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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…
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…
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…
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…
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…
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…
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,…
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…
Email Sign Up For Our Free Weekly Newsletter The U.S. home-flipping business continued to lose some of its financial appeal in the second quarter as investors completed more deals than…
Bridging lender WSP Capital has completed £490,000 of auction finance at 75% loan-to-value, four days after issuing its formal offer. The borrower's existing lender changed its position late in the…