Secured Loans

ICL secures £11m to acquire student housing asset

Tue 16 Jul 2019

Property developer Innovation Control Ltd (ICL) has secured £11m in finance from Cambridge & Counties Bank to acquire a 242-room student housing asset in Salford. Riverside House is located in Salford was initially owned by ICL and a mix of other UK and international investors. The new financing has been used to buy-out all external […]

2018 SFI Awards: The Gallery

Fri 6 Jul 2018

Last Friday afternoon we welcomed 300 of the UK’s best specialist finance professionals to the spectacular Madison rooftop venue in London’s St Paul’s. Twenty seven awards were handed out to deserving companies and individuals who have made an outstanding contribution to the industry this year.

Your Expert Group hires Nathan Ellis-Calcott to launch specialist lending division

Mon 25 Jun 2018

Your Expert Group, the Glasgow-based specialist finance broker being set up by entrepreneurs, Peter Dean and Derek McPhail, has appointed Nathan Ellis-Calcott as director of specialist lending. Ellis-Calcott has over 15 years’ experience in financial services, most recently at Edinburgh-based master broker, Thistle Finance. He will drive the development of the Your Expert Group’s soon-to-launch […]

Clever Lending in drive for second charges

Thu 22 Feb 2018

Master broker Clever Lending has realigned business processes to continue its drive in the seconds charge market with a focus on new DIP forms, improved technology and faster response times. Recent FLA figures show a new business lending levels averaging around £83m per month over 2017. And the quality of advice has improved too, with […]

Prestige Finance cuts rates across its prime residential range

Wed 7 Feb 2018

Second charge lender Prestige Finance, part of OneSavings Bank, has reduced rates across its prime residential product range. Highlights of the changes include: variable rates from 3.89% and 5-year fixed-rates from 4.39%. Darrell Walker, head of sales second charge & commercial lending, OneSavings Bank, said: “We’ve been very keen to increase the competiveness of our prime range […]

Vida to launch into second charge

Mon 29 Jan 2018

Rates start from 4.5% and products cater for customers with an impaired and improving credit history, those with a short work history, customers with a low credit score and also later life borrowers.