Commercial Finance

Commercial property transaction up with sector unshaken by Brexit fears

Tue 21 Jun 2016

A 12% rise in commercial property transactions suggests the sector has staved off widespread fears around a potential Brexit, following a surge in funding from alternative finance lenders, according to Saving Stream, the peer-to-peer property funding platform. Saving Stream said that commercial property transactions in May 2016 reached 10,790, a high since the credit crunch – […]


Brokers tied on Brexit decision

Mon 20 Jun 2016

When it comes to brokers the ‘Leave’ and ‘Remain’ campaigns are neck and neck as we move into the final three days before the EU Referendum, a poll from United Trust Bank has found. Over 200 finance brokers operating in the fields of bridging, development finance, asset finance and mortgages were polled last week and 45% said […]


Shawbrook cuts commercial rates

Wed 8 Jun 2016

Shawbrook’s Commercial Mortgages division has cut the rates on its commercial and semi-commercial product range for loans up to £10m. In addition it has also increased its loan-to-value buckets and extended its interest-only offering. Reduced rates across both commercial and semi-commercial product range include CI2 (semi-commercial) below 60% LTV which sees a 0.15% reduction, a 0.65% reduction on CI2 […]


new appointment

OneSavings Bank extends intermediary reach

Mon 6 Jun 2016

OneSavings Bank has made a number of new appointments across its Kent Reliance, InterBay Commercial, and Prestige Finance brands in a move to extend its reach across the UK and build closer relationships with intermediaries and corporate partners. Kent Reliance has hired four new senior business development managers, adding to its intermediary presence across the […]


Shawbrook updates STL criteria

Mon 6 Jun 2016

Shawbrook Bank has updated its short-term loan criteria after a feedback campaign conducted with their panel of brokers. Required experience for STL 1-5 has been redefined to be ‘relevant experience’ rather than having to meet a prescriptive standard. Secondly, on STL 6-9 products Shawbrook requires experience in similar projects and had previously requested that this […]


LendInvest revamps bridging range

Thu 2 Jun 2016

LendInvest has revamped its bridging range by  splitting its offering into three separate tiers. Residential cases that meet the criteria for tier 1 will enjoy rates from as low as 0.65% through to 0.95% per month at the maximum 75% loan-to-value. Residential cases that fall outside of this criteria – for example, HMOs, heavy refurbishments and […]


Investors turn to commercial and HMOs for yields

Wed 1 Jun 2016

Investors are increasingly looking at HMOs in addition to commercial and semi-commercial properties to expand their portfolios, research from Mortgages for Business has shown. Three in 10 (28%) investors are considering purchasing HMOs in the next six months, up from just 10% six months ago. Despite the cooling effect of the 3% stamp duty surcharge […]


EasySource goes live

Wed 1 Jun 2016

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 […]


TFC Homeloans launches QuickSearch

Tue 31 May 2016

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 […]


Bridging can be used to rekindle other sectors

Tue 31 May 2016

The West One Bridging Index shows a huge rebound in bridging lending since 2010’s post-crash slump of £700m, rising 500% to £3.5bn in 2015. It’s true that residential was historically bridging’s bread and butter, and today it remains significant at 55% of lending. Consequently, the rebound in bridging has in some part followed the recovery […]