Related topic: Bridging

Allica Bank has announced pricing reductions across its commercial mortgage and bridging products, alongside changes to its wider property backed lending range.

The society will offer residential lending and regulated bridging finance from £200,000 to £5m in Scotland.

Dual+ is available at 75% LTV at 0.79% interest

The arrangement increases LendInvest’s capacity for larger, more complex loans.

As part of the changes, Shawbrook has introduced enhanced pricing and dedicated large-loan bridging products.

Brad joined UTB in 2012 as an underwriter in the bridging division.

Caelan previously established Young People in Bridging (YPIB), a networking group that hosts meetups for young professionals in the bridging industry under the age of 35.

Pallas Capital provides bridging and development finance across the UK, supporting borrowers and brokers across every stage of the property cycle.

The BDLA now has more than 50 lender members.

Tyler replaces Vic Jannels, who is stepping down at the end of the year after six years in the role.