Chain break continued to be the most popular use of bridging in Q2 at 24% of all loans.
Related topic: Specialist Lending
The Bank has increased the maximum loan size available to use title insurance to £3m.
Loans Warehouse can now offer bespoke bridging terms and fees.
Greg will also be the sales team’s first point of contact when assessing new deals.
The lender can now issue a mortgage offer when consent from the first charge lender is the only outstanding item.
21Finance is a new specialist finance packager and distributor for the whole broking community.
Vida has increased the maximum age at the end of term to 80 years old.
Maeve Ward, director of commercial operations at Central Trust, explores how the amount of equity many people have built up in their property can help pay down existing debt and help...
Both regulated and unregulated bridging rates have reduced.
Anna Lewis of Castle Trust Bank considers the growing popularity of purchasing a property at auction, the considerations for buyers and some of the financing options.