Commercial Finance

Tuscan Capital reports strong half-year results

Wed 21 Aug 2019

Tuscan Capital has reported strong half-year results after securing additional funding and launching an extended product offering. Earlier this year the bridging lender’s maximum loan size was increased to £7.5m and its product range was widened to include bridging, mixed-use/semi-commercial, heavy refurbishment and auction funding. Completions by value saw a 37% year-on-year increase, whilst the […]

Together appoints corporate relationship director

Tue 20 Aug 2019

Together has appointed Alex Garland (pictured) as corporate relationship director covering the North of England. Garland has worked in commercial real estate finance for nearly 20 years and will be responsible for looking after existing relationships and widening the lender’s network of corporate clients. Garland will operate regionally by covering Manchester, Leeds and the North […]

Commercial property one of most popular bridging searches

Tue 20 Aug 2019

Commercial property was in the top five searches for bridging in July for the first time since 2018, according to Knowledge Bank’s monthly criteria tracker. Other search highlights include ‘maximum LTV for bridging’, ‘regulated bridging’ and ‘second charge loan’. ‘Capital raising’ and ‘semi-commercial property’ were in the top five searches for commercial. Nicola Firth, chief […]

Arbuthnot Commercial ABL delivers £8m facility

Thu 15 Aug 2019

Arbuthnot Commercial ABL has delivered a £8m finance facility to support the refinancing of MAN Commercial Protection Ltd. MAN Commercial Protection Ltd is a national high-end security services provider which provides a range of corporate security services, man guarding and mobile security officers. The refinancing hopes to help build and strengthen the company’s global footprint […]

78% of brokers warn customers are dissatisfied with paper-based process

Wed 14 Aug 2019

Some 78% of intermediaries have clients who have expressed some dissatisfaction with the manual, paper-based mortgage process, Masthaven Bank’s latest Broker Beat survey has revealed.  Additionally, two-thirds (66%) of intermediaries believe the greatest attraction of greater use of technology would be accelerated mortgage application process. And m ore than a quarter (26.7%) of brokers recognise […]

Watts Commercial Finance open London office

Mon 12 Aug 2019

Watts Commercial Finance have launched Watts Commercial Finance London Ltd in the hope of expanding their UK presence. The brokerage has also appointed two London-based directors to work with existing customers and to build an industry presence in the South of England. Phil Gray, managing director of Watts Commercial Finance, said: “It’s a very exciting […]

Master Private Finance adds TML to its panel

Thu 8 Aug 2019

Launched by mortgage and protection network, JLM Mortgage Services in July, Master Private Finance is a specialist mortgage desk created exclusively for JLM network members and their clients.