Related topic: Specialist Lending

We spoke to Neil Patel, business development manager for retail mortgages at Shawbrook, about the key pressures shaping the current UK housing market, how borrower confidence and...

The specialist property lender was recently acquired by alternative investment manager, Balbec Capital. 

The specialist lender has reduced pricing, raised maximum LTVs and broadened support for self-employed borrowers.

REIM Capital offers first and second charge bridging loans secured against residential, semi-commercial and commercial property assets.

The product offers short-term funding of up to £4m for properties that combine both residential and commercial elements.

The Bank says it has seen growing demand for more cost-effective and flexible refurbishment funding solutions.

The bridging lender says its focus is on "maintaining close dialogue with brokers".

The move builds on enhancements introduced last week, which saw the Society reduce rates and simplify its core bridging finance range.

The team provides bridging finance to help professional property buyers secure below market value residential deals.

Lewis has more than a decade of experience in financial services through roles at Handelsbanken and National Australia Bank.