The deal was completed within 10 working days of obtaining credit approval

Bridging lender Inspired Lending has announced it will now lend in Scotland.

The deal was offered at 0.84% per month and completed in 17 days, one day before the existing deadline.

The complex case featured two six-bedroom properties in Buckinghamshire.

The specialist bridge lender provided the £13m development exit loan to an experienced developer against 24 high-quality apartments in Denmark Hill, London.

The five-day bridge saved the customer's deposit on their newbuild apartment in London

Marc Goldberg, CEO of sales & distribution at Together explores how bridging finance can be a valuable tool for investors and house hunters alike.

The latest case highlights UTB's expertise and funding power to provide solutions to short leases.

The developer has completed five separate deals in less than 12 months with Aspen at a total loan value of £2.1m.

The new product from the specialist lender is a hybrid of a bridging loan and a longer-term buy-to-let mortgage