Quantum Mortgages has appointed Phil Beswick as its new representative for the Northeast region, a strategic move that aims to enhance its bridging finance offerings. Beswick, who previously worked as a key account manager at LiveMore Mortgages, will focus on building relationships with intermediaries in the area, particularly those interested in specialist lending solutions.
Who is Phil Beswick?
Phil Beswick brings a wealth of experience to Quantum Mortgages, having worked closely with distribution partners and advisers in the later-life lending market. His expertise is anticipated to bolster Quantum’s outreach and service levels in the Northeast, where he plans to connect with intermediaries who require specialised lending options.
What are Quantum’s recent product launches in bridging finance?
Quantum Mortgages has recently introduced new cashback and product transfer propositions that have garnered positive feedback from brokers and landlord clients. These offerings are designed to enhance the lender’s appeal in the competitive bridging finance market, providing clients with more flexible options tailored to their needs.
What this means for landlords and brokers
The appointment of Beswick is significant for landlords and brokers in the Northeast. With a dedicated representative in the region, brokers can expect more focused support and tailored solutions for their clients. Landlords may benefit from enhanced communication and access to Quantum’s innovative products, including the new cashback options, which could improve their financing strategies.
Frequently asked questions
What is bridging finance?
Bridging finance is a short-term loan designed to bridge the gap between the purchase of a new property and the sale of an existing one. It is commonly used in property transactions where quick access to funds is necessary.
How can I apply for a bridging loan?
To apply for a bridging loan, you typically need to approach a lender like Quantum Mortgages, provide details about the property, and demonstrate your repayment plan. It’s advisable to consult with a broker for tailored advice. For more information, check out our bridging finance guide.