Bridging

Aldermore provides £7.1m development loan

Aldermore has provided a £7.14m property development loan to Hollins Homes Limited, a well...

Somo celebrates best ever month

Specialist lending firm Somo Bridging has celebrated its best month ever thanks to its...

ASTL sees Q4 fall in bridging completions

Bridging applications and loan books continued to grow in Q4 2022, according to the...

Spring Finance appoints head of sales for bridging

Specialist lender Spring Finance has announced the appointment of Owen Bentley as head of...

HTB completes £21.1m development finance facility

Hampshire Trust Bank (HTB) has completed a £21.1 million development exit and construction loan...

MT Finance appoints managing director

MT Finance has announced the promotion of Gareth Lewis from commercial director to managing...

MFS joins The Money Group panel

Market Financial Solutions (MFS) has joined The Money Group’s (TMG) panel of lenders. The...

United Trust Bank reveals record pretax profits

United Trust Bank (UTB) increased profit before tax by 35% in 2022 to £60.2m,...

Aspen completes £2.25m sales bridge

Aspen Bridging has completed a £2.25m loan for an existing client after the developer’s...

ASTL and FIBA ready to launch CPSP learning programme

The ASTL and FIBA have confirmed that the Certified Practitioner in Specialist Property Finance...

HTB completes £7.5m development exit loan

Hampshire Trust Bank (HTB) has provided one of the North West’s largest property developers...

TAB relaunches fixed rate residential bridging loans

Bridging lender TAB is reintroducing fixed rates for first charge residential bridging loans. Residential bridging...

OSB Group unveils new charity partner

OSB Group has announced its new charity partner for the next two years. Following...

Silbury Finance provides £25m Permitted Development loan

Silbury Finance has provided Kingsbridge Capital, a specialist residential developer, with a £24.7 million...

COMMENT

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

The new Chancellor wants to remove barriers to growth; he should start with housing

There was probably a degree of unintended irony in the Treasury choosing to call the Chancellor, John Healey’s, first major market ‘intervention’ his ‘Growth...

Brokers are losing the attention battle 1,000 to 3

Take a client you placed on a 5-year fix last year. Over the life of that deal, their bank is now planning to contact...

Latest news

Wealth at Work names Mark Duckworth as next chief executive

Wealth at Work has appointed former Schroders Personal Wealth and Openwork chief executive Mark...

Mortgage labels risk putting older borrowers off advice

Terms such as "later life lending" and "equity release" risk creating barriers between borrowers...

Advisers face pressure to bring families into retirement planning

Advice firms risk weakening long-term client relationships by failing to involve partners and beneficiaries...

Bank Rate held at 3.75% as energy shock raises prospect of future increase

The Bank of England has kept Bank Rate at 3.75%, but warned that persistent...

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