LendInvest’s Strategic Partners programme recognises key broker firms which submit a high level of consistent business to LendInvest, and provides a range of benefits as a result.

Development 90 provides 90% of project cost and 75% of loan to gross development value (LTGDV) for new-build schemes, conversions and refurbishment projects.

The firm, which lends against luxury assets, has reported seeing a growing trend for enquiries from brokers whose clients wish to borrow using classic cars as security.

Masthaven Bank has made changes to its current bridging range to provide more options for brokers and customers.

The rumoured extension would bring the end of the tax break in line with the easing of lockdown restrictions in the UK.

This latest funding arrangement is part of MFS’ long-term goal of increasing its loan book and expanding its institutional funding partnerships.

Lendlord has launched an online bridging lender for property investors, to be available on the its portfolio management platform.

The lower rate products are available for three months at up to 70% loan-to-value (LTV) on loan sizes of between £50,000 and £500,000.

This extension is available across the lender’s entire range of regulated and non-regulated bridging loans, and includes property improvement loans for heavy refurbishment and conversion projects.

Mint Bridging has reported a sustained increase in new business deals, with Spector Constant and Williams enlisted to assist in managing the volume.