Shawbrook Bank has bought a significant amount of shares in The Mortgage Lender, Bridging Introducer can exclusively reveal. Companies House records show that the deal saw the challenger bank formally take shares in the business on […]
Pivot has secured a new funding line from Shawbrook Bank and Insight Investment which will extend its institutional lending capital by £50m. The short-term property lender was in discussions to secure the funding for six […]
Iron Bridge Finance has appointed Gareth Ward as head of underwriting. Ward will report to chief financial officer Simon Pollins and will be tasked with underwriting new enquiries through to completion and overseeing the portfolio […]
Midlands Asset Finance, has launched a programme that sees its online platform, Asset Finance Compared, partner with vendors across the country. The programme has been developed to enable suppliers and their end-customers to access a […]
The Bank of England’s Monetary Policy Committee voted unanimously to keep interest rates on hold at 0.5% at their latest meeting but said if the current economy remains on track the speed of further rate […]
Stephen Johnson, deputy chief executive and managing director of Shawbrook Property Finance, is set to leave the bank later this year. Johnson (pictured) has 15 years experience in building specialist lending businesses, across commercial and […]
Bibby Financial Services (BFS) has appointed Kash Ahmad (pictured) as UK specialist director as it looks to grow its support for businesses trading domestically and overseas. Joining BFS with more than 25 years’ experience in […]
Ashley Ilsen, formerly CMO and head of lending at Regentsmead, is set to leave the firm to launch a new development finance lender. Ilsen (pictured) said the new lender will be looking to add an […]
Developers are squandering £20m a year on interest they don’t need to pay, research from specialist packager Thistle Finance has revealed. Companies take out development finance loans for the duration of their builds. However, once […]
Some 39% of brokers believe demand for asset finance funding will continue to increase this year, according to a recent ‘broker sentiment’ poll, carried out by United Trust Bank. In addition to the 39% who […]
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