West One Loans the Bridging Finance provider has added a further member to their team. Amir Khan has joined the West One Loan’s team as a Key Account Manager. Amir has joined the business to assist with the roll-out of the West One Loan’s Buy-To-Let products, which takes West One Loans into a whole new…
Roma Finance the bridging and development finance lender has recently closed off a rebridge to acquire a development site. The property was originally purchased for £805k in December 2018 and the client had previously applied for, but was rejected, planning to erect two houses on the site. The client subsequently applied for on large, 6,000…
Castle Trust has revealed that the purpose-built student accommodation (PBSA) sector could be a “natural extension” to what it may offer in the future. The specialist lender — which currently only focuses on the residential sector — offers bespoke development finance solutions on a first charge basis. Simon Whitfield, head of development at Castle Trust…
FinancialReporter.co.uk has recently reported that investor demand for bridging finance has continued, please see below for further details of this article. Via financialreporter.co.uk Matt Lenzie from Commercial Mortgages Broker said: “It is not surprising that bridging finance demand has continued, investors are pushing to acquire and flip properties quickly and bridging finance can be a…
Financial Report has recently reported the following (Via financialreporter.co.uk): “Using technology to overcome buy to let hurdles.” Historically speaking, due to the complexity and intricacies attached to many areas of specialist lending, the human underwriting factor has often overshadowed the influence of tech in these areas. However, many landlords, lenders and intermediaries are embracing a…
Master broker and packager Positive Lending has placed its 1,000 bridging loan case with specialist lender Precise Mortgages. Since Positive Lending started writing cases with Precise Mortgages in 2013, the two companies have helped customers access more than £250m in bridging finance. Paul McGonigle, chief executive of Positive Lending, said: “To reach this fantastic landmark,…
