The Association of Short Term Lenders is set to hold its fourth annual conference on 22 September 2016, following the sell-out of last year’s event. This year’s conference, entitled ‘Lending in an uncertain world’, is again being held at Painter’s Hall in London and will address how the world is continuing to change at an unprecedented rate […]
Bridging Finance Solutions has is set to sponsor Tranmere Rovers FC for a second year running. The Wirral-based short-term lender has adapted its sponsorship package with an increased advertising presence at the ground. A new concept centre circle advert will be on the pitch prior to all TRFC games for the next two seasons. A second […]
Borro is seeing the same uncertainty that has affected the housing market in last couple of months reflected in a cooling art market. With the market already contracting 7% in value of goods sold in 2015 compared with 2014, most experts were already predicting a calm 2016. This has been especially true in the UK, […]
The bridging market enjoyed a terrific start to 2016. The latest figures from the Association of Short Term Lenders (ASTL) have revealed that in the year to 31 March, members of the trade body – which includes LendInvest – increased their lending volumes by 16% year-on-year. The value of those loans were up by even […]
Second charge specialist V Loans has expanded its bridging team with the appointments of Jorge Gómez Fernández as a business development manager and Farah Akhtar as a case manager. Fernández was previously a mortgage underwriting manager at Haya Real Estate leading a team of 11 people and also worked at Bankia and Caja Madrid. Akthar is […]
EasySource, the sourcing system from Brightstar, has gone live. The system, which has been two years in the making, has been developed with the aim to “revolutionise the way that brokers search for loans and mortgages”. EasySource makes it possible to search across different product types for the very first time. EasySource’s technology will make it easier for […]
By their very nature brokers are entrepreneurial and react fast to changing market conditions. Despite this, it seems that the speed at which the bridging market is evolving has not necessarily been matched by their awareness of just how many funding options are available to their clients. Splicing and dicing funding options isn’t easy. It’s […]
Distributor TFC Homeloans has launched a specialist sourcing tool called QuickSearch powered by APAC Systems. Using the tool – which has been tested for a year – brokers can answer 20 questions about their client’s details and needs before comparing all specialist product types in one place including mortgages, second charge loans, bridging finance, commercial […]
One in six (16%) of small and medium sized enterprise owners seeking finance say they have been turned down by a mainstream lender (i.e. a high street bank), up from 11% in 2015, according to research from Amicus. Nearly a third (31%) of SME owners reported that their inability to secure finance terms with a mainstream […]
Some 38% of finance brokers operating in the fields of bridging, development finance, asset finance and mortgages have reported a busy start to 2016, research from specialist lender United Trust Bank has found. A further 32% of brokers indicated that they’d received a good level of enquiries and just 10% reported lower levels of enquiries […]