Bridging loan lender Tiuta is to launch a mainstream mortgage product exclusively for brokers at the Mortgage Business Expo next week.

Details of the product are yet to be revealed ahead of the product’s formal launch next week, but the product will represent a significant shift in focus for the company known primarily for its bridging loan lending activities.

The product will only be available through Savills Lending Solutions and Omega.

Guy Garrard, head of business development at Tiuta, says: “By launching this mainstream intermediary mortgage product at the Mortgage Business Expo it shows that our company focus is extending out past bridging loans into other areas.”

The move follows Tiuta’s recent launch of a three year buy to let fixed rate deal for Houses in Multiple Occupation in September, as well as a secured loans proposition back in June.

The Mortgage Business Expo is being held at the Olympia exhibition centre in London on November 11 and November 12.

Posted 05/11/2009 09:48:55