Paradigm member firms will have access to Scottish Bridging Loans’ full range of products, which includes bespoke bridging loans tailored for various complex financial needs.

Launched in January 2023, Scottish Bridging Loans offers coverage across the country, including the Highlands and Islands, without any postcode restrictions.

The lender specialises in first- and second-charge bridging loans for a maximum period of 12 months against residential and commercial assets, and also provides second-charge bridging loans against residential security for business purposes.

The lender’s loan amounts range from £30k to £1m, with loans available up to 75% LTV and rates starting from 1% per month.

Scottish Bridging Loans also offer second-charge loans up to 75% LTV, with a maximum term of 12 months, and can often issue indicative terms within the hour.

It facilitates financing for residential and commercial assets, land with planning, purchases, light refurbishments, development exits, and buy-to-let investments.

Paradigm director of mortgages Richard Howes comments: “The addition of Scottish Bridging Loans to our lender panel is a testament to our commitment to enhancing our offerings in this area.”

“Scottish Bridging Loans’ expertise in bridging finance, and their ability to work closely with advisers to secure the best deals for clients, make them a valuable addition to our panel.”

Scottish Bridging Loan chief executive officer David Travers adds: “We are delighted to be working with an award winning mortgage club like Paradigm. This will allow a greater number brokers to access our products and sample our service levels.”