The Financial Intermediary & Broker Association (FIBA) and Association of Short Term Mortgage Lenders (ASTL) have confirmed a framework for their Hampshire Trust Bank has appointed three new lending directors within its development finance division. A new bridging and development finance lender has launched today following the receipt of its banking licence. Paradigm Mortgage Services has added Octopus Real Estate to its lending panel. Kuflink has appointed Ranjit Narwal as head of origination to build up its presence in the intermediary-focused short term lending market. Assetz Capital has expanded its origination team with the appointment of new relationship director John McDonnell. With the cost of raw materials continuing to rise, brokers need to help their property developer clients in any way they can to reduce the impact of these increases in order to keep...
Paragon Bank has announced changes to its development finance leadership team, taking effect from 1 October 2022. Bridging lender, Kuflink, has announced that its P2P platform has just passed the £200 million mark as new investment levels continue to accelerate. Sirius Property Finance has strengthened its investment team with the recruitment of Ashley Elkin as senior associate.

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