Pankaj Thukral, chief lending officer at GB Bank, explores how bridging finance is a useful way to help clients make more of each asset and keep their wider investment strategy...
Pankaj Thukral, chief lending officer at GB Bank, explores how bridging finance is a useful way to help clients make more of each asset and keep their wider investment strategy...
Jonathan Newman, senior partner at Brightstone Law, has joined the Bridging & Development Lenders Association (BDLA) as legal advisor to the board.
Offa has appointed a BDM for the Midlands and North and a business development support officer.
The single rate product is available at 0.75% on loans from £100,000 to £750,000.
The initiative has been introduced to help borrowers tackle upfront costs on their transactions.
The lender has added a standalone semi-commercial product to the range.
The Bank says brokers are increasingly structuring short-term funding as part of a wider, multi-stage investment strategy.
All legal and valuation fees that are claimed by May 31st will be covered up to £3,000 per deal.
The lender has strengthened its bridging and development finance proposition across key UK regions with a trio of appointments.
The results will help build a clearer picture of the modern bridging and development finance landscape.
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