The latest sentiment survey from the Association of Short Term Lenders (ASTL) shows members continue to be confident about both the sector and their own businesses. ASTL found the majority (78%) of members expect their business turnover to grow, with two thirds (63%) expecting the same of the bridging finance sector as a whole. Members are also very positive about the ...
Alan Margolis has joined Masthaven Bank as director of credit and operations for the short-term lending side of the business. Alan has been appointed to the role as part of Masthaven’s ongoing expansion and brings more than 20 years of financial services experience, particularly within the short-term lending sector. Alan joins from Fintex Capital where he was real estate project ...
InterBay Commercial is extending its residential investment and commercial bridging finance proposition to its entire broker panel, following a successful trial in 2017.
United Trust Bank has reduced its minimum bridging loan to £75,000 for both regulated and non-regulated lending on a first or second charge basis.
Mint Bridging has launched its new brand and identity with an emphasis on handcrafting each loan to meet the borrowers’ individual requirements.
The sales and business development team at Mint Bridging has relocated to MediaCityUK, Salford so its business development managers have access to faster direct rail and motorways.
InterBay Commercial, part of specialist lending group OneSavings Bank, now provides residential and commercial bridging finance for property investors.
A new bridging directory website has been set up by a Falbros, a London-based mortgage and insurance broker.
The value of applications for bridging loans increased by 13.9% in the first quarter of this year, compared to the previous quarter; up 123% over the same three months in 2016.
Peer-to-peer lender Kuflink has received full authorisation from the Financial Conduct Authority for its P2P platform.