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Category: Loans

Century Capital has completed its largest deal since lockdown, structuring a £9m gross facility for a Belgravia townhouse renovation.

Landbay has launched two large loan buy-to-let products, with loan sizes up to £2m.

Fiduciam has extended its operations in Northern Ireland with the granting of a CBILS loan to a wedding and conference venue.

key workers

The incentive will see all NHS staff from across the UK including doctors, nurses, support workers, porters and cleaners offered no packager fees for second charge mortgages and bridging loans.

mortgage approvals

The total volume of lending reached £71m in October, a £19m rise on September, according to Loans Warehouse.

Suros Capital has launched an alternative short-term lending facility, which is available through intermediaries.

New mortgage lending has reached £530m in the third quarter of 2020, according to The Co-operative Bank.

The total value of the 1,000 loans is estimated at £1bn and close to half of the loans (493) have already been redeemed.

BoE: Secured credit up in Q3

Lenders have predicted that the availability of secured credit will remain unchanged into Q4.

As part of the restructure Scott Thorpe (pictured) will step aside and be replaced by Andy Marsh.