Base Commercial Mortgages has offered to review pipeline cases from brokers left in the lurch by Salt Commercial's recent decision to cease new lending.
The firm says it can provide a full decision in principle for most cases within four hours of receiving a completed application form. Paul Marland, sales and marketing director at Base, says: “Preparing and submitting a commercial mortgage application involves considerably more work than a residential mortgage and to have to re-broke cases is a major set-back for intermediaries. “Base is happy to extend a helping hand to our key business partners, particularly those who have clients where speed of completion is a critical factor.” He says Base cannot guarantee to place every case but...
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