Side Hustle
Rattle the Market
Real Estate SecretsNon-bank lender Bridgit has recently partnered with Yellow Brick Road (YBR) by joining its lender panel to offer bridging finance solutions for homeowners looking to buy new properties before selling their current ones. This collaboration aims to support brokers within YBR’s extensive national network.
Yellow Brick Road Group, with its vast network of branches and over a thousand brokers across Australia, provides clients with various mortgage products. YBR brokers are renowned for their local market expertise and personalized mortgage advice, assisting clients through the property process.
Expressing excitement about the partnership, Stephen Doyle, Bridgit’s chief commercial officer, praised YBR’s growing local network and expertise. He highlighted the brokers’ deep community connections and local insights that benefit clients nationwide.
The demand for bridging finance has surged recently, fueled by rising auction clearance rates exceeding 70% nationally and two interest rate cuts by the Reserve Bank of Australia. These factors have bolstered buying power and seller confidence, prompting more homeowners to seek bridging finance for swift property transactions amidst favorable market conditions.
Peter Bryant, head of Yellow Brick Road Aggregation, emphasized that the partnership with Bridgit aligns perfectly with their commitment to empowering Australians in achieving their property aspirations through efficient solutions. The collaboration equips YBR brokers with another tool to assist clients in navigating a competitive market and securing their dream homes confidently.
To stay updated on mortgage news and features, readers can subscribe to the Mortgage Professional Australia’s free daily newsletter for exclusive interviews, breaking news, and industry events. They can also follow the publication on social media platforms like Facebook and LinkedIn for regular updates.
Recent industry events include Pepper Money’s successful webinar series, attracting over 5,000 brokers and introducers, and Suncorp Bank offering competitive rates with a sharp two-year fix, undercutting major lenders. Additionally, Cotality has appointed its first broker ambassador, marking significant developments in the mortgage industry.
For those interested in the latest mortgage news and market trends, the daily newsletter from Mortgage Professional Australia provides comprehensive coverage of the industry, ensuring readers stay informed about the dynamic landscape of mortgage finance.
As the housing market evolves and financial landscapes shift, collaborations like the one between Bridgit and Yellow Brick Road demonstrate the industry’s adaptability and commitment to providing tailored solutions to meet the diverse needs of homeowners and buyers across Australia.
📰 Related Articles
- Nissan Patrol Warrior: Special Finance Offer for Enhanced Off-Roader
- Zaragoza Marathon Unites Athletes for Road Safety Fundraising
- Yellow Submarine Wins People’s Choice at Float Your Boat 2025
- Xanadu and Mitsubishi Chemical Partner to Revolutionize Semiconductor Lithography
- Women’s Wealth Alliance Survey Empowers Female Professionals in Finance
Stock Market
McDonald’s Monopoly