Development finance

Nearly half of London new homes aren’t built

46% of new homes given planning permission in the capital are not being built,...

LendInvest to fund its largest development project to date

LendInvest is to be the exclusive development finance lender on the first phase of...

Majority of brokers dismiss economic growth forecast

Despite the challenges presented by Brexit uncertainty, a downgrading of UK economic growth and...

Aldermore increases property development loan limit

Aldermore Bank has raised its maximum property development loan size from £10 million to...

Black Book Finance expands commercial finance team

Black Book Finance has appointed Darren Peiris to the position of commercial finance executive.  Peiris...

LendInvest’s lending up 33% year-on-year

LendInvest lent £500 million to help professional property investors, developers and landlords buy, build or...

COLG plans new commercial lender

City of London Group (COLG) has revealed that it is to start the process...

Developers failing to refinance off expensive deals

Developers in the UK are wasting £20m a year on interest they don’t need...

Octane Capital partners with RHL for bespoke £5m deal

Octane Capital has completed a £4.9m two-year developer exit to a client of RHL. The...

Brokers more optimistic than their customers

36% of brokers working in property and asset finance believe that the majority of...

Positive Commercial Finance celebrates tenth birthday

Specialist commercial finance broker Positive Commercial Finance is celebrating the tenth anniversary of its...

BFS launches <£1m development finance product

Bridging Finance Solutions (BFS) has launched a bespoke product catering for loans at a...

Together provides £550k loan in five days

Together has completed a £550,000 short-term loan in five working days after a property...

Thistle Finance teams up with LendInvest to rescue developer

Edinburgh-based packager Thistle Finance has arranged a last minute £1.3m development exit finance loan through...
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COMMENT

Comment

The case for tech fluency before AI adoption in the mutual sector

It often feels like there is only one conversation taking place in financial services at the moment: artificial intelligence. Whether it’s trade shows and...

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Latest news

Regulation

Final call for views on FCA mortgage reforms

The mortgage industry has until tomorrow to respond to Financial Conduct Authority proposals intended...
Cover

One in five borrow to fund private healthcare

Almost one in five people who recently accessed private healthcare used a credit card...
Compliance

Digital mortgage ID checks unaffected by government U-turn

Digital identity verification used by mortgage lenders, brokers and other regulated firms is unaffected...
Building Societies

Family BS launches broker Mortgage Hub

Family Building Society has launched an online mortgage application platform designed to give brokers...

PROFILES