Category: Commercial

Shawbrook has appointed Amanda Meadows and Shrena Patel as business development managers for its commercial mortgages sale team.

He has launched the firm alongside Matt Davies, who launched Empire Commercial Finance based in Chester in 2014.

Karen Bennett leaves Shawbrook

Bennett was managing director of the bank’s commercial property arm and has been an integral part of Shawbrook – for many years in a number of senior management positions before becoming managing director of the commercial property business

Brightstar Financial is inviting brokers to clear their desks of problem cases this Friday, with the launch of its first Clear Your Desks Friday online webinar.

The lender increased pre-tax profit by 29.2% to £121.7m, up from £94.1m in the first half of last year.

Connect for Intermediaries has appointed Gareth Norman as commercial lending specialist who will be offering classes to brokers from Connect’s offices in Essex, on the ins and outs of commercial lending.

The bank increased pre-tax profit by 17% to £91.8m and upped new gross lending by 17% to £1.44bn

The ban applies to non-residents, while those from Australia and Singapore are exempt due to free trade deals.

Specialist property lender Octopus Property will provide four commercial loans totalling £33.7m to borrowers in Birmingham, Derby, Manchester and Edinburgh.

Bridging and development lender Avamore Capital aims to focus on commercial cases more this year, Michael Dean, its principal and co-founder has revealed.