Category: Loans
Together has provided finance for Fluent Money Group’s first short-term loan following its launch into the bridging market.
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.
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.”
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.
Tuscan Capital has completed a 130-property portfolio acquisition bridge in 21 days.
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).