The move to larger premises enables Bridge Help to accommodate its growing team while observing social distancing measures in the office.
Both deals were provided at 73% LTV with a six-month rate of 0.59% per month.
Hope Capital has noted a record surge in demand, despite the complications brought on by coronavirus.
Davies has worked as an independent broker, as well as working with RBS for 20 years.
Shawbrook was approached by broker partner Go Finance, seeking a short-term finance solution for a client planning to covert a single-family dwelling.
A regulated bridging loan could prove invaluable for brokers and clients as a way of helping a transaction to proceed within the required timeframe.
The borrower wished to move out of his retirement flat and into a three-bedroom house.
The transaction has a loan-to-value (LTV) of 64.6% and was issued for a 6-month term, after which it will be refinanced onto a pre-agreed development facility with Avamore Capital.
The case was completed on the lender’s flat rate product at 0.89% across the 10-month terms.
The data from the ASTL shows that applications increased by just over 1% in Q2 2020 compared to Q4 2019.