Category: Bridging
Brokers will be able to access Black & White directly, but for those using third-party distributors, Damien Druce, commercial director at Black & White, has recommended Loans Warehouse.
Aspen generated £150m in formal decisions in principle (DIPs) from January to April 2021, with the strong pipeline continuing throughout April and into May.
Hampshire Trust Bank (HTB) has promoted Andrea Glasgow to business development director.
Its 75% LTV product is now available at 0.75%, and its 70% LTV product is offered at 0.70%.
In addition to the new specialist lending panel, PMS and Sesame members also have access to two existing referral services for equity release business from Age Partnership and Key Partnerships, along with a self-build support packaging option from Buildloan.
Mint Property Finance has appointed Stephen Cunningham, Andy Dunn, Marc Williams and Lee Green.
West served two terms as a board director of the Association of Short-Term lenders (ASTL) between 2015-2019 and has held senior roles at lenders such as GE Capital.
Paul Goodman, chair of the NACFB, said: “At a time when some lenders have exited the market or scaled down their scope, it’s encouraging to see Black & White Bridging fully embrace the intermediary market.
The Shariah-compliant finance was to cover three existing facilities across three flats in SE18, including two one-bedroom flats and a two-bedroom flat, on a six-month term, with an LTV of 70%.
Knowledge Bank has found that brokers are searching for applications that will not leave a lasting mark on a client’s credit score.