Enterprise Finance, one of the industry’s most experienced specialist brokers, has completed a bridging loan in a rapid turnaround of just five hours. The quick completion helped a couple who risked losing their new home. The client had a buy-to-let property for sale and was planning on using the funds to purchase a house to […]
CHL Mortgages, the intermediary-only specialist buy-to-let lender has been appointed by Dynamo for Intermediaries following their return to lending earlier this year. The lender’s relationship with Dynamo extends over a number of years with CHL Mortgages being one of the first lenders to work with the team soon after the business was founded. As a […]
Bridging lender, London Credit has launched a Fast & Flexible Refurb product. The Fast & Flexible Refurb allows for up to 100% of the cost of works and can be used to finance renovations, extensions or even conversions. The product also allows for further advances, which can be considered for additional work without the need […]
Together Financial Services Limited (“Together” or the “Group”), one of the UK’s leading mortgage and specialist loan providers, is pleased to announce the successful completion of its second public small balance commercial real estate mortgage backed securitisation (“CRE MBS”). The £249m Together Asset Backed Securitisation 2021 – CRE2 plc (“CRE2”) has an advance rate of […]
United Trust Bank (UTB) has begun offering Recovery Loan Scheme (RLS) facilities of up to £10m, supporting access to finance for businesses as they recover and grow following the Covid-19 pandemic. RLS facilities are available through UTB’s development finance, structured property finance, bridging finance and asset finance divisions. The facilities, offered in partnership with HM […]
Specialist business property adviser, Christie & Co, has announced the sale of Cosy Cottage Nursery School in Edinburgh. Cosy Cottage Nursery School is a reputable children’s day nursery with effective operating capacity for up to 35 children aged 0 to 5-years-old. The nursery is located in the east of Edinburgh, just off Willowbrae Road and […]
VAS Audit has completed live auditing and assurance services on over £200m worth of valuations, comprising of 500 separate reviews, for Signature Property Finance. In total the business, part of the leading multi-faceted valuation market specialists VAS Group, has undertaken circa 15 audits per month which spans across over 60 different surveyors at an average […]
New research out today from Smart Money People has found that broker satisfaction with mortgage lenders has increased by 2.5% from 77.8% to 80.3% in the last six months, although overall satisfaction has not yet recovered to the peak seen in H1 2020 of 82.70%. Smart Money People is the leading financial services customer review […]
#3rdgen lender, Octane Capital, today announced that it has passed £1bn of completions, just over four years since its launch in May 2017. Since the lender opened its doors, it has received 3,274 applications with a combined value of over £2.4bn and made AIPs (agreements in principle) of £8.8bn. It has completed on 1,375 loans. Octane launched in 2017 as the […]
LendInvest, the UK’s leading platform for property finance, has appointed digital-first law firm, Juno, to its legal panel for its buy-to-let product. Juno specialises in property conveyancing, and is uniquely positioned to partner with LendInvest due to it’s fully online-process. The firm provides access to an online dashboard, where clients are able to receive regular […]
15/06/2021
Edition 292 – May/June 2021
Adios Amigo By Business Money group editor Robert Lefroy So much happening on...
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