strength and the broker partnership

The mutual sector has always been associated with community purpose, local branches and a...

New towns plan may help supply but risks falling short, says former RICS chair

The government’s announcement of seven proposed new towns has been broadly welcomed as a...