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.
Nick Johns, sales director, Sarah Stroud, director, and Luke Egan, bridging and development director, all take up board positions and will run the business with managing director, James Rainbird.
Funding an investment purchase was the most popular use of bridging finance whilst the number of first charge bridging loans increased as buyers rushed to complete purchases.
The Annual Conference will be held as a virtual conference, enabling delegates to attend from wherever they have an internet connection.
Paradigm member firms will now have access to HTB’s range of specialist funding solutions including complex specialist buy-to-let and residential bridging.