Conister Bank Limited (“Conister”), part of Manx Financial Group PLC (AIM:MFX), is delighted to announce the launch of a new easy-to-use online deposit system for its UK retail customers. The launch follows the success of its digital distribution channel on the Isle of Man, which now accounts for over 70% of the bank’s lending. The […]
Paragon Bank has announced the selection of Alfa to power a new Commercial Lending Transformation Programme, replacing its legacy systems and streamlining the end-to-end lending process. The strategic initiative will modernise Paragon’s SME lending operations, diversify its product portfolio and enhance the experience for customers and brokers. By choosing Alfa’s accelerated Alfa Start delivery methodology, […]
Aarin Chiekrie, equity analyst, Hargreaves Lansdown:: “Taylor Wimpey remains on solid ground, despite a steep share price decline in the final months of 2024 as the UK Budget, sticky mortgage rates and economic fears weighed on the whole sector. Underlying performance was good, with sales rates having improved over the last year and completions coming […]
The British Business Bank has agreed an ENABLE Build transaction of up to £150m with specialist bank Shawbrook to increase the amount of development finance it provides to UK smaller housebuilders. Shawbrook has surpassed £2bn of lending to UK property developers, creating over 8,000 new homes. The guarantee is expected to further support over £300m […]
Atom bank, the UK’s highest rated bank on Trustpilot, has cut the interest rates across its range of fixed and variable commercial mortgages. Fixed rates have been reduced by up to 0.47%, while variable rates have fallen by up to 0.41%. The rate reductions take effect immediately. As a result of the cuts, variable rates […]
Finance for Forces is proud to announce its formal commitment to the Armed Forces community as an official signatory of the Armed Forces Covenant. This significant pledge reflects our dedication to supporting veterans, service members, and their families in meaningful and lasting ways. Russell Lewis MC, co-founder of Finance for Forces, shared the personal significance of this […]
There has been a six-month peak in the percentage of small businesses that need to secure funding or finance in order to move forward with their growth plans for early 2025 – 57%, up from 53% in spring 2024 – according to new research by Novuna Business Finance. Following small business concerns over the hike […]
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell in November 2024 by 4% compared with the same month in 2023. In the eleven months to November 2024, new business was 3% higher than in the same period in 2023. […]
Specialist business property adviser, Christie & Co, has launched its Business Outlook 2025 report which reflects on the themes, activity and challenges of 2024 and forecasts what 2025 might bring across the sectors in which Christie & Co operates, including in the UK day nursery sector. Market overview 2024 was an active year for children’s […]
Metro Bank has increased the maximum loan-to-value (LTV) available on large commercial mortgages to 75% from 70%. Open to all businesses in England and Wales with at least three years trading history, commercial mortgages can be beneficial for small to medium sized businesses of all kinds who would benefit from being able to grow in […]
