The Shariah-compliant finance was to cover three existing facilities across three flats in SE18, including two one-bedroom flats and a two-bedroom flat, on a six-month term, with an LTV of 70%.
White Oak has appointed Natasha Powell as director of risk and compliance, White Oak Europe. Powell will take the lead on managing the firm’s regulatory compliance risk framework as part of White Oak’s commitment to regulatory excellence. The role will involve identifying, assessing, and reporting on risks, providing oversight and challenge to the business’s […]
Tony Sutton, managing director of Specialist Financial Services, said: “We are thrilled to have been granted packager status with Roma Finance and look forward to a fruitful relationship working alongside them in the future."
As well as open market homes, the site will also offer affordable Rent to Buy homes in collaboration with national provider Rentplus.
Bromborough Paint & Building Supplies is a family-owned, specialist independent paint distributor, headquartered in the Wirral, with 17 branches across the North West of England.
The 75% loan-to-value (LTV) deal on a two-bedroom apartment with roof terrace was completed at on a stepped rate of 0.49% on a 10-month term.
For some, however, the lost revenue is expected to have a lasting impact, with nearly one in five (18%) sole traders concerned that their businesses will never recover from the lost revenue.
According to Blend, the direct authorisation will help consolidate its position as a market leader for syndicated development finance loans in the UK, and support the rapid expansion of its borrower base.
Jo Breeden, managing director of CSF, said: “We are resolute in our aim to become the most respected multi-channel distributor in the UK mortgage marketplace, and for this to be achieved we need a senior management team who can help us achieve this goal."
The launch follows a surge in demand from intermediaries wanting to place bridging cases with Norton Group.