Hope Capital has experienced another exceptional month in business and achieved a new firm record, with a 196% increase in deals reaching completion in the 6 months leading up to March 2021 versus the same period last year. The firm has also seen a significant increase in enquiries that is part driven by growth in […]
Funds advised by Hilltop Credit Partners, a specialist funding partner for SME residential developers, have completed an £11.2m loan to Ascena Developments for the redevelopment of the historic, Grade II listed Bishop’s Court hotel in Torquay, Devon. The project will deliver 15 high-specification houses and 5 flats within a gated community, overlooking Torbay from the Warberries […]
Specialist business property adviser, Christie & Co, has announced its ranking as the most active agents in the hotel sector across Europe for 2020 based on the number of hotels sold, according to the latest rankings provided amongst tracked brokers on Real Capital Analytics (RCA). RCA’s latest figures released this month revealed that Christie & […]
Hope Capital has announced it is launching its short-term finance proposition in Scotland. The specialist lender has launched a diverse range of products in recent months for property in England and Wales and having tracked the Scottish property market for some time, is expanding its offering to brokers and their clients who have property in […]
Newcastle Intermediaries has joined MCI Club’s growing lender panel offering even more choice to the club’s members. As the intermediary arm of Newcastle Building Society, Newcastle Intermediaries offers a range of residential and buy-to-let products and will lend across England, Scotland and Wales. Products include LTVs up to 85%, Joint Mortgage Sole Proprietor as well […]
Santander UK has provided MJ Gleeson with an additional £35m of funding to help the business meet its target of growing the business beyond its target of 2,000 homes a year, which it expects to achieve next year. Santander’s funding will support the business’s working capital and provide headroom for growth. In the last 10 […]
United Trust Bank (UTB) and proptech provider Aprao have announced a collaborative relationship to promote the benefits of digital solutions in the development finance sector. As a leading specialist bank providing funding to SME housebuilders and developers, UTB receives high volumes of enquiries and appraisals submitted in a wide variety of formats. Aprao is an […]
LendInvest, the UK’s leading platform for property finance, has appointed top 200 UK law firm Blacks Solicitors to its legal panel for its buy-to-let product. Blacks Solicitors specialise in providing legal advice to the owners, landlords, lenders, and tenants of commercial and residential properties. The business will now instruct Blacks alongside four existing panel firms […]
The latest sentiment survey from the Association of Short Term Lenders (ASTL) shows that bridging lenders are positive about the outlook for their businesses, the bridging market and the long-term outlook for the UK economy. The research, which was conducted amongst members of the ASTL shortly after the Budget in March found that more than […]
London-based full-service law firm, Memery Crystal has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. The law firm has a track record of acting for alternative finance providers, helping to develop their reputation and portfolio by delivering advice on creative security structures, lending terms and […]
29/01/2021
Edition 290 – January/February 2021
It’s the economy By Business Money group editor Robert Lefroy The Long Haul 2...
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