Aspen lends record £23m in April
Fri 14 May 2021
Aspen generated £150m in formal decisions in principle (DIPs) from January to April 2021, with the strong pipeline continuing throughout April and into May.
Bridging
LendInvest cuts resi bridging rates
Fri 14 May 2021
Its 75% LTV product is now available at 0.75%, and its 70% LTV product is offered at 0.70%.
Sesame Bankhall Group launches new specialist lending panel
Fri 14 May 2021
In addition to the new specialist lending panel, PMS and Sesame members also have access to two existing referral services for equity release business from Age Partnership and Key Partnerships, along with a self-build support packaging option from Buildloan.
Pivot appoints Brian West as head of commercial operations and marketing
Thu 13 May 2021
West served two terms as a board director of the Association of Short-Term lenders (ASTL) between 2015-2019 and has held senior roles at lenders such as GE Capital.
Black & White Bridging becomes NACFB patron
Tue 11 May 2021
Black & White Bridging is the recently rebranded intermediary face of long-term bridging lender, Bath & West Finance.
Offa completes Shariah-compliant rebridge for international investor
Thu 6 May 2021
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%.
Alternative Bridging Corporation expands case management team
Wed 5 May 2021
Alternative Bridging Corporation has expanded its case management team in response to increasing demand from brokers. The bridging and development lender has recruited Risha Gajjar (pictured) as a case manager to grow its team and increase its capability. Gajjar joins from OneSavings Bank, where she worked for nearly three years in its lending and underwriting […]
Black & White Bridging joins FIBA panel
Fri 30 Apr 2021
Black & White Bridging, which rebranded from Bath & West Finance earlier this month, offers bridging loans from £50,000 to £10m over three to 18 months.
Bridging Trends: Chain-breaks prove most popular use of bridging in Q1
Thu 29 Apr 2021
Kimberley Gates at Sirius Property Finance, said: “Given the turbulence of the past year and the pressure to meet the SDLT relief deadlines, it is to be expected that chain breaks are the most popular use for bridging finance."
Roma Finance appoints Specialist Financial Services as packager
Wed 28 Apr 2021
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."