Catalyst Property Finance expands distribution after successful launch
Catalyst Property Finance, provider of short-term property loans to 80% LTV, is increasing distribution to all intermediaries after a successful launch with origination via sister company, Positive Lending, and selected pilot partners. Catalyst is inviting intermediaries to register for direct access via www.catalystpf.co.uk or submit packaged cases via Positive Lending.
Chris Fairfax, CEO at Catalyst Property Finance says: “Catalyst is the culmination of over 10 years working with virtually every bridging lender in the UK and applying that insight and experience, good and bad, plus rethinking some of the widely accepted principles. It was important for me that Catalyst can consider all forms of property, all refurbishment, first and second charge, up to 80% LTV and with competitive interest rates. The market has seen a huge amount of new entrants and most do not offer anything new; Catalyst offers genuine added value to intermediaries. The last year has been about refining every aspect of our service to make sure a great product can be delivered at far greater scale. Having worked with brokers at my role with Positive Lending I look forward to developing old and new relationships leading Catalyst to a wider audience”.
Thomas Clark, Director at NapeX Finance commented: “My team NapeX Finance have already enjoyed completions with Catalyst Property Finance. We have been delighted by their service, terms and the flexible approach they offer. We feel that, in a saturated bridging market, Catalyst brings some much needed innovation. This is a busy lending space but Catalyst offers something new and is led by a highly experienced team. We enjoy working with Catalyst, they have already proved themselves to be a lending partner who can give our clients the finance solutions they need throughout the lending cycle. ”