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TODAY'S OTHER NEWS

JPC Law becomes the newest member of the ASTL

The commercial and private client practice, JPC Law, has now joined the ranks as an associate member of the Association of Short Term Lenders (ASTL).

The London-based law firm covers the whole spectrum of business law, as well as individual legal affairs. Services include property finance, construction law, international legal matters, property litigation and residential conveyancing.

Steven Porter, partner at JPC Law, describes this addition to the leading trade association in the industry as a “natural progression.”

“It is vital that we are at the cutting edge of developments surrounding short-term finance,” he said.

JPC Law has also been involved in the bridging loan business for six years, servicing hundreds of loans. The firm aims to accommodate a high volume of matters combined with a quick turnaround which reflects the nature of the bridging market.

Porter added: “By its nature, bridging finance is fast-moving and intense, and therefore requires both legal and commercial judgement. Our experience and track record demonstrates that we can fulfil these vital roles, and we see our joining the ASTL as a testament to our continued effort to do so.”

JPC now has a forum in which to share key information with fellow professionals.

CEO of ASTL, Benson Hersch, commented: “The bridging market is well supplied and is becoming ever more competitive. Therefore, while it’s been reported that some lenders are expected to leave the market, solicitors that understand the specialist market – like JPC Law – will continue to play an important role.”

“The law firm was recommended to us by three current members of the association. Similarly to the ASTL; professionalism, expertise and service standards are of paramount importance to the JPC Law, so it is another welcome addition to the growing association.

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