Aspen Bridging has launched its Summer 2023 Rates & Product Card with rates dropped by 60 bps across the board and 80% LTV reintroduced on its Development Exit & Refurb product. Flat Rates, across all product types including heavy works, are now available at 0.89% plus one month’s exit at 80% LTV, 0.89% at 75% […]
Knowledge Bank, the UK’s largest and most comprehensive criteria search system, today launches a powerful new way for brokers to submit new business enquiries to mortgage lenders. Called ‘Notify’, it is a revolutionary new-business enquiry platform on the Knowledge Bank criteria system. Lenders will be able to access it via the Knowledge Bank lender system […]
Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, has launched a new block discounting product to enable independent finance providers and own-book lenders to release capital invested in customer finance agreements. The first block discounting clients were supported this month. Offering facilities throughout the UK from £500k to £20m, CBF Block […]
VAS Panel has further strengthened its quality control procedures with the launch of QC+, a free, in-depth additional audit overview of valuations where the value is over £5m. The service, which is delivered by one of VAS’s own dedicated chartered surveyors, builds on the company’s existing market-leading audit procedures which review over 100 core areas. QC+ […]
Selina Finance has announced the launch of its new referrals service alongside a range of new ‘near-miss’ referral policy areas for brokers. As part of a package of process improvements, the lender aims to widen the accessibility and eligibility of its product range to applicants who slightly deviate from its standard criteria. The referral service […]
Hope Capital has today announced it has cut rates on all deals over £1m, enabling brokers and borrowers to hit the jackpot on their large loans. The specialist short-term lender’s announcement means all borrowers who take a loan out over £1m with Hope Capital, can make significant savings on their borrowing. For example, if a […]
Allica Bank has announced a raft of record rate reductions across its commercial mortgage product range. The significant rate cuts come in light of a stabilising economic picture and are targeted at encouraging businesses to invest and grow. The business bank, which specifically focuses on serving established SMEs of between 10 and 250 employees, has […]
Hodge is announcing further reductions on rates across its Professional Mortgage range from tomorrow (4 May). It is the third time the specialist lender has dropped rates on its Professional Mortgage product since it first launched it in December. Now Hodge has moved to reduce rates across its Professional Mortgage product range once more, with […]
Specialist lending firm Somo Bridging will once again launch its exclusive ‘one month interest free’ deal for clients of brokers that lock in a deal with the firm throughout May. As part of the month-long initiative, Somo will treat borrowers to their first month interest free and the discount will apply to both serviced and […]
Digital SME lender and savings provider, Recognise Bank has appointed VAS Panel in a move which is designed to significantly speed up valuation turnaround times and give more confidence to broker partners placing business with the Bank. VAS Panel’s appointment to provide valuation management services on all of Recognise’s property lending, including bridging loans, commercial […]
