Category: Second Charge
Masthaven said the investment along with its existing capital base, will enable it to significantly increase lending to consumers and SMEs over the next three to five years as well as provide innovative deposit solutions to its customers.
John Eastgate, who joined earlier this month from OneSavings Bank, is managing director of the newly created Property Finance Division.
It has also hired Sakina Yusufali as loan partner within the commercial and bridging department, taking over from Sutton who spent five years in the role.
In its Business Plan for 2019/2020, the FCA said it will identify lenders with these business models before looking into how customers are affected. It will then decide if and how it should take action.
Whether brokers have always wanted to complete a wildlife photography course in the Masai Mara, spend a week at the University of Cambridge Judge Business School or attend a triathlon training camp in California, UTB’s ‘Live and Learn’ promotion could help them to fulfill their ambition.
The FLA found a 24% year-on-year increase in February, something Wheeldon (pictured) said doesn’t tally with what he’s noticed.
Two years ago, Fluent Money’s head count had reached 100 but has now grown to 276, with all team members working from the head office building, based on the site of the old locomotive building works at Horwich, and the company plans for further expansion this year.
Under the terms of the latest agreement, the comprehensive VAS Panel database will be used on all commercial loan security valuations to ensure the most relevant third-party RICS-qualified surveyors are instructed based on location, deal type and value.
It has promoted sales advisor Ewan Duncan from sales advisor to business development manager and Luke Hosea from senior sales advisor to sales manager.