InterBay was approached by broker partner Empire Finance, on behalf of a client looking to secure funding for a new business location to help them separate their commercial operations from their family home.
The total value of the 1,000 loans is estimated at £1bn and close to half of the loans (493) have already been redeemed.
Landbay was already on Synergy’s packager panel, but will now provide Synergy’s commercial broker members with access to its range of specialist BTL products.
Bird brings with him 30 years of industry experience and will be central to developing a new property proposition for Nucleus, to sit alongside the lender’s current offering.
Specialist Finance Introducer has moved its annual awards online to ensure the health and safety of its attendees.
In March 2020, close to £240m in rent - over 21% of the total invoiced for the month - was left outstanding.
With seven days left to submit a signed CBILS application form, Assetz Capital has seen a sharp rise in enquiries and applications.
The show will be presented by property expert Simon O’Brien.
Allica Bank has secured £26m in funding from existing investors and has launched a £100m funding round.
The development finance product offers loans from £100,000 to £750,000 at an LTGDV of 60%.