new appointment

Amit Majithia joins Avamore as principal

Mon 23 May 2016

Former City lawyer and European property developer Amit Majithia has joined the short-term property finance specialist Avamore Capital as principal. Majithia will bring more than 15 years of legal, property development and investment experience to the team and will join the firm with effect from 23 May 2016. “We are extremely pleased to have found […]

Bridging lending up 56%

Mon 23 May 2016

Annual gross bridging lending was up by 56% during the quarter of 2016, the latest Bridging Trends survey has found. The firms contributing to the survey lent £125.35m in Q1 which represents a 3.4% increase on Q4 2015 (£121.21m). Joshua Elash, director of bridging finance lender MTF, said: “It is positive to see an increase in the gross lending volumes […]

NACFB: Bridging is the umbrella for all seasons

Mon 23 May 2016

Back in 2012 we saw a spike in the number of bridging lenders approaching the NACFB. Now the same thing is happening again. This column seems like a good opportunity to analyse why. First of all, is this only something affecting our Association or representative of a population explosion among bridging finance lenders? Reporting only […]

brexit negotiations

Brokers are in favour of a brexit – but only just

Mon 23 May 2016

A ‘Brexit’ poll of over 150 finance brokers operating in the fields of bridging, development finance, asset finance and mortgages has revealed that if broker views are anything to go by, the outcome of the European Union referendum rests on a knife edge. The new poll, carried out in April by specialist lender United Trust […]

ASTL: Navigating a changing landscape

Mon 23 May 2016

A cartographer’s job has been made easier with the advent of satellite imaging. Maps have become minutely accurate, which in turn makes them more reliable. Not so for the rest of us for whom past experience, industry knowledge and maybe the odd economist’s insight are the only ways to navigate our way around the constantly […]

Bridging Introducer: Bridging the innovation gap

Mon 23 May 2016

Bridging finance has continued to evolve into a flexible and accessible finance solution which is increasingly meeting the needs of professional property developers. More and more of these individuals need a choice of competitive loan options in order to finance a wide range of projects from relatively straightforward refurbishments to more complex conversions and extensions. […]

Bridging Introducer: Why competition is good

Mon 23 May 2016

Competition is good. Just ask Roy Hodgson. Football and property finance are very different but does that mean that competition is not equally as important? I do not think so. I like lenders reacting to what their competition does. New products, better pricing, higher LTV’s are welcome indeed. But, do more and more lenders coming […]

Bridgbank is 10!

Fri 20 May 2016

Bridgebank Capital Group celebrated its 10 year lending anniversary on Thursday evening with a Thames Cruise for the introducers, professional partners and colleagues who have supported it in reaching this key milestone. In addition to celebrating a successful 10 years of trading, The Bridgebank Capital Group recognised this occasion as an opportunity to thank introducers for their continued […]

LendInvest Capital expands fund management team

Fri 20 May 2016

LendInvest Capital, the fund management and advisory division of LendInvest, has appointed Jesse Mosebye from Scotiabank to join its expanding team. He joins LendInvest from Scotiabank where he spent five years in the European Capital Introductions team building investor relationships for the prime brokerage team’s hedge fund and asset management clients. He will work closely […]

Bridging Finance Solutions boosts team

Thu 19 May 2016

Barbara Corbett has joined the Bridging Finance Solutions team as finance controller. Formerly a management accountant at an international construction consulting firm and prior to that a finance manager of a manufacturing company, Corbett brings a wealth of experience to her new role. She said: “I’m really excited about my new position. I was keen […]