Greater Palm Beach Luxury Home Market Sets Record as Wealth Continues to Flow In
Email Sign Up For Our Free Weekly Newsletter Palm Beach County's luxury housing market has already broken its annual record for $10 million-plus home sales, underscoring the resilience of South…
TAB funds Portobello Road acquisitions with £7m bridge
Commercial mortgage lender TAB has provided two connected bridging finance facilities totalling £7m to the same borrower, funding the purchase of two freehold commercial units on Portobello Road and the…
First-time landlord lands £160,000 buy-to-let loan after decline
Specialist lender Rely has provided a buy-to-let loan to a first-time landlord buying a London investment property after another lender declined the case. The landlord was purchasing a property valued…
£1.9m bridging loan funds five-apartment conversion in Bath
A developer is using a £1.9m refurbishment bridging loan from Aspen to convert a Grade I listed office building in Bath town centre into five residential apartments. Under the bridging…
£3.8m development finance backs 15-apartment Bath conversion
Paragon Bank has provided a £3.8m development finance facility to fund the conversion of a historic office building in Bath city centre into 15 private apartments. The lender's development finance…
U.S. Mortgage Rates Hit 7.28 Percent in October, a 3-Year High
Email Sign Up For Our Free Weekly Newsletter Iran War Fuels Added Inflation and Mortgage Rate Pressure According to Freddie Mac, U.S. mortgage rates surged to their highest level in…
STB funds £4.5m land bridge on 266-bed co-living site
Secure Trust Bank (STB) Business Finance has completed a £4.5m land bridge loan to take Greyfriars House, a co-living development in Reading, through Gateway 2 and demolition. The funding leaves…
£47.2m refurbishment finance backs City office overhaul
FRP has arranged £47.2m of refurbishment finance from a specialist debt fund for a 58,000 sq ft office building in the City, acting for a longstanding client. The facility refinances…
£930,000 residential bridge completed within 48 hours
Funding 365 has completed a £930,000 residential bridging loan within 48 hours of enquiry, helping a landlord avoid a 5% default fee from their previous lender. Introduced by Aureum Finance,…
£755,000 bridging finance refinances Somerset hotel
Brickflow has facilitated a £755,000 bridging finance refinance on an 18-bedroom hotel in Somerset. HBI Capital funded the loan, completing the case less than a month after joining the platform's…