James Farge, head of new business at Catalyst Property Finance, said: “This bigger loan, higher leverage, low-rate product has been designed to help brokers compete against high street lenders.”
Yann Murciano said: "By launching new revised term sheets that show terms with rolled-up interest and the retained interest equivalent terms we strive to bring greater transparency into this market."
Octane Capital has reported its most successful quarter on record for completions in Q1 2021, with £92m loaned, an increase of 121% on Q4 2020. The completions were balanced evenly across all four of the lender’s categories; ‘product-less’ refurbs, bridging and developer exit loans, and its unique ‘zero stress-tested’ medium-term buy-to-let products. Highlighting the […]
The product is available to private individuals, limited companies, LLPs and SPVs, and is only offered via a select group of distribution partners.
The HCC will provide exclusive benefits to a limited number of brokers, including the appointment of a dedicated underwriter and BDM.
The decision to value the property remotely, despite its complexity, was taken in order to limit costs and help the applicant gain a quick completion to avoid costly penalty charges.
Intended for senior executives, underwriters, treasury and legal teams, the event will feature speakers from Brightstone Law, Westcor International and CG&Co.
Tuscan Capital has completed a 130-property portfolio acquisition bridge in 21 days.
Assetz Capital has launched a new bridging product with a 0.65% interest rate as it looks to drive lending levels even further through 2021.
OMS covers product areas such as residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance and protection.