Price is responsible for enhancing Vida’s overall credit governance and the approval experience of intermediaries and borrowers across its product range.
Black & White Bridging has hired Heather Hancock as senior underwriter and Oliver Bland as relationship manager.
Regional lender Bath & West Finance has rebranded, launching national outfit Black & White Bridging, led by commercial director Damien Druce.
Y3S Bridging & Commercial will now join Y3S Loans under one roof at SMG’s Cardiff headquarters.
Instead of using the government’s Mortgage Guarantee Scheme, the society will be returning to the 95% LTV market using its own third-party insurance provider.
Pitch 4 Finance aims to help intermediaries source solutions for their clients in bridging, property development, commercial term loans and complex buy-to-let.
When the planning application was delayed by the council, the client needed to refinance the property to ensure they could fund the renovation works beyond the initial deadline.
According to Rex, the most significant hidden cost of cheap software is that of replacing it when a better product is needed, and of retraining staff on new technologies.
EXCLUSIVE: Peer-to-peer lender Blend Network has funded its largest ever loan, part of a £2.6m total lending facility, in just six minutes.