Bridging

Funding increased to speed up planning

1st March 2018 0

The first wave of the Planning Delivery Fund, totalling £15.8m, has been awarded to enable councils to process more applications, implement new reforms and also train planners to tackle housing challenges. […]

Bridging

Stephen Johnson set to depart Shawbrook

24th January 2018 0

Stephen Johnson, deputy chief executive and managing director of Shawbrook Property Finance, is set to leave the bank later this year. Johnson (pictured) has 15 years experience in building specialist lending businesses, across commercial and […]

Bridging

Developers massively overpaying on interest

3rd January 2018 0

Developers are squandering £20m a year on interest they don’t need to pay, research from specialist packager Thistle Finance has revealed. Companies take out development finance loans for the duration of their builds. However, once […]

Bridging

Lendy integrates Saving Stream into brand

28th March 2017 0

Peer-to-peer secured lending platform Lendy is set to integrate its investor-facing platform, Saving Stream, under the Lendy brand. The move is aimed at simplifying its branding and to make accessing its loan-based crowdfunding platform easier […]

Asset & Invoice Finance

UTB reports profit surge

2nd March 2017 0

United Trust Bank has reported a 36% increase in profits before tax to £20.7m. For the year ending 31 December 2016 the specialist bank increased its loan book by 42% to £617m, operating income rose […]

Bridging

Pivot joins ASTL

2nd March 2017 0

Pivot has become the latest lender to join the Association of Short Term Lenders. The specialist lender provides bridging and development finance secured against residential and commercial properties on a first and second charge basis. Benson […]

Bridging

LendInvest looks to double development lending

23rd January 2017 0

LendInvest wants to double its development finance lending this year which it views as an underserved and growing area, its chief commercial officer Matthew Tooth has revealed. Tooth said development finance makes up around 20% […]

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