Commercial

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...

Funding 365 provides £7.2m for 50 Peterborough flats

Funding 365 has completed a £7.2 million 75% LTV development exit loan at a...

Roma Finance cuts bridging and development rates

Roma Finance has reduced rates and improved criteria across the product range. Rates for standard...

Upton to lead HTB’s development finance division

Hampshire Trust Bank (HTB) is expanding its development finance proposition to nearly double to...

Allica Bank improves commercial mortgage proposition

Allica Bank has revised its commercial mortgage products, reducing interest rates and increasing the...

Castle Trust Bank appoints director of proposition & strategy

Castle Trust Bank has appointed Anna Lewis to the newly created role of director of...

Helping commercial property be (re)fit for purpose

The high street is changing. Gone are the days where the adage ‘build it...

Sancus joins Knowledge Bank platform

Sancus has joined the Knowledge Bank platform as a short-term property finance provider. Knowledge Bank...

Retail vacancy rates marginally improve

The British Retail Consortium (BRC) has reported that, In the fourth quarter of 2021, the...

UTB’s property development loan book exceeds £1bn

United Trust Bank’s property development loan book has exceeded £1 billion for the first...

Saxon Trust appoints financial controller

Marc Osterley has been appointed as financial controller at Saxon Trust. A Chartered Management Accountant,...

UTB grows team as it targets sector expansion

United Trust Bank (UTB) is targeting an improvement on its record 2021 asset finance...

COMMENT

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost? Is it sustainable? And are we creating value, or just...

Bank Rate holds again, but November is now firmly in focus

There may well have been a collective sigh of relief across the mortgage market when the Bank of England announced another Bank Base Rate...

Buy-to-let at 30: the mortgage that changed Britain’s housing market

John Heron helped create buy-to-let when landlords had almost nowhere to turn for finance. Thirty years later, he and Paragon Bank's Louisa Sedgwick reflect...

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Latest news

Councils to gain earlier powers over long-term empty homes

Councils will be able to intervene when homes have stood empty for six months...

Phoebus completes latest SOC 2 Type II assessment

Phoebus Software has renewed its SOC 2 Type II attestation after KPMG assessed the...

Low-deposit mortgage lending climbs 38% to £24.7bn

Mortgage lending at loan-to-value ratios above 90% rose sharply over the past year as...

Stonebridge reports sharp rise in protection policies placed in trust

The proportion of protection policies being placed in trust has risen substantially over the...

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