It will also accept applications for capital raising where the applicant has sufficient equity in an existing property.

Grant Hendry, director of sales at Foundation Home Loans, explores how advisers can identify the right solutions to meet their clients' short, medium and longer-term needs.

The BDLA's membership now exceeds 90 organisations.

Gareth was previously CEO of Ocean Finance.

The lender has also raised its dual representation offering to £750,000.

The digital-only bridging lender launched last year.

The updates apply across both core and specialist ranges and cater to a variety of borrower profiles.

The offer enables brokers to help their clients access bridging finance with fewer upfront costs.

The funding will enable MT Finance to expand its buy-to-let mortgage offering and expand its specialist lending proposition across other mortgage product lines.

The lender has also reduced rates across its residential range by up to 0.35%.