A LAW firm in Bury has decided to branch out into the bridging loans world.
Clough & Willis, of Manchester Road, is introducing the service for commercial property clients.
Under Andrew Palmer, a senior associate, the team will be tasked with acting for both lenders and borrowers, advising clients on all legal requirements when taking out a bridging loan and ensuring that agreed obligations and timescales are met.
Mr Palmer said: “We decided to launch this new service as direct response to demand coming from our clients.
"Taking a bridging loan out is a big commitment so it is important to seek legal advice at the earliest stage possible.
"That way you can be aware of and - most importantly - pre-empt any of the usual pitfalls."
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