Brickflow’s collaboration with Together has forged a new path in bridging finance, benefiting intermediary Blueberry.
- The partnership facilitated an unregulated bridging loan, a first for Blueberry with Together, marking a significant milestone.
- This involved rapid loan offers from multiple lenders, addressing an urgent property financing need within two weeks.
- The collaboration highlighted the effectiveness of Brickflow’s technology in overcoming complex lending challenges.
- Key figures from both Brickflow and Together have expressed enthusiasm about the outcomes and future possibilities.
Brickflow’s strategic partnership with Together has opened a promising new financing channel for Blueberry, marking a pivotal development in the world of bridging finance. This collaboration allowed Blueberry to secure an unregulated bridging loan from Together for the first time, enhancing their mortgage lending capabilities. The deal underscores the significance of innovative financial collaborations.
The transaction was necessitated by a challenging scenario where Blueberry’s client required urgent funding for an auction property deemed unmortgageable. With Brickflow’s advanced search functionality, the intermediary was able to receive competitive loan offers from five different lenders in just a few hours, an impressive feat that illustrates the platform’s efficiency.
Handling obstacles such as down valuation and tight timeframes, Blueberry successfully obtained a £352,240 bridging loan, demonstrating both the flexibility and speed needed in today’s market. Ian Humphreys, CEO of Brickflow, commented on this successful completion, seeing it as a testament to the potential of their platform in expanding financial options for partners like Blueberry.
Dan Narwal from Together emphasised the collaborative effort with Brickflow, noting that their broad product range and flexible criteria were crucial in achieving a swift turnaround for the unregulated bridging loan. Together’s commitment to understanding each case’s unique merits allowed them to meet the client’s property goals effectively.
Both organisations anticipate further fruitful collaborations, leveraging their strengths to provide exceptional service to a wider intermediary network. The successful facilitation of this deal is a clear indicator of the robust capabilities and synergy between Brickflow and Together.
This partnership between Brickflow and Together sets a new standard for bridging finance solutions, driving innovation and opportunity in the industry.
