Development finance

Brokers say development finance “hotter” than bridging

Nearly half of brokers operating in the specialist lending space think development finance is...

Investec provides £35m for South London student development

Investec Real Estate has provided Tribe, a London and Southeast-focused student housing developer, with...

Alternative Bridging expands sales team

Alternative Bridging Corporation has bolstered its field sales operation with the appointment of Jon...

UTB funds £30m South London development

United Trust Bank (UTB) is funding a £30m mixed use residential and commercial development...

BFS predicts 20% national growth in coming months

Short term lender, Bridging Finance Solutions (BFS), has doubled its lending over the past...

Making the most of Permitted Development

There is no doubt that since Permitted Development schemes were introduced in 2020, landlords...

Paragon provides £22.6m development finance for student scheme

Student accommodation provider Study Inn Group has secured a £22.6 million finance facility from...

SPF and LendInvest complete £14m of development funding

SPF Private Clients and LendInvest have partnered across three deals in a week, worth...

Catalyst launches development finance to 95% LTC

Catalyst has moved into the development finance market with a new stretch senior product. Offering...

Sancus launches new refurb product

Sancus has launched a new refurbishment product aimed at UK brokers and their clients...

Two new recruits at Alternative Bridging Corporation

Alternative Bridging Corporation has appointed a new underwriter and a case manager. Robert Seymour has...

West One provides seven-day loan turnaround for £11.6m build

West One Loans has turned around a development finance loan in seven days. The lender...

Hope Capital reports record year

Hope Capital has reported that its 2021/22 financial year was strongest year in its...

Aspen unveils new development exit & refurb product

Aspen has made changes to its offering, unveiling a new development exit & refurbishment...

COMMENT

Mortgage maturity: A golden opportunity for advisers

Around 1.8 million fixed-rate mortgage deals are due to come to an end in 2026, adding to the 1.6 million mortgages that already matured...

Rates are moving and regulation is evolving

Many lenders are having to increase their rates, and that trend looks set to continue over the coming week. For clients whose current deal...

Building tomorrow’s mortgage market: AI built on trust, governance and confidence

The government's Financial Services AI Adoption Plan, led by Harriet Rees, group chief information officer at Starling Bank, and Dr Rohit Dhawan, group director...

The protection prompt: what AI still needs to get right

The Mills Review has prompted plenty of discussion across the mortgage industry. While much of the focus has been on the finding that a...

Why second charges are helping Right to Buy borrowers do more with their home

For many people, Right to Buy is still one of the most accessible ways to become a homeowner and over the last five years,...

Latest news

Skipton loses former Connells chief’s discrimination case

Skipton Group Holdings and Connells have lost an employment tribunal case brought by former...

IMLA supports flexible mortgage rules but says housing supply remains key

Mortgage lenders have backed proposals to give first-time buyers and other underserved borrowers greater...

Mortgage borrowing jumps to £7.7bn

Net mortgage borrowing more than doubled to £7.7bn in June, up from £3.3bn in...

AMI says mortgage rule reforms must keep advice at their core

Proposals to give lenders greater flexibility must be supported by mortgage advice if they...

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