Latest Commercial News

How can brokers and bridging lenders maintain marital bliss?

How can brokers and bridging lenders maintain marital bliss?

Any successful marriage needs to be worked at. The same is true of the working relationship between bridging loan brokers and lenders.

18 Aug 2017

Ashley Finance lends £1.7m in 'record-breaking' month

Ashley Finance lends £1.7m in 'record-breaking' month

Manchester-based SME bridging specialists Ashley Finance saw a 'record-breaking' month in July, with payouts totalling £1,769,000. This figure has more than doubled compared to its July 2016 total, in which the funds lent amounted to £526,945.

18 Aug 2017

ASTL members write £3bn in bridging loans for first time

ASTL members write £3bn in bridging loans for first time

Figures on the size of the bridging market show no sign of any slowdown – instead they continue to gather pace, according to data from the ASTL.

17 Aug 2017

Aegon and Funding Circle announce partnership to support growth of SMEs

Aegon and Funding Circle announce partnership to support growth of SMEs

Aegon and Funding Circle have announced a strategic long term partnership to support the growth of UK small businesses.

17 Aug 2017

Lendinvest hires its first BDM for the South of England

Lendinvest hires its first BDM for the South of England

LendInvest, the specialist online mortgage lender, has appointed its first Business Development Manager for the South of England.

15 Aug 2017

Mint Bridging moves sales team to Media City

Mint Bridging moves sales team to Media City

Mint Bridging has confirmed its sales and business development team has relocated to MediaCityUK, Salford. The team, headed by Sinead Moynihan (Head of Sales) includes Jordon Catto, Steven Bowes, Connor Hornby, Max Herman and Kate Busuttil.

14 Aug 2017

Momentum addresses commercial property SIPP concerns

Momentum addresses commercial property SIPP concerns

Investor concern about complex charges when joint owners are buying commercial properties for their SIPPs is being addressed by Momentum Pensions, the pension specialist and SIPP provider.

11 Aug 2017

London Bridging Finance launch bespoke app in rebrand

London Bridging Finance launch bespoke app in rebrand

Bridging loan provider London Bridging Finance has undergone a total rebrand, and today has revealed its new website and mobile application to support the launch of its new fund vehicle Force 12 Capital.

11 Aug 2017

Avamore originates first 'Instagram loan'

Avamore originates first 'Instagram loan'

Avamore Capital has announced the completion of its first deal originated directly via Instagram.

11 Aug 2017

Bridging lending volume soars in Q2: Bridging Trends report

Bridging lending volume soars in Q2: Bridging Trends report

Bridging loan activity peaked to £150.1m during the second quarter of 2017, a 26% increase on first quarter gross lending, according to the Bridging Trends report from MTF.

10 Aug 2017

 

LendInvest makes London Stock Exchange debut

LendInvest makes London Stock Exchange debut

LendInvest today listed a £50 million retail bond on the London Stock Exchange to 'strong demand'.

10 Aug 2017

RM Secured Direct Lending invests £10m in asset finance firm

RM Secured Direct Lending invests £10m in asset finance firm

RM Secured Direct Lending, which specialises in tailored debt solutions, announces a transaction to commit up to £10 million in loans to Praetura Asset Finance, with an initial commitment of £5.5 million.

10 Aug 2017

Credit availability improves for small companies: BoE

Credit availability improves for small companies: BoE

The Bank of England's 'Agents' summary of business conditions' August update, released today, shows credit availability has improved slightly for small companies and that financing remains 'readily available generally'.

09 Aug 2017

Shawbrook Commercial appoints new team leader to sales desk

Shawbrook Commercial appoints new team leader to sales desk

Shawbrook Bank has announced the appointment of a new Sales Desk Team Leader within its Commercial Mortgages department.

09 Aug 2017

Seneca cuts rates across commercial range

Seneca cuts rates across commercial range

Seneca Bridging has announced significant changes to its lending criteria, rates and fees.

08 Aug 2017

Amicus reports record July with lending of £72m

Amicus reports record July with lending of £72m

Amicus Property Finance has today announced a record month of lending in July at £72 million, citing a 'confident and buoyant' short-term property lending market as well as having expanded its offering further across the country with the opening of the Manchester office last year as key factors.

08 Aug 2017

Foundation Home Loans launches dedicated HMO offering

Foundation Home Loans launches dedicated HMO offering

Foundation Home Loans has today enhanced its Buy to Let range further with a new HMO product, available to both individuals and limited companies that have had previous experience as landlords.

08 Aug 2017

NACFB's new CEO Graham Toy starts work

NACFB's new CEO Graham Toy starts work

As I settle into my new role, my commute from Liverpool St Station to Hamilton House takes me right past Bucklersbury House where I started my career with Barclays forty years ago, fifteen years before the formation of this Association.

02 Aug 2017

NACFB calls for membership input on FCA consultation

NACFB calls for membership input on FCA consultation

The NACFB is 'actively encouraging' its members to respond and contribute to the Association’s overall response to an FCA Consultation Paper.

01 Aug 2017

AToM and UTB complete £1.7m bridge in 9 days

AToM and UTB complete £1.7m bridge in 9 days

Specialist mortgage packager and distributor AToM has arranged a £1.7m regulated bridging loan in just nine days with United Trust Bank.

01 Aug 2017

Shawbrook Commercial acts early ahead of PRA changes

Shawbrook Commercial acts early ahead of PRA changes

Shawbrook Commercial Mortgages today announces that it has implemented the necessary changes to its systems and processes ahead of the 30th September deadline.

28 Jul 2017

Together recruits new commercial operations manager

Together recruits new commercial operations manager

Specialist lender Together has appointed a new commercial operations manager to its growing commercial team.

28 Jul 2017

AOBP appoints fourth Executive Committee member

AOBP appoints fourth Executive Committee member

The Association of Bridging Professionals has appointed a fourth new Executive Committee member, Jordan McBriar, to complete its new look team.

27 Jul 2017

Alternative appoints new internal BDM

Alternative appoints new internal BDM

Alternative Bridging Corporation has appointed Soner Enver as Internal Business Development Manager.

27 Jul 2017

Commercial law firm joins ASTL

Commercial law firm joins ASTL

The commercial and private client practice JPC Law has joined the ranks of the Association of Short Term Lender as an associate member.

27 Jul 2017

Iron Bridge Finance appoints new director of sales

Iron Bridge Finance appoints new director of sales

Iron Bridge Finance, the London-based property development lender, has announced the immediate appointment of Martin Gilsenan as its new director of sales.

26 Jul 2017

70% of SMEs aren't aware of Relevant Life Plans, L&G data reveals

70% of SMEs aren't aware of Relevant Life Plans, L&G data reveals

Less than a third (30%) of Britain’s SMEs are aware of Relevant Life Plans, a product which could save businesses potentially hundreds of pounds per employee, according to new research by Legal & General.

26 Jul 2017

Growth Street brings on new hires in expansion

Growth Street brings on new hires in expansion

SME lender Growth Street has brought on board a new Director of Sales, Head of Relationship Management and Business Development Manager as the firm’s expansion continues.

25 Jul 2017

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