Bridging

S&P Global upgrades Together’s credit rating

22nd November 2017 0

S&P Global has upgraded specialist lender Together’s credit rating from ‘B+’ to ‘BB-‘. Together’s intermediate holding company, Bracken MidCo1 PLC, has also been upgraded from ‘B’ to ‘B+’. Mike McTighe, group chairman of Together, said: […]

Bridging

Brightstar launches improved site for brokers

21st November 2017 0

Brightstar Financial has launched an improved website for brokers to navigate, learn more about specialist lending and engage with the firm. Brokers can filter the latest news and articles, use the site on mobiles and […]

Bridging

Oblix Capital completes £1.4m re-bridge

21st November 2017 0

Bridging and development lender Oblix Capital has completed a ‘complicated’ £1.4m residential bridging loan secured against a freehold house in a pedestrianised mews in London’s Fitzrovia area. The bridge was for 12 months and provided […]

Bridging

Oli Greenspan joins Octane Capital

20th November 2017 0

Octane Capital has appointed Oli Greenspan as head of internal sales. Greenspan started his career as a futures trader in the city for seven years before doing a stint as a scuba diving instructor. More […]

Bridging

Roma cuts three month bridge rate to 0.44%

20th November 2017 0

Bridging lender Roma Finance has reduced the rate on its three month bridging product to 0.44% per month. Facilities are available for up to 75% loan-to-value (LTV) on residential investment first charge bridging cases. Scott […]

Loan Introducer

Second charge sector grows for seven consecutive months

15th November 2017 0

Annual second charge lending has increased for seven consecutive months, Enterprise Finance’s second charge report reveals. A total of £979m was lent in the 12 months to September 2017, up from £892m the year before. […]

Bridging

ASTL members up lending by 39% year-on-year

8th November 2017 0

Association of Short Term Lenders firms increased the value of bridging lending by 38.9% in the third quarter of 2017 compared to the same quarter in 2016. However lending saw a small fall of 2.7% […]

Buy-to-let

Together unveils holiday let range

30th October 2017 0

Specialist lender Together has launched a holiday let product range with rates from 7.99%. Products come with arrangement fees from 2%, terms from four to 30 years and loans of up to £2m for purchase […]

Asset finance

Midland Asset Finance hires Yorkshire BDM

26th October 2017 0

Midland Asset Finance has hired a Yorkshire senior business development manager in Craig Bennett from Lloyds Bank. Bennett spent 10 years at Lloyds Bank in various roles including area director for real estate and specialist […]

Buy-to-let

AToM and BlueZest launch 85% LTV buy-to-let

23rd October 2017 0

Distributor AToM and lender BlueZest have teamed up to offer an 85% loan-to-value buy-to-let mortgage. The mortgage has interest rates between 5.25 and 5.35%, is available up to £500,000 and is available to companies, individuals […]

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