Category: Bridging

Ultimate Finance has reported its strongest first half performance on record having provided £750m to SMEs in 2019 so far.

Pidgeon (pictured) has more than 17 years of experience in the industry having held roles with Lloyds Banking Group, Woolwich Building Society, Molo Finance and Fleet Mortgages.

This reason for taking out a bridging loan contributes to a quarter of all lending in Q2 2019, which is a year-on-year increase of 22%.

Nigel Robbins will be BDM for the South West of England and Abby Challen for Central and Greater London.

The panel will support the firm’s UK north team, which covers all of Scotland, including the Highlands and islands.

Once completed, the work should see the value of the Monaco-based businessman’s property rise from  £10m to £12.5m.

The website’s new criteria search also includes a live API connection with Knowledge Bank, in conjunction with Dock9.  

Some 35 of these 54 live loans have had either administrators appointed over the company or receivers have been appointed over the property.

Bodie joins the specialist lender as corporate relationship director for the North West following roles with LBG, Lombard and CitiFinancial.

The deal will see the creation of a number of new properties at a former maltings and warehouse.