Category: Bridging
Roz Cawood, director of sales at Hope Capital, said: “We are delighted to welcome Danielle and David to the Hope Capital team. Danielle and David have extremely successful track records, so I have no doubt they will both be fantastic assets to the business.”
Fiduciam has also reduced rates, with its new product suite starting from 0.57% per month for bridge loans and non-ground up projects.
Searches in the buy-to-let (BTL) and residential sectors remained relatively stable from November.
Damien Druce said: “Our success last year has made us revise our longer term planning and it became clear that filling the role of financial director could not be delayed any longer.”
Users of CloudTwenty7 now have access to Together’s mortgage, secured and bridging loan products.
Andrew Gardiner, director of Saxon Trust, said: “We are delighted Stuart has joined us in the business to manage the credit and risk function as we enter an exciting growth phase.”
The new location will be the base for a number of business development managers with access to regionally-based underwriters.
Lendco’s existing book of buy-to-let, bridging and refurbishment loans will be migrated onto the Phoebus platform in Q1 2022.
Knowledge Bank said the increase in searches may be attributed to the end of the stamp duty holiday, with first-time buyers, who are largely exempt from stamp duty, now looking to capitalise on the reduced competition for new homes.
All the new starters will be working in bridging finance, buy-to-let, second charge and later life lending.