Adam Tyler, executive chairman at FIBA, said: “Whitehall Capital brings a creative and flexible approach with a really strong commitment to the FIBA membership as they take the next step in their evolution.”
The line, which is the latest in a number of funding lines secured by the business, will be used to fund bridging, refurbishment and development deals.
The new system brings West One’s bridging loans onto the same platform as West One’s development finance, buy-to-let and second charge lending.
Needham pictured) joins TMG after four years as a regional sales director for LSL and brings with him over 25 years of financial services experience.
The lender has hired Air Cover to communicate with mortgage brokers via its specialist trade media and national press.
Hope Capital has reported significant growth in enquiries and completions, and has recruited to continue with its expansion strategy and help support the underwriting department.
Twenty7Tec’s CloudTwenty7 platform helps with the process of searching, applying for and obtaining a mortgage for intermediaries, covering mortgages, bridging finance and secured loans.
Bridging lender Tuscan Capital has appointed Amjad Ibn Abdul as regional manager for the Midlands.
Searches for ‘maximum LTV’ are either the most, or second most-searched across the second charge, equity release, self-build, bridging and commercial mortgage markets.
The vendor was only willing to sell the property if the customer could prove they were a cash buyer or could complete within an eight week period.