4+ day, 2+ hour ago   (438+ words) Breadalbane has entered a strategic partnership with Scottish business consultancy and investment firm The Exiteers. The Exiteers will take a minority stake in the commercial finance brokerage and will provide investment, digital expertise and operational support. As part of the…...

4+ day, 6+ hour ago   (268+ words) Atelier has completed a £19.9m peak debt development facility, funding the construction of 57 new homes near Westward Ho!, north Devon. The loan, structured over a 36-month term, will enable the development of 48 homes for private sale, as well as nine affordable…...

4+ day, 9+ hour ago   (180+ words) The performance took the bank's Financial Sponsors lending book above £1bn. Shawbrook’s Financial Sponsors team has deployed over £250m of incremental lending this year, marking its strongest first-half lending performance to date. The performance took the bank’s Financial Sponsors lending book above…...

4+ day, 8+ hour ago   (335+ words) Together has provided a £1.4m bridging loan to a Devon dairy farmer to consolidate six existing loans ahead of his planned retirement. The farmer had taken out the emergency loans in 2023 after a salmonella outbreak among his herd prevented him from…...

1+ week, 7+ hour ago   (348+ words) Its Lifetime Mortgage Lump Sum Lifestyle Interest Reward product is available to homeowners aged 55 and over as a lump sum lifetime mortgage. LV= has launched Lifetime Mortgage Lump Sum Lifestyle Interest Reward as part of its Lifestyle equity release range....

1+ week, 4+ hour ago   (198+ words) Debbie Burton said: “Our aim is to make the process of placing regulated bridging cases as straightforward and consistent as possible." Central Trust has expanded its regulated bridging loans into Scotland and Northern Ireland. Brokers can now place cases with…...

1+ week, 5+ hour ago   (336+ words) Your Move Williams Rose, a franchise partner of LSL Estate Agency Franchising, has acquired Assured Property Rentals in Keynsham. The deal adds Assured Property Rentals’ portfolio of 250 landlords to the residential sales and lettings agency. Two members of the Assured…...

1+ week, 5+ day ago   (235+ words) Aspen has provided a £1,935,000 bridge-to-let facility in 14 days to support the refinancing of a 6,500 sq ft super-prime property in Alderley Edge, Cheshire. Having been within the same family ownership for more than 30 years, the five-bedroom detached house has recently undergone…...

1+ week, 5+ day ago   (325+ words) Allica Bank has expanded the use of automated valuations across its residential bridging range, increasing the maximum AVM loan size to £2m and the maximum LTV to 75%. Allica Bank has expanded the use of its automated valuation model across residential bridging,…...

1+ week, 5+ day ago   (393+ words) TAB has completed a £611,250 bridging loan to fund the purchase of a three-bedroom detached property in Iver, Buckinghamshire. The investor bought the chalet bungalow for £815,000. The 12-month first-charge facility was provided at 75% loan-to-value (LTV), with an interest rate of 0.8125% per…...