Commercial Finance

Ortus looks to double book

Wed 20 Apr 2016

Commercial bridging lender Ortus Secured Finance is planning to double its loan book in 18 months with a big push on short-term lending secured on commercial property throughout the UK, including Northern Ireland and Scotland. The lender, which has specialised in short-term finance for pub and hotel owners, revealed ambitious growth plans over the next […]

Funding 365 cuts commercial bridging rates

Tue 19 Apr 2016

Bridging lender Funding 365 has reduced the starting interest rate for its commercial bridging loan product from 0.99% to 0.85% per month. The product, which is available to all brokers,  has a 3 to 12 month term and can be secured against commercial and semi-commercial properties across England and Wales. Funding 365 managing director Mike […]

SPECIAL FEATURE: Where next for commercial property

Thu 14 Apr 2016

Charu Lahiri is investment manager at Heartwood Investment Management UK commercial real estate has seen strong investment volumes over the last few years, totalling £71m at the end of 2015. Inevitably, we are now at the later stage of the market cycle and growth in total transaction volumes is likely to level off, although market […]

Lending exceeds £55m at Secure Trust Bank

Mon 4 Apr 2016

Secure Trust Bank’s Commercial Finance completed more than £55m worth of lending in its first full 12 month of trading. The lender c provides a full suite of asset based lending solutions ranging from £500,000 to £30m in size. The wider group has also seen strong progress in 2015 with customer lending balances increasing 73% and growth in […]

Pure Commercial makes senior appointments

Mon 4 Apr 2016

Pure Commercial Finance has made three senior appointments as it looks to strengthen its business development team. The hiring of two business development managers come as part of the company’s expansion to the Midlands, London and the South East.  Charlotte Rayson joins to cover the Midlands while Afsheen Gul will looks after client growth in London […]

The Lending Channel hosts specialist roadshow

Tue 29 Mar 2016

The Lending Channel is hosting a roundtable event for brokers wanting to improve their knowledge of specialist lending. Aldermore, Bank of Scotland, Masthaven and Shawbrook will be speaking at the event, which will take place at Falkirk Stadium on 27 April, and will be available to talk through any questions brokers may have on commercial, […]

Commercial property prices set to dip

Mon 21 Mar 2016

Commercial property values are likely to fall as a direct result of changes to commercial stamp duty introduced in last week’s Budget, RSM has warned. Howard Freedman, RSM’s head of real estate, called the reform “yet another attack” on the real estate sector. He said: “Changes to commercial stamp duty are clearly yet another attack […]

Source Commercial Online launches

Fri 18 Mar 2016

Source Commercial Online has launched – an online platform enabling brokers to quote, buy and amend portfolio landlord insurance policies on the net. The platform will work on multiple devices such as tablets and smartphones and lets brokers download statements and documents at the click of a button. Simon Thomas, managing director of Source Commercial, […]

Sesame launches specialist lending panel

Fri 18 Mar 2016

Sesame has launched a specialist finance panel to broaden its members’ access to second charge mortgages, residential and buy-to-let packagers, commercial mortgages and bridging loans. The panel consists of specialist distributors Promise Solutions, 3mc, AToM, CFB UK, Enterprise Finance, Mortgages for Business, Positive Lending, TBMC and Vantage Finance. Jane Benjamin, head of lender relationships at […]

FSE Glasgow: Wrong call on Europe will harm market

Wed 16 Mar 2016

Making the wrong decision in the forthcoming European referendum could severely hamper both the mortgage and second charge markets, The Lending Channel MD Alistair Ewing has warned. Speaking at the Financial Services Expo in Glasgow Ewing said the impact of making a wrong decision could have serious consequences with the UK’s regulatory system set to […]