Rosemount Financial Solutions (IFA), the mortgage, protection and financial planning network, has announced a new partnership with Loans Warehouse.
Loans Warehouse is one of the UK’s largest bridging and second charge brokers.
The partnership will provide Rosemount’s growing team of advisers with the option of referring clients with second charge or bridging needs over to Loans Warehouse.
Second charge mortgages are growing in importance in the mortgage market, with recent data from the Finance & Leasing Association showing that the number of agreements and value of deals in July increased by 25% and 30% respectively on the same point last year.
Meanwhile, bridging loan books have hit record highs according to the Bridging and Development Lenders Association, as the short-term loans are utilised by investors and homeowners alike.
Ahmed Bawa, CEO of Rosemount Financial Solutions (IFA) Ltd, commented:
“We are delighted to have agreed this partnership with Loans Warehouse. Both second charge mortgages and bridging loans are in ever greater need from the clients we see at Rosemount, and this relationship means that our advisers will be able to refer cases over to sector experts with access to the best possible products.
“It is clear from our discussions with the Loans Warehouse team that we share an ethos of delivering the highest standard of service to clients, so we know that when referrals take place, the clients will be well looked after.”
Matt Tristram, Co-Founder of Loans Warehouse, added:
“We are thrilled to announce our partnership with Rosemount Financial Solutions (IFA). The addition of Loans Warehouse to their panel for second charge lending, bridging, and development finance shows their dedication to offering the best solutions for their members when it comes to specialist lending. Rosemount is one of the most noticeable brands in financial services, and their commitment to curating the best specialist lending options for their members is evident.
“In the coming weeks, Natalie McNamara, our Head of Network Distribution & Growth, and I look forward to engaging with Rosemount’s members. We’ll be sharing insights into our products and discussing how mortgage advisers can best leverage second charge and bridging finance to benefit their clients.”
