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Category: Bridging

Hope Capital is the latest firm to join the panel and will be expanding Optimum ELITE’s bridging finance options.

Charles Randell, chair of the FCA, said: “We accept all the recommendations that have been made to the FCA and we are profoundly sorry for the mistakes we have made”.

The lender has also reduced the minimum loan size on its second-charge products.

Gary Bailey Hope Capital loans

Hope Capital has partnered with Dynamo for Intermediaries and joined its lender panel. Hope Capital is the latest lender to join the panel and has…

Revolution

The application will streamline and automate the loan origination process.

Kensington mortgages funding

Avamore Capital has funded a £3.8m part-complete development scheme in Camden at a rate of 8.75% p.a.

The bridging market is showing encouraging signs of activity as investors look to add value or yield, according to the latest Bridging Market Bulletin from Shawbrook Bank.

The Association of Short Term Lenders (ASTL) has confirmed that former CEO Benson Hersch has sadly passed away. 

The bank will continue to apply the offer to all DIPs on term products issued by the close of business on 31 December.

The funding line will support the senior funding line Glenhawk secured with J.P. Morgan in March.