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Real estate finance and investment firm TAB has extended its services to Scotland, introducing its bridging loan solutions to the region. With a focus on major towns and cities, TAB aims to cater to both commercial and residential properties.
Jon Sturgess, the sales development director, will lead the Scotland team in fostering new and existing relationships, with legal support provided by Brodies LLP.
Sturgess remarked, “TAB’s expansion into Scotland in 2024 marks a significant milestone in our journey to provide comprehensive lending solutions across the UK. We are committed to strengthening our connections and delivering expert services to our customers.”
Alistair Ewing, managing director at the Lending Channel, expressed his satisfaction with TAB’s entry into the Scottish market, highlighting their expertise in bridging finance and their commitment to tailoring financial solutions to Scottish borrowers.
TAB’s move into Scotland follows a successful 2023, which saw the company secure a £300 million private securitisation facility from Natwest and introduce new commercial mortgage and fractional investment products. This expansion signifies TAB’s broader growth strategy for 2024, extending beyond its traditional focus on London and the South East.
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By Proptechbuzz
By Ravi Kumar
