Lowry Capital are to give away thousands of ‘Lowry Loyalty Points’ at a live event in Manchester…

The Mortgage Business Expo at the LCCC on Weds 23rd May is set to be the scene of a massive giveaway where Lowry Capital intend to distribute vouchers worth 100 Loyalty Points to every visitor to their exhibition stand.

Loyalty points, which can be redeemed against luxury rewards such as iPads, Flatscreen TV’s and holidays have been in high demand ever since Lowry Capital launched their ‘Lowry Loyalty’ initiative in early 2012.

Traditionally, Brokers were only able to get Loyalty Points upon the completion of a bridging loan with Lowry.  For the first time, Brokers will be able to bag points for just turning up on the day.

Director Richard Basso explained the decision to make the Loyalty Points available to anyone who visits their exhibition stand:. “The incentives we offer Brokers are to reward their loyalty, and even though the MBE is a superb event with loads going on, it’s still a big ask for Brokers to have a day out of the office, so we decided to reward them for their time and effort coming to see us.”

Lowry Capital will be distributing the free vouchers worth 100 Loyalty Points each on Weds 23rd May at the Mortgage Business Expo at the LCCC.

Lowry Capital is an award-winning principal short term lender which prides itself on high LTVs, true nationwide lending and speedy turnaround times.

Newly appointed Executive Committee member and Director of specialist packager Only Bridging, Simon Juniper, is responsible for recruiting this latest lender member.

Jonathan Caplan, Director at Lowry Capital, commented: “I have watched the AOBP grow into a large and respected organisation and we have worked successfully with many of the executive and associates.

“I was delighted to be invited by Simon Juniper to join as we have had a long working relationship with Only Bridging. We look forward to playing a full part in the organisation as it grows and continues to take a prominent role on behalf of its members.”

On behalf of the Executive Committee, Press Officer and Director of Commercial 1, said:

“Lowry Capital has a well-established reputation in the bridging market, which has been built on giving an excellent service to both individuals and companies. The AOBP welcomes Lowry as a valuable addition to its affiliate panel.”

The number of affiliate lenders is up to 15, following the recent joining of Alternative Bridging Corporation and Omni Capital.

Paradigm Mortgage Services, the mortgage partnership proposition, has today added Lowry Capital to its panel of bridging loan lenders.

Manchester-based Lowry Capital offer bridging finance solutions to customers throughout England, Scotland and Wales with a focus on a bespoke, flexible approach to lending.  Lowry Capital can offer loans to a broad range of clients including individuals whose property investment chain has broken down through to large investors and Corporations.

From today, Paradigm members will be able to access the lender through the Paradigm panel.  Lowry Capital offers brokers and their clients a number of advantages including:

• Direct contact with a decision maker who will provide an instant decision.
• Small and large loans from £25k upwards.
• Lending up to 75% of Open Market Value.
• No upfront fees – fees are only payable when the loan completes
• Express ‘Refurbishment’ product.- Funding refurbishment properties
• Exceptional customer service – instant over the phone decisions, written DIPs within minutes, valuations within 24 hours, and a legal pack issued within two hours.

Paradigm members will also benefit from particularly competitive terms and commissions include procuration and broker fees, plus additional bonuses.

John Coffield, Head of Paradigm Mortgage Services, commented:

 “Demand for bridging and short-term finance continues to grow and Paradigm is keen to offer our members access to some of the best-known, quality providers in the marketplace today.  Lowry Capital’s addition to our overall bridging loan proposition opens up a further finance avenue for advisers and their clients.  Lowry offers a range of finance opportunities for an increasingly wide range of clients and importantly treats each individual case on its merits, providing a bespoke offering depending on a client’s needs.  This is a marketplace which is likely to grow further particularly in an environment where appetite to lend amongst the mainstream lending community is still low.  Bridgers and short-term financiers are certainly fulfilling a real need in today’s economic environment and we are pleased to welcome Lowry Capital to our panel.”

Richard Basso, Director at Lowry Capital, said:

“Lowry Capital is fully focused on providing a first class bridging service to Intermediaries; we are therefore delighted to be working closely with Paradigm Mortgage Services. We look forward to providing their members with our award winning service and bespoke funding options, where at all times they will speak directly to a key decision maker. We will be providing access to lending throughout England, Scotland & Wales.”

2011 is the second year myintroducer.com have run the industry awards program, covering a wide range of markets across the finance industry, allowing professionals freedom to put forward whichever company or individual they see as a candidate for an award.

myintroducer.com states: “The awards saw a huge increase in voters and myintroducer.com would like to wish a congratulations to all our category winners in what was a fantastic response to our campaign which received over 3,000 votes.”

Richard Basso of Short Term Lender of the Year winner, Lowry Capital comments:

“The team at Lowry Capital are delighted to have won the Short Term Lender of the year award it is particularly meaningful as this award is decided by the industry’s vote only. We would like to thank everyone within the industry who took the time and effort to vote for us. We strive hard to provide a great bridging service and we are delighted that these efforts have been recognised.”