Contents


www.mortgageintroducer.com • July 2011


Welcome to the fi rst edition of Bridging Introducer – the fi rst print magazine to focus on the world of short-term fi nance brought to you by the team at Mortgage Introducer. The market for short-term fi nance is undergoing radical change with looming regulatory issues hanging in the air a deluge of new entrants, products and trends. Rapid change leads to a thirst


for information and Bridging Introducer will deliver everything you need to know that will affect the products you recommend backed by all the breaking news through our sister site www


.mortgageintroducer.com.


Traditional bridging loans can be a great way to help clients out of sticky situations as well as generating additional income. And with short-term fi nance available for up to three years now there has never been a better time to learn about the options that are available to those that need it most. Each edition of Bridging Introducer will be led by a cover story profi ling one of the captains of our industry.We start with Precise Mortgages, the new kid on the bridging block, looking at how they plan to shake the short term fi nance market


Cover and pages 28-31 photos: Robin Beckham Editor


Sarah Davidson, 020 7502 8225 Sarah@thepublishinggroup.co.uk


Reporter Yuan Phoon, 020 7502 8220 Yuan@thepublishinggroup.co.uk


Editorial Director


Nia Williams, 020 7502 8231 Nia@thepublishinggroup.co.uk


Issue 1 July 2011 Publisher


Robyn Hall, 020 7502 8229 Robyn@thepublishinggroup.co.uk


Advertising Manager Matt Bond, 020 7502 8227 Matt@thepublishinggroup.co.uk


Subscriptions Andrew Goldsmith, 020 7502 8220 Andrew@thepublishinggroup.co.uk


The text and cover papers used in this publication are sourced from sustainable forest products and are fully recyclable.


Printed in England by


The Magazine Printing Company. Distributed by The DM Print & Mail Company


ADVICE TO READERS


Information carried in Bridging Introducer is checked for accuracy, but we recommend that you make enquiries and, if necessary, take legal advice before entering into any transactions. Any views or opinions expressed in this magazine are solely those of the author and do not necessarily represent those of The Publishing Group Ltd. All rights reserved in respect of all articles, drawings, photographs etc published in Mortgage Introducer anywhere in the world. Reproduction or imitations of these are expressly forbidden without permission of the publishers. Editorial contribu- tions requiring an answer should be accompanied by a stamped self-addressed envelope. No responsibility can be taken for contributions lost or damaged in the post. Conditions of sale and supply: this periodical is sold subject to the following conditions, namely that it shall not without the prior written consent of the publishers be lent, resold, hired out or otherwise disposed of in a mutilated condition or in any unauthorised cover by way of trade or affi xed to any advertis- ing, literary or pictorial matter whatsoever. All advertising is subject to the terms of our current rate card.


The Publishing Group Limited, 1st Floor, Fergusson House, 124-128 City Road, London EC1V 2NJ


up with its no-nonsense approach to lending. Market trends are a good guide to


what’s happening and starting on page 5 Bridging Introducer editor Sarah Davidson investigates the current climate and how bridging introducers and lenders are faring today while our regular round-table starting on page 24 kicks off the debate looking at the impact new entrants are having on the market.


At the heart of your business is advice and to help you we have recruited a panel of top brokers to help solve your problem cases. Each issue we have a regular training slot to help you build a better bridge and elsewhere we quiz the market experts on issues of the day. We want Bridging Introducer to


be your magazine so we need your feedback. Tell us what you think about regulation, new products or the short- term fi nance industry as a whole. We aim to be an independent forum that will allow your voice to be heard for the fi rst time – the voice of the true bridging professional.


Robyn Hall, Publisher,


Bridging Introducer 4 News Review


6 Bridging In Depth Why bridging is back in vogue


16 Industry Comments Expert views on the latest developments


20 Build a Better Bridge Your questions answered


22 Round-table


What competition means for the market


28 Cover Story Why Precise entered the market


32 In My Opinion The Precise Mortgages vision


34 The Last Word Regulators may stifl e the market


38 A Bridge Too Far Don’t forget to enter our competition


Short Term Lending and Bridging products Rates from 0.75%, quick decisions and fast funds.


www.precisemortgages.co.uk Mortgage Introducer Creative.indd 7 BRIDGING INTRODUCER JULY 2011 3 27/06/2011 18:42


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