Complete FS adds UTB to second charge panel

Tue 6 Sep 2016

Complete FS, the South Coast specialist distributor, has added United Trust Bank to its second charge lending panel. Complete FS has announced it will charge a £199 administration fee and £100 disbursement fee. Tony Salentino, director of Complete FS, said: “UTB have come to market with some exciting products and we are delighted to strengthen our […]

Just Loans joins BBA as associate member

Tue 6 Sep 2016

Just Loans Group has become the first alternative commercial lender to become an Associate Member of the British Bankers’ Association. Richard Adler, the BBA’s relationship director, said: “We are very pleased to welcome Just Loans Group as an associate member. We are looking forward to working with The Just Loans Group platform.” The BBA is […]

Roma Finance offers bridging from 0.95% after rate cuts

Tue 6 Sep 2016

Roma Finance has slashed its product rates – as its residential first charge investment product now stands at 0.95% per month following a reduction of 0.25%. The Manchester-based bridging lender is also offering a second charge option at 1.1% and a semi-commercial at 1.05% following rate cuts. In addition Roma Finance has removed the requirement […]

BTL remortgage

Investec expands HNW buy-to-let product range

Tue 6 Sep 2016

Investec Private Banking has broadened its high net worth buy-to-let range with low loan-to-value rates starting from 2.50% plus 3 month Libor to 50% loan-to-value. The bank is also offering a rate of 2.75% to 60% LTV plus 3 month Libor (currently 0.41%) and 3.10% to 70% LTV plus Libor. Previously Investec’s buy-to-let range started […]

Mark Harrison departs Amicus for Seneca

Fri 2 Sep 2016

Mark Harrison has left bridging lender Amicus to take up a new role with Seneca Bridging. Harrison, who joined Amicus in October 2015, was a relationship manager based in the lender’s Preston office. He will now become head of business development at Seneca Bridging. Harrison has an impressive pedigree with over 18 years in the intermediary […]

Alternative Bridging strengthens underwriting team with double appointment

Fri 2 Sep 2016

Alternative Bridging Corporation has appointed Dena Thompson as head of underwriting and Nicky Pack as senior underwriter. Thompson will be responsible for the day to day running of the underwriting team, making sure deals are followed through efficiently from beginning to end, and spending time building relationships with Alternative Bridging’s partners and ensuring both borrower […]

NACFB secures larger venue for Commercial Expo 2017

Thu 1 Sep 2016

The NACFB’s Commercial Finance Expo is set to move to a larger venue next year at the NEC Birmingham. Due to increased demand from exhibitors and NACFB Patrons the CFE, which opens on 21 June 2017, has relocated to a larger hall. The current NEC hall has served the Association well and its central location in […]

Hampshire Trust Bank commercial mortgage boost

Wed 31 Aug 2016

Hampshire Trust Bank’s Commercial Mortgages has provided a £960,000 developer exit finance facility to an experienced property investor. Brokered by Surrey-based intermediary Bespoke Business Finance, the facility, which has an LTV of 60%, will refinance an existing investment property, releasing some of the equity for a new acquisition. Steve Williams, partner at Bespoke Business Finance, […]

Anthony Akka joins Mint Bridging

Wed 31 Aug 2016

Anthony Akka has joined Mint Bridging  as head of in-house legal. Akka has nearly 30 years of expertise in the residential and commercial property industry having previously run the property conveyance division at London based Measures Franks Solicitors. Most recently Akka was at Parker Properties and headed up each of the firms property divisions from rent accounts […]

Manchester becomes key focus for commercial property investment

Fri 26 Aug 2016

Office transactions in the UK’s third largest city increased by 8% in the first half of 2016 compared to the same period last year with Manchester becoming a key focus for commercial property investors. Transaction volumes in Manchester’s office investment market totalled £304 million in the first six months of the year, some 3% higher […]