Month: February 2019

What makes for a great bridging lender?  Bridging & Commerical

Bridging finance is a specialist form of short-term lending designed to assist homeowners in securing their dream home, construct new builds and buy land.

Ultimate Finance names new CEO  Bridging & Commerical

Ultimate Finance has appointed Josh Levy (pictured above) as its new CEO.

Shawbrook and Sirius help investor remortgage nine HMOs  Specialist Banking

Shawbrook — in partnership with Sirius Property Finance — has helped an experienced investor to the remortgage nine HMO properties worth £3.35m.

Rand consolidates below R14/$ in risk-on trade  Business Day

The local currency is benefiting from improved global sentiment, as well as the decreased chance of a credit-ratings downgrade by Moody’s Investors *Service*.

Bridging loan or deposit bond?  The Border Mail

When selling one property and buying another, the funds from the sale may not be available in time to use for the purchase deposit.

InterBay delivers £6m of commercial funding with Impact Specialist Finance  Bridging & Commerical

InterBay Commercial has teamed up with Impact Specialist Finance to provide just under £6m of commercial finance across two transactions.

LendInvest reports record month for BTL applications  Bridging & Commerical

LendInvest celebrated a record month for signed BTL applications in January 2019.

£1.5M Somerset West and Taunton Council loan for Watchet regeneration  Somerset County Gazette

A £7 MILLION regeneration of Watchet could be one step closer if the group in charge secure a council loan.

Vast cancels US$1.5M loan  www.mining-journal.com

Bullish move for miner after last month’s funding crisis has left it in shaky financial territory.

The importance of knowing your lender  Bridging & Commerical

Last year, we suddenly received an increase in loan applications from developers in the midst of projects who wanted a new loan.