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Category: Loans

housing

Together has provided finance for Fluent Money Group’s first short-term loan following its launch into the bridging market.

MPs debate SDLT holiday

Housing Secretary Robert Jenrick, said: “Building your own home shouldn’t be the preserve of a small number of people, but a mainstream, realistic and affordable option for people across the country.

HMRC resi transactions

Saffron Building Society saw an 89% increase, £118.9m, in lending over 2020 when compared to 2019.

Jo Breeden, managing director of CSF, said: “We are resolute in our aim to become the most respected multi-channel distributor in the UK mortgage marketplace, and for this to be achieved we need a senior management team who can help us achieve this goal.”

HMRC resi transactions

Octane Capital has reported its most successful quarter on record for completions in Q1 2021, with £92m loaned, an increase of 121% on Q4 2020.

The lender has also removed its maximum purchase price, previously £2m, across its range of specialist mortgage products.

housing

Tuscan Capital has completed a 130-property portfolio acquisition bridge in 21 days.

Growth

Enra Specialist Finance has revealed its completions levels rose to £309m in Q1, up 37% on the same quarter last year at £225m.

Shawbrook Bank and Commercial Expert have completed a buy-to-let mortgage in seven days using its buy-to-let platform.

With the scheme set to end on 31 March, the finance industry, supported by the government, has collectively lent £22bn to UK small to medium enterprises (SMEs).