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."