Category: Bridging

Despite mortgage rates staying low, many are finding themselves in a race to complete on a house or risk losing it, leaving a regulated bridging contract as one way to secure their dream house.

On a consultancy basis Gilmore, who was relationship director at HSBC, will be charged with growing the business development team and raising the profile of the firm in the North West as well as identifying new business opportunities.

Bridging lender Roma Finance has seen a 50% increase in enquiries in the last six months for property that combines residential and commercial – while more deals are in the pipeline or set for completion.

The office will be staffed by second charge mortgage advisors Thomas Wall, Steve Corns and George Tuffin.

Marlton will focus on securing new business and building relationships with brokers in and around Bristol.

Susan McBoyle has previously worked at Haynes and Boone, Prudential, Barclays and NS&I.

Aspen Bridging joins ASTL

The lender offers up to 80% loan-to-value and is a subsidiary of finance firm S&U plc.

Borro offers bridging loan valuation in 48 hours.

The high net worth broker has launched an office in Monaco and will expand to Dubai in quarter three, as it aims to become a global mortgage broker.

UTB reports profit surge

For the year ending 31 December 2016 the specialist bank increased its loan book by 42% to £617m, operating income rose 29% to £40.8m and customer deposits grew by 46% to £664m.