Related topic: Bridging

Application volumes rose by 11.8% between Q2 and Q3 as lender loan books reach a new record high.

The new product has no arrangement fee and refunds of valuation and legal costs.

Hope Capital Property Finance is launching a new offering, with lower rates across its ranges.

Rates on the AVM product now match the lender's residential bridging rates.

The change expands the lender’s criteria to meet a wider range of borrowing scenarios.

He will replace Vic Jannels, who is stepping down at the end of the year after six years in the role.

Gross lending rose by 4.9% to £209m in Q3, with investment property purchases fuelling demand.

For the first time, Allica will offer below-market-value leverage up to 80% of the purchase price.

The changes allow more cases to qualify for an AVM, helping to reduce completion times and streamline the process.

The specialist lender has enhanced its bridging range with a November offer and additional flexibility with product fees now added to the loan.