Tiuta web to build a bridge

Bridging loan provider Tiuta has launched a new website with a number of tools and enhancements for intermediaries.

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The redesigned website includes a number of features such as an online decision in principle and case tracking facility, product and underwriting guides and up to date news on the latest developments at Tiuta.

The website will also provide guidance for advisers who are considering branching out into the sector including an information tool on the types of client an intermediary could target and a list of Tiuta seminars where intermediaries can learn more about the bridging loans market and apply to attend a seminar.

Gary Booth, chief executive of Tiuta, said: "We are delighted with the new website. It symbolises our professional approach and more importantly, reflects our commitment to our intermediaries.

"We are confident the new website will further improve our already strong relationships with our partners."

Pamela Brimmage, financial consultant for mortgage adviser Southport Investment Bureau, said the main problem with bridging finance was ensuring an exit strategy was in place.

She said: "Unless you know you can move that in six months time it is very difficult to make it fit."

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