Bridging

Octane Capital completes £5.4m bridging loan

23rd May 2017 0

Octane Capital has announced the  completion of a £5.4m bridging loan to an offshore borrower in seven working days. The loan was at 70% loan-to-value (LTV) and was for a complex HMO refinance in north […]

Bridging

Lendy reaches £300m in lending

16th May 2017 0

Lendy has passed £300m in lending to the UK property market as investors and developers respond to the post-Brexit slowdown in bank lending. According to the peer-to-peer (P2P) lending platform, £50m of lending has been […]

Bridging

Reditum Capital joins ASTL

9th May 2017 0

Reditum Capital has joined the Association of Short Term Lenders. Reditum is a mezzanine and bridging global finance provider which has arranged more than £350m of funding for real estate and asset-backed transactions. Tim Mycock, […]

Bridging

Justin Cooper joins Octane

8th May 2017 0

Justin Cooper has joined bridging lender Octane Capital as senior business development manager. Cooper joins from Octopus Property and is the latest recruit to a fast growing team. Mark Posniak, managing director, Octane Capital, said: […]

Bridging

Vantage bolsters BDM team

5th May 2017 0

Specialist distributor Vantage Finance has expanded its team of business development managers. Vantage has hired Gina Lancaster to manage relationships in South London and the South of England and David Coleman for North London and […]

Bridging

Kuflink’s P2P platform receives authorisation

27th April 2017 0

Kuflink has been authorised by the Financial Conduct Authority for its peer-to-peer platform. Money lent by investors will be go through its sister company, the lender Kuflink Bridging. Tarlochan Garcha, chief executive of Kuflink Group, […]

Bridging

Bridging lending down in Q1

26th April 2017 0

Gross bridging lending slowed on a monthly and yearly basis in the first quarter of 2017. In Q1 2017 lending reached £118.79m, 5.5% lower than Q4 2016 (£125.66m) and down 5.23% from Q1 2016 (£125.35m). […]

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