Bridging

Enterprise completes £4.3m with Together

14th March 2016 0

Enterprise Finance and Together completed £4.3m worth of second charge transactions in February. Enterprise said the rise in transactions was down to getting Mortgage Credit Directive compliant by March 21. Because of incoming regulation brokers […]

Bridging

Hampshire Trust to launch into bridging

9th March 2016 0

Hampshire Trust to is set to launch into the bridging market and has announced the details of its new bridging team. The team will be run by newly appointed head of bridging Colin Stevens with […]

Bridging

Funding 365 cuts commercial bridging rates

29th February 2016 0

Bridging lender Funding 365 has reduced the starting interest rate for its commercial bridging loan product from 0.99% to 0.85% per month. The product, which is available to all brokers,  has a 3 to 12 month […]

Commercial Finance

Ortus targets NI with new commercial funding

14th February 2016 0

Ortus Secured Finance, the London-based commercial lender, has raised a new fund to lend £40m to leisure businesses across the UK and against Northern Irish commercial property. The fund will specialise in lending to pubs, […]

Commercial Finance

Aldermore restructures commercial team

21st January 2016 0

Aldermore has restructured its commercial lending division with the appointments of Gareth Claxton as national sales manager and Mark Pagett as lending development manager. After originally being appointed as head of commercial mortgage lending in […]

Commercial Finance

Commercial transactions reach 2008 level

21st January 2016 0

December 2015 saw 9,700 seasonally adjusted commercial property transactions, the highest December levels since 2007, figures from HMRC showed. For the year as a whole there were 117,050 commercial transactions – the highest level since […]

Commercial Finance

InterBay launches refurb HMO deal

20th January 2016 0

InterBay Commercial, part of the OneSavings Bank, has launched a refurb deal for houses in multiple occupation and cut rates across buy-to-let refurb products. The lender has also extended interest roll up periods for medium […]

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