The property, a three bedroom terrace in London, was purchased at an loan-to-value (LTV) of 60% with a loan of just over £240,000 on a 12 month term.
Under RLS, Assetz Capital will be delivering property-secured loans between £250,000 and £10m to SMEs across the UK, covering both commercial mortgages and development finance.
James Farge, head of new business at Catalyst Property Finance, said: “We recognise the requirement to support our clients with the best customer service in order to retain the relationships we have worked hard to build."
Together with its schemes in Selby, Bristol and North Horsham, this latest success brings Legal & General Modular Homes’ pipeline to 670 new homes.
Members of PMS and Sesame now have access to the bank’s range of residential first charge mortgages and bridging finance.
BFS has realised its best ever month in June 2021 that saw an increase of 51% on its previous highest lending month.
The government has revealed measures to improve community infrastructure and boost health and wellbeing when building within the NPPF.
Angela Norman, head of corporate development for Recognise, said: “When we were setting up Recognise we identified a need within the professional practice and medical sectors."
The current level of land bank plots by these housebuilders alone exceeds the government’s target to build 300,000 new homes a year.
Jack Coombs, director at Aspen Bridging, said: “Our team at Aspen is committed to offering a best-in-class service based on time-based service targets to brokers and borrowers."