Category: Bridging
The lender has reported June 2020 to be one of its best months on record.
The £450,000 loan helped an older couple secure the purchase of a downsized property, once the sale of their first property stalled.
MFS has remained open for business throughout the lockdown.
The loan was secured on a penthouse in the Pan Peninsula development in the City of London using the lender’s desktop valuations system.
As the property sector navigates a new way of working, BFS suggests that the auction property market should be taking advantage of technology.
The sessions aim to provide members with information from panel lenders, including their backgrounds, aims and the types of new business they are looking for.
Roma Finance’s AVM auction product will give investors the opportunity to gain a ceiling price for bidding.
Deborah Chaplain has been a consultant for the business for the last three months and now joins it on a permanent basis.
The bank launched its new criteria to reflect that the government’s COVID Alert Level being reduced to Level 3.
Shaid Luqman is believed to have fled from Manchester to Pakistan with millions of pounds in cash in June 2011.