Brickflow, the UK’s marketplace for specialist property finance, today announced the launch of regulated bridging finance on its loan sourcing and application platform. The addition provides intermediaries and their borrowers with a fast, efficient way to compare loans from the breadth of the regulated bridging market, and apply for secure funding. The regulated bridging market […]
End-to-end payments platform, Ecommpay, has added a new feature that will allow merchants to collect recurring PayPal payments from customers alongside subscription card payments and direct debits which they have been using to date. The new feature will serve merchants with subscription-based business models, which are selling a product or a service on a recurring […]
An award-winning specialist business bank has today launched a best-in-class savings bond to boost savers. The new 1 Year Business Savings Bond with an annual rate of 5.20% AER underscores Redwood Bank’s commitment to providing unparalleled value to its business customers. The Savings Bond offers a robust solution for businesses, as well as clubs and […]
Allica Bank has partnered with leading title insurance provider Westcor International to introduce their Perfect Title insurance product across its commercial mortgage range from 1 July 2024. The move will help to significantly reduce lending times for new property purchases up to a maximum value of £1.5m with an LTV of up to 60%. It […]
The Society has teamed up with local Leicestershire-based tech provider Provident IT to develop web-based tools offering comprehensive affordability calculations across the Society’s extensive range of residential and buy-to-let mortgages. The calculators were developed in collaboration with selected intermediary partners, ensuring the inclusion of key broker-friendly features and functionalities. They feature an intuitive interface with […]
At a time when Suros Capital’s new short term business finance facility, launched in January, is gathering interest from brokers, it has just funded an immediate short term loan of £235,000 for the client of an SME business owner within 72 hours of enquiry. Based in the South East, the client needed the sum in […]
Specialist commercial finance provider Reparo Finance has launched a new revolving credit facility to support SMEs with cashflow to fund growth. It plugs a gap in the market for flexible access to £25k-£75k over the course of a financial year. Reparo’s commercial director, Steve Richardson, explains: “We know it’s not easy running a business in […]
Precise, part of OSB Group, has made a number of changes across its buy-to-let product range, including reduced rates starting from 4.49% and new fee products. The enhancements are designed to offer a more competitive range whilst helping to increase the borrowing capacity of landlords. Highlights include: Reintroduction of Tier 1 products at 70% & […]
Assetz Capital, a leading funder in the SME development lending market, announce a significant enhancement to its development lending solutions, offering stronger initial day one advances to developers on schemes up to 70% LTGDV. This strategic offer is designed to equip housebuilders with robust financial support from the outset, facilitating smoother project execution. The offer […]
Buy-to-let lender Landbay has reduced rates across the majority of its two-year and five-year fixed rate products by as much as 0.10%. The 10 basis point reduction covers the entire two-year fixed range, except large HMOs/MUFBs and tracker products. Rates now start at 4.24% at 75% loan-to-value (LTV) with a 6% fee. The five-year range […]
