Together has cut rates, hiked LTVs and doubled maximum loan sizes in a refresh of its unregulated bridging products. The specialist lender has repriced its short-term loans for residential investment to 0.55% at up to 50% LTV and at 0.65% at up to 60% LTV. Previously, rates for these products were 0.65% and 0.75%, respectively. […]
Indoor Climate Systems Limited, specialists in controlled business environments, has been provided with £2.4m in refinance and working capital by leading alternative finance provider to mid-sized SMEs, ThinCats. The Indoor Climate Systems (ICS) brand has been trading since 1992 from Lapworth in Warwickshire, and specialises in the provision of building services to both the commercial […]
Aldermore bank has provided a £1.3m commercial development finance loan to Cookridge Estates LLP, the West Yorkshire property developer, to fund the construction of two detached drive thru units built as part of a larger roadside and retail development. The two drive thru units have been pre-let to Costa Coffee and Burger King. The development […]
LexisNexis® Risk Solutions, the global data and analytics provider, has today announced that it has expanded its LexisNexis EDD Insight screening capabilities to streamline the process for users, enhance efficiencies, and ensure that no potential matches are missed when risk screening. Ultimately, the upgrades will ensure an even more efficient approach to enhanced due diligence […]
Today, Google for Startups announces the 30 tech businesses receiving grants from its $2m (approximately £1.5m) Black Founders Fund for Black-led tech startups across Europe. With less than 0.25%of venture capital (VC) funding going to Black-led startups in the UK, and only 38 Black founders receiving venture capital funding in the last 10 years, Google for […]
Research conducted by SteelEye highlights large pool of small buy-side firms across Europe and the US who require a modern communications capture and monitoring solution Existing options are built on legacy technology and support archaic data models and fee structures SteelEye’s new tiered communications suite offers compliance record keeping (Comms Capture) and monitoring (Communications Surveillance […]
Newman’s Plants Limited and The Palfreymans Limited, providers of professional horticultural services to businesses and buildings, have been supported with a total of £3m in acquisition funding by leading alternative finance provider to mid-sized SMEs, ThinCats. Both businesses are franchisees of Urban Planters Franchise Limited, operating under the Urban Planters name, providing services including the […]
#3rdgen lender, Octane Capital, today announced that it has completed on its largest, and most complex, loan to date — a £17.35m 5-year buy-to-let facility provided to Mr Patel of London-based landlord, PTL Estates. The loan, made at 4.99% with 1% interest deferred, required highly complex underwriting as it involved the refinance of no fewer than […]
United Trust Bank (UTB) has launched its Broker Summer Support Package 2021 – #BSSP21 – with a return to maximum 85% LTV lending on all its first and second charge mortgage products and the roll-out of new document upload functionality within its portal. The new system, which is available to all introducers, is designed to […]
LendInvest, the UK’s leading platform for property finance, has announced a range of key changes to its buy-to-let suite, including the launch of new pay rate products; and a repricing of its standard BTL range and Small HMO’s. LendInvest has introduced two new 65% and 70% LTV pay rate products, with rates starting at 3.34%. […]
