News

What is happening in UK Commercial Property?

Mon 11 Jul 2016

Charu Lahiri, investment manager at Heartwood Investment Management, looks at what is happening in UK commercial property sector. UK commercial property companies have been hit by renewed selling pressure this week on concerns around Brexit and its impact on underlying investment activity. Investor sentiment deteriorated in response to the UK construction outlook survey results in […]


First 4 Bridging hires head of sales and marketing

Mon 11 Jul 2016

First 4 Bridging has appointed Michelle Douglas as head of sales and marketing. Douglas will be in charge of structuring the sales team and recruitment and she will report to First 4 Bridging director, Donna Wells. She joins from Metro Bank where she was a mortgage consultant. Previously she was a business development manager, residential […]


Borro becomes full ASTL member

Thu 7 Jul 2016

Personal asset lender Borro has upgraded its associate membership to become a full member of the Association of Short Term Lenders. Borro first joined the ASTL as an associate member in 2012 and, due to its recent entry into the short-term residential property loan market, has upgraded to become a full member. As part of […]


West One: Successful H1 for bridging sector

Wed 6 Jul 2016

Gross annual bridging lending hit £3.6bn in February, increasing from £3.5bn at the end of 2015, according to the latest West One Bridging Index. This represents a modest 3% lift in gross annual lending since December, showing that growth has stabilised somewhat from the previous year. The growth in short-term finance has been driven by a […]


Liz Payne joins TFC

Wed 6 Jul 2016

Specialist distributor TFC Homeloans has recruited Liz Payne as HR business partner. Payne will develop and deliver strategies, processes and practices to support the learning and development of the team at TFC. She will also spearhead the distributor’s recruitment plans, holding assessment centres and setting up induction programmes for new recruits. Nigel Payne, managing director of […]


LendInvest hire Mike Nuttall

Wed 6 Jul 2016

Specialist mortgage lender LendInvest has recruited Mike Nuttall as the company’s first VP of engineering as it continues to scale up the technology side of the business. Nuttall joins LendInvest with over 15 years’ senior management experience and has led technology development for fast-growing technology companies in sectors such as e-commerce, payments and gaming. At LendInvest, […]


CLG Committee to launch housebuilding inquiry

Tue 5 Jul 2016

The Communities and Local Government Committee is launching an inquiry into the capacity of the housebuilding industry which is expected to see it take a closer look at the role of development finance.  The Committee is expected to invite the chief executives of major developers to give evidence and will also look at the role of small and […]


new appointment

New appointments for Freedom Finance

Tue 5 Jul 2016

Freedom Finance have appointed Michael Davidson and Neil Farrar- Smith to their senior management team. Davidson joins Freedom Finance as business development director and has over 14 years experience in the professional services sector. He has held senior management positions with a variety of legal and financial services firms including BGL Group, HBOS and Countrywide. […]


FHL launches new introducer portal

Mon 4 Jul 2016

Foundation Home Loans has rolled out a new portal for introducer partners. The new portal (TED – Technology Enhanced Decisioning) will enable introducers to complete online DIPs, send applications directly to FHL, upload supporting documents and track ongoing cases. According to commercial director, Simon Bayley, the new portal is just the first step in establishing Foundation Home […]


Fall in mortgages for first-time landlords

Mon 4 Jul 2016

The proportion of mortgage deals for new landlords has actually shrunk to a record low despite a year-on-year in the overall number of buy-to-let mortgages, research from Moneyfacts.co.uk shows. Charlotte Nelson, finance expert at Moneyfacts.co.uk, said: “Despite all the changes to regulation in the BTL market, the number of BTL mortgages has increased; however, first-time landlords have […]