Quantum Mortgages has promoted Rachel Thomas to head of bridging finance.
Since becoming a member of Quantum Mortgages as an underwriter in September 2024, Thomas has performed a pivotal position in growing and launching the bridging proposition.
Her earlier expertise consists of senior underwriting positions at Lendco, Octopus Real Estate, and Harrods Bank.
The lender launched its bridging providing in April with a choose vary of merchandise made accessible to chosen intermediaries and introducers.
After a profitable pilot section and the completion of its on-line portal, the lender has broadened its product suite to embody semi-commercial properties, ex-local authority housing, and properties in Northern Ireland.
Quantum’s Residential Investment product has additionally been prolonged to help expats and overseas nationals.
Quantum Mortgages chief govt Jason Neale says: “Rachel’s promotion is totally deserved. She has been instrumental in delivering our bridging product to market and has led the underwriting of our preliminary completions with distinctive professionalism.”
“Rachel is a extremely skilled bridging finance skilled with a confirmed monitor file of managing a top quality underwriting course of who will little doubt excel in her new position.”
Thomas provides: “I’m thrilled to lead our bridging division into its subsequent section. We have been working onerous to good the proposition and the net buyer journey, which now full, provides a refreshingly easy and clear different to the standard and outdated means of acquiring brief time period property finance.”