Category: Bridging
Philip George was formerly a founder and managing director of Shawbrook Bank.
Fiduciam saw £43.5m of new loans in October.
This follows from Q1’s survey which found positive predictions of price growth across the country.
Wasserman had been with the company for 14 years.
Ingard’s network of brokers and intermediaries will now be able to access MFS’ bridging products.
Con artists have been cold calling pretending to be from Shawbrook Bank.
The bank launched their bridging pilot scheme in February.
Fiduciam’s German subsidiary, Fiduciam GmbH, received its licence in January to introduce bridging finance solutions to German SMEs and entrepreneurs.
Purchasing investment property was the most popular reason for using bridging finance for the third consecutive quarter.
The bridging lender’s previous maximum term stood at 12 months.