Bridging

Lendy integrates Saving Stream into brand

28th March 2017 0

Peer-to-peer secured lending platform Lendy is set to integrate its investor-facing platform, Saving Stream, under the Lendy brand. The move is aimed at simplifying its branding and to make accessing its loan-based crowdfunding platform easier […]

Bridging

LendInvest reduces minimum loan size

29th November 2016 0

LendInvest has reduced the minimum loan size across its bridging finance range. LendInvest will now accept applications for loans of £75,000 or higher – down from £100,000. Matthew Tooth, Chief Commercial Officer at LendInvest, said: […]

Bridging

LendInvest sees lending surge

7th October 2016 0

LendInvest increased its lending by 84% to £320m in the year to March 2016, according to its latest figures. The online mortgage lender also invreased its revenue by 133% from £14m to £32m. Profits also rose from £3.3m in […]

Bridging

Bridging demand defies expectations

11th August 2016 0

Demand for bridging loans in the quarter ended 30 June 2016 defied expectation, with the value of applications for bridging loans increasing by a remarkable 61.5% quarter-on-quarter, the Association of Short Term Lenders has found. […]

Bridging

Roma Finance secures credit facility from RBS

18th July 2016 0

Manchester-based bridging finance and development lender Roma Finance has secured a significant three-year revolving credit facility and securitisation from The Royal Bank of Scotland. The new funding line, which is one of the first such […]

Bridging

Hope Capital completes record £3.9m loan

5th July 2016 0

Hope Capital has completed its largest ever loan of £3.9m on a student residential scheme in Stoke on Trent. The nine month loan was completed in five working days around the EU Referendum and had […]

Bridging

Funding 365 completes £8.5m bridge in three days

8th June 2016 0

Funding 365 has completed an £8.5m bridging loan within three working days to save a borrower’s buy-to-let portfolio from being sold at auction. The borrower needed to re-finance very quickly as their high street lender had […]

Bridging

LendInvest revamps bridging range

2nd June 2016 0

LendInvest has revamped its bridging range by  splitting its offering into three separate tiers. Residential cases that meet the criteria for tier 1 will enjoy rates from as low as 0.65% through to 0.95% per month […]

Bridging

ASTL reveals conference date

2nd June 2016 0

The Association of Short Term Lenders is set to hold its fourth annual conference on 22 September 2016, following the sell-out of last year’s event. This year’s conference, entitled ‘Lending in an uncertain world’, is again being […]

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