Packager First 4 Bridging (F4B) has expanded its intermediary proposition with the launch of the F4B Network. The F4B Network was created on the back of demand from intermediary introducers who have previously utilised the packagers vast expertise across the specialist lending markets. The F4B Network has assembled a comprehensive lending panel consisting of mainstream, […]
Service has become a bigger consideration for most buy-to-let advisers in the last six months, according to research by Pepper Money. In a recent survey of advisers active in buy-to-let, Pepper Money found 82% said that service had become a bigger consideration in their product recommendations. When asked what they considered to be the most […]
Mizen Group has successfully completed a mixture of residential and mixed-use property developments to expand its portfolio across London in schemes totalling almost £19m. The developments – including twin sites providing 12 family homes in the heart of Fortis Green and Finchley, North London together with 30 flats and two retail units in Sutton, South […]
Paragon Bank has provided an £5.4m funding package to Hawthorne Meadows Homes Ltd, part of Ground Group Ltd, to support a Derbyshire-based housing development of 39 homes. The funding from Paragon’s Development Finance division has enabled the second phase of development of 39 two, three and four-bedroom new homes at Hawthorne Meadows, Barlborough. Hawthorne Meadows […]
United Trust Bank (UTB) has agreed to refinance a £2.7m high quality apartment scheme by Clearview Developments by providing a £1.8m Sales Period Loan. Martin Cameron in UTB’s Structured Finance team was approached by Sam Le Pard of specialist real estate finance advisory firm LEXI Finance when the original lender declined a request to extend […]
Specialist lender Reditum Lending has provided Allanvale Land Investments with a bridging loan of £10.8m for a major residential and commercial development in South Ayrshire, Scotland. Located at Corton, the 125-acre land plot valued at £18m and forms the majority of a two-part masterplan with outline planning permission in place for 750 new homes. Allanvale […]
Specialist short term lender, Hope Capital, has today launched the Eighties Collection, which comprises two new bridging loan products. This includes the Hope 80 and the Hope 84 which are highly competitive bridging loans, designed for mixed-use property. The Eighties Collection follows the launch of the Seventies Collection in September 2020 which has been well […]
Bridging lender, London Credit has relaunched its auction finance product that enables property investors to access the booming property auctions market. With London Credit’s auction finance product, an offer can be issued prior to the auction so that a potential buyer has surety of funds should their bid be successful. Loans are available from £100k […]
LendInvest, the UK’s leading platform for property finance, has made a host of important changes to its buy-to-let suite, including rate reductions, the introduction of higher LTV products; and an increase in maximum loan sizes. LendInvest has reduced rates across its standard BTL range, with its 80% LTV product now available at 3.89%. The lender […]
Aspen has revamped its 2021 offering with its Stepped Rate cut to 0.44%, its Flat Rate reduced to 0.74%, and the launch of a new Rapid Desktop Valuation bridging product. The new rates, which are down from 0.49% and 0.84% respectively, are immediately available across all products up to a maximum loan size of £5m […]
