We spoke to Steve Sanderson, commercial and bridging specialist at Clever Lending, about bridging finance trends in the current market, his advice for brokers new to the bridging...
Related topic: Bridging
The appointment comes as UTB restructures its bridging underwriting function into two dedicated teams.
Previously, the company had reduced its LTV limits to 75% in response to market conditions.
The discount will apply to both serviced and retained loans.
Michael has held previous roles at First Union Mortgages, Enterprise Finance and West One Loans.
Anna Lewis of Castle Trust Bank explains the different types of bridging borrowers that brokers may encounter and the considerations in finding an appropriate solution. She also...
Borrowers will benefit from end-of-term discount on loans where property achieves an improved rating of EPC C or above.
BFS will now develop relationships with brokers to offer short-term property finance in the region.
The semi-exclusive light and heavy refurbishment bridging product has a rate of 0.85%.
Marios Theophanous, credit manager at London Credit, explains that while the headline figure on a variable rate may look attractive, it’s important that brokers do their due...