MCI Mortgage Club has added bridging lender Glenhawk to its lending panel.

Glenhawk provides short-term loans on residential, commercial and semi-commercial property, refurbishment and conversions as well as second charge with rates starting from 0.65%. Loans range from £250,000 to £5m on all unregulated products.

Last October, the firm began lending on regulated bridging products with loans ranging from £150,000 to £1.5m with rates going from 0.59% to 0.89% per month.

London-based Glenhawk, founded in 2018, lends predominantly in the South East but plans to boost its footprint in the north, and says this partnership aims to boost its expansion.

Earlier this year, Glenhawk sealed a £2m bridging loan on a high value residential property in Scotland.

MCI Mortgage Club head Melanie Spencer says: “The bridging and short-term property finance market has been busy so to be able to bring in a new partnership with Glenhawk will provide our members with more options.

 “We now have 65 lenders on our panel offering a wide range of mortgages to cover all possible requirements that clients may have.”

 Glenhawk director of sales Jamie Pritchard adds: “We are keen to expand our geographical reach and lend throughout England, Wales and Scotland.

“Teaming up with MCI will help us to reach more brokers and clients and we look forward to working with its members.

“We pride ourselves on being very flexible and deal with all cases on an individual basis to find the best solutions for our clients.

“We can supply an agreement in principle within one hour and our dedicated underwriters will see the loan through from start to completion offering advice and guidance along the way.”