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Spring Finance has trimmed rates and boosted its bridging criteria, while Market Financial Solutions extends its valuation refund offer for short-term lenders. Spring Finance says it has cut rates, by five basis points starting from 0.94%, across its bridging product range. The specialist lender has also enhanced
Positive Lending has hired Graeme Wade as regional account manager for the south at the specialist packager. The directly authorised firm says Wade’s 20 years of experience in financial services has equipped him with “exceptional leadership and market acumen,” which he brings to the business. He previously worked
Spring Finance has promoted Paul Carley to head of sales for second charge mortgages. The specialist lender, founded in 2011, says he “will focus on building intermediary relationships and driving growth and distribution”. Broker Carley has worked for the business for almost 13 years, and was previously in its
Spring Finance has launched products into its second charge product range covering lifetime trackers, a two-year fixed-rate deal and landlord offers. The specialist lender says its new two-year fixed-rate residential product starts at 10.15% with a loan to value that runs up to 80%. Its lifetime tracker starts at
Spring Finance chief executive Gavin Diamond will leave at the end of the week after 10 months at the specialist lender. The firm says owner and executive chairman Andrew Bloom will lead the business. Diamond joined the company last July from United Trust Bank, where he worked for almost nine years, leaving as