Commercial Finance

Adam Tyler to leave NACFB by end of the year

Fri 28 Oct 2016

Adam Tyler, chief executive of the National Association of Commercial Finance Brokers, is to stand down after 11 years at the helm. Seconded from NatWest in 2005 Adam Tyler joined the NACFB when it was in its infancy and helped guide the orgnaisation from a membership of 400 to over 1600. Tyler has made a […]

Shawbrook completes resi loans for foreign shareholder ltd company

Thu 27 Oct 2016

Shawbrook Commercial has completes a duo of residential loans for a limited company that has a significant shareholding based in Singapore. Although the shareholders based there were Singaporean nationals and not expats, the UK based majority shareholder was an experienced and reliable investor meaning the Shawbrook lending teams were able to take a pragmatic view […]

Some commercial firms looking to relocate but demand remains

Thu 27 Oct 2016

Some 14% of Royal Institute of Chartered Surveyors members have seen evidence of commercial property firms looking to relocate from the UK, according to its latest Commercial Market Survey. Despite that commercial property demand was broadly positive in Q3, with 12% more respondents reporting a rise in demand. However London and Scotland were lagging behind when it comes […]

Finance 4 Business wins two SFI awards

Wed 26 Oct 2016

Finance 4 Business won two awards at the first ever Specialist Finance Introducer Awards on Friday. F4B won Best Broker: Commercial and Commercial Distributer of the Year at the event held in Buddha Bar, Knightsbridge, Central London. Russell Martin, managing director of F4B, said: “With over 6000 nominations, for only 23 awards, highlights just how […]

Shawbrook Commercial takes on three graduates

Mon 24 Oct 2016

Shawbrook’s commercial division has taken on three graduates as part of its graduate scheme programme. The graduates will experience a two year rotational leadership development programme within one of five business units, which are business finance, consumer finance, property finance (commercial and residential mortgages), group risk or group finance. One recruit Luke Randell graduated from […]

MIPIM UK maps post-Brexit path

Mon 24 Oct 2016

Political leaders and investors came together with the UK real estate industry last week for the first major business gathering focused on the British property sector since the Brexit vote. Some 3,000 delegates from 45 countries gathered in London’s Olympia with no fewer than five government ministers in attendance, including Gavin Barwell, Minister for Housing, […]

Acorn submits business banking application

Mon 17 Oct 2016

Acorn Financial Partners Ltd has submitted a banking licence application to the Financial Conduct Authority and Prudential Regulation Authority. The new business hopes to receive its banking licence early in 2017, and if authorised will be called Redwood Bank. Acorn Financial Partners is a new venture founded led by Jonathan Rowland. Its majority shareholder is […]

Keystone revamps website

Thu 29 Sep 2016

Keystone Property Finance has refreshed its website. The new design is intended to simplify the mortgage product selection process. David Whittaker, chief executive of Keystone Property Finance said: “Over the last year Keystone has grown rapidly with the addition of auction finance and a commercial mortgage range. The improved navigation and functionality will better showcase […]

Together partners with TBMC

Mon 19 Sep 2016

Together has partnered with TBMC – the buy-to-let and commercial packager. TBMC will focus on auction finance, bridging and commercial second charges. Gary Bailey (pictured), sales director at Together, said: “We work with a broad network of brokers and packagers and are constantly looking to expand this with the right partners, so we’re delighted to […]

Ortus secures additional funding

Thu 15 Sep 2016

Ortus Secured Finance has received a second funding round of £20m. The increase in funding brings the total amount of the secured lender’s new fund to £60m. In the second round of funding a number of original investors increased their initial stakes in the fund and £5m investment came from a global real estate investor. The […]