4+ day, 4+ hour ago   (180+ words) Its first charge bridging rate now starts from 0.75% per month, down from 0.79% previously. Meanwhile, rates for second charge bridging, heavy refurbishment, semi-commercial and commercial lending now start from 0.85% per month. The Pears family, owners of property firm William Pears Group,…...

4+ day, 10+ hour ago   (180+ words) The performance took the bank's Financial Sponsors lending book above £1bn. Shawbrook’s Financial Sponsors team has deployed over £250m of incremental lending this year, marking its strongest first-half lending performance to date. The performance took the bank’s Financial Sponsors lending book above…...

5+ day, 10+ hour ago   (207+ words) Inspired Lending has cut bridging rates following increased Pears family backing, with first-charge now available from 0.75% per month. Inspired Lending has reduced its bridging rates following increased funding support from the Pears family, with new pricing available immediately. First-charge bridging…...

5+ day, 9+ hour ago   (276+ words) The new medium HMO product offers a five-year fixed rate of 5.99% at up to 75% LTV, with loans available from £200,000 to £5 million. It carries a 3% arrangement fee and a 1% exit fee. The category sits between Castle Trust Bank’s existing small HMO…...

6+ day, 10+ hour ago   (189+ words) Buckinghamshire Building Society has launched three 3-year discounted mortgage products across its Retirement and Credit Restore ranges. The Retirement 3-year discount is available up to 75% loan-to-value (LTV) at 5.09%, with a £999 product fee. The Credit Restore products are available up to…...

6+ day, 9+ hour ago   (220+ words) The products include a Retirement three-year discount mortgage at 5.09%, available up to 75% loan-to-value (LTV) with a £999 product fee. Two Credit Restore three-year discount products have also been introduced. The first is available up to 60% LTV at 5.49%, while the second is…...

6+ day, 10+ hour ago   (203+ words) The Society is encouraging brokers to consider three-year options when sourcing solutions for their clients. Buckinghamshire Building Society has launched three new three-year discounted mortgage products across its retirement and Credit Restore ranges. A new retirement product has launched at…...

6+ day, 11+ hour ago   (316+ words) Recognise Bank has completed a £9.9m bridging loan secured against commercial properties in London and Glasgow, allowing the borrower to refinance existing debt and progress its exit strategy. Recognise Bank has completed a £9.9m bridging loan to refinance existing debt secured against…...

2+ week, 5+ day ago   (345+ words) The 18-month facility enabled a civil engineering business to secure new premises Recognise Bank has completed a £1.836m bridging loan to support the acquisition of a new commercial site in Harlow. The 18-month serviced bridging facility was completed at 57% LTV and…...

2+ week, 6+ day ago   (436+ words) Hope Capital's named-contact model drives repeat business as its loan support team expands Hope Capital Property Finance has recorded its lowest ever loan default rate, with defaulted loans now resolved 30% faster than a year ago. Redemptions managed by the firm…...