The specialist distributor has set up a second charge division – First 4 Seconds.
The July Rightmove House Price Index and RICS Residential Market Survey together showed units are not being sold at the anticipated price or speed.
There were a few hurdles to navigate with this bridge, including the key risk that the premises is located on a train station.
The former Antoinette Hotel in Kingston upon Thames, South West London will be developed into 89 residential units, James Taylor’s second largest development to date.
Completions by value saw a 37% year-on-year increase, whilst the live loan book by value was up 96% from the same period in 2018.
Duncan has joined the bridging lender from UK Property Finance.
Whitehall Capital is a specialist bridging, short-term finance, auction finance and development finance provider.
The new corporate relationship director started his career at Together as a commercial underwriter.
The programme will cover a range of specialist sectors.
Other search highlights include ‘payday loan’ which featured for the first time in the second charge sector and interest-only.