First 4 Bridging (F4B) has launched a free 24-hour case checker initiative for brokers.
The move will provide an option for brokers to double-check lending terms received to ensure they have sourced the most suitable product and lender to match their client’s needs.
Brokers would need to send F4B outline details of the case to the case checker team. The case will then be reviewed out of office hours and the broker will receive a recommendation on how to proceed within 24 hours.
F4B will then decide whether the terms are suitable or not, offering alternative recommendations if need be.
The broker can then choose what to do with this information.
The launch of this initiative follows F4B’s recent expansion of its operations with the opening of a Manchester-based intermediary support centre.
The expansion has provided the packager with additional resources to facilities this free service.
Donna Wells, director at F4B, comments: “Short-term lenders are constantly modifying rates, criteria, policy and suffering from a variety of service-related issues, factors which are making it increasingly difficult for less experienced brokers to keep on top of all these ever-changing demands in what is an already complex product area.”
“With the stamp duty deadline approaching, demand for short-term finance will continue to rise and we hope our 24-hour case checker will provide an additional layer of security for brokers and highlight the benefits attached to this important area of the specialist mortgage market.”
For further information on the brand-new case tracker, you can click here.