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The mortgage club already has a bridging finance partnership in place with Cheval but it is currently looking to expand this proposition for its members.

Phil Whitehouse, head of The Mortgage Alliance, said in the current market building a stronger and more flexible proposition could help negate the prospect of its members losing a potential sale.

Mr Whitehouse said: "Options and choice are valuable commodities in the modern mortgage market and bridging finance is a viable option for advisers if their clients need to borrow short-term finance quickly to solve a range of potential deal breaking issues.

"We are looking into expanding our offering in this sector but as with anything it is vital that we choose our partnerships wisely and we are undertaking strict due diligence procedures before entering into such a partnership.

"Bridging finance remains a good option but it may not be for everyone and it is important that advisers and bridging providers fully understand the full implications of what the finance is being used for and if this is the best option available."