SPF launches new build division

Mortgage broker SPF Private Clients has launched a division specialising in high value new build called SPF New Homes.

Mortgage broker SPF Private Clients has launched a division specialising in high value new build called SPF New Homes.

SPF said it has identified a gap in the market for expert advice and financing.

SPF New Homes will build on the broker's relationships with lenders, while the London-based firm will also build links with developers.

The team will have UK coverage and will be led by Russell Hall, head of new homes, alongside Matt Wilde, sales director.

Wilde said: ''Purchasing a new-build property is often problematic from a mortgage perspective.

''This is particularly relevant when buying off-plan or when completion is a number of months off. Our aim is to ensure a stress-free transaction from start to completion, fitting in with the developer's timescales.''