Category: Commercial

UTB has chosen Connect for Intermediaries to help it expand its distribution across its specialist mortgage and bridging lines. UTB will lend against many property types and will accept employed, self-employed and pension income.

Masthaven Bank funders Mark Pears and family came 45th this year, up four spots from last year. They’re now worth £3.3bn, £55m more than last year. The family owns 12,000 properties worth £8bn, through the Telereal Trillium firm.

April 2019 saw West One lend £80m across the month.

Experts in the specialist lending sector will be present to discuss trends and opportunities. The theme for this year’s event is based around pop festivals.

The borrower has secured planning consent to demolish the property and build 447 residential units, a mixture of for sale and private rented sector.

Selina is a digital mortgage lender, providing second charge business mortgages and property investment loans, offering business and investment loans from 4.95%.

Mario Berti (pictured), chief executive of Octopus property, is exiting the business following the formation of Octopus Real Estate.

Gates will work with the Sirius team to maximise opportunities its core markets of High Net Worth individuals and developers.

Secondly the FCA wants to change its rules to make it clear that tools which allow customers to search and filter available mortgages may not be giving advice.

These are derived from investing in carefully selected property companies, secured on quality properties with first charge security and in excess of 150% asset cover. This means every £100 loan for example, is secured against £150 of bricks and mortar assets.