Bridging Loan Directory

Lender Spotlight is here and next up is Grosvenor Funding⭐️ Want to find out more? Click the link in the comments section. #bridgingfinance

"A successful leader listens, empowers, and stays adaptable. It’s about creating an environment where your team feels valued and motivated. For women leaders, empathy and resilience are particularly important. Women often bring a different perspective to the table, combining emotional intelligence with strategic thinking, which can be a real asset." Alex Upton Hampshire Trust Bank https://lnkd.in/dKfyqd9y #womeninfinance #leadership

In our latest Women in Finance Interview, Tony Sanchez speaks to Alex Upton, Managing Director, Specialist Mortgages & Bridging Finance at Hampshire Trust Bank. With over 20 years of experience in financial services, Alex has played a key role in driving HTB’s growth and establishing it as one of the most trusted names in specialist lending. Known for her collaborative leadership style, she is passionate about creating and nurturing an inclusive culture where innovation and teamwork thrive. https://lnkd.in/dKfyqd9y

The Right Mortgage and Protection Network has today (6th November 2024) added mortgage lender, Together - loans, mortgages & finance, to its lender panel. From today, The Right Mortgage’s AR member firms can access the full range of Together mortgages covering options for first-time buyers, remortgagors, home movers, plus options for the self-employed, buy-to-let, Right to Buy and shared ownership. Together offers a number of unique product criteria for personal mortgages including: benefits accepted up to 100%; gifted deposits accepted; non-standard properties accepted; Joint borrower Sole proprietor allowed; plus it recently launched a range of discounted rate mortgages. Together also have a dedicated portal for network and club advisers, providing access to its product quote engine, online applications, plus lending decisions from the lender covering three product areas: buy-to-let, consumer buy-to-let and residential mortgages. The Together intermediary website also includes residential and buy-to-let calculators https://lnkd.in/dQraQ4ec

“We are always looking to offer brokers greater flexibility and affordability options to their customers. By offering a choice on arrangement fees brokers can advise customers on wider options to reduce their monthly payments in order support their property ambitions.” Tanya Elmaz Together - loans, mortgages & finance https://lnkd.in/eS5pRfBi

Specialist development finance lender Atelier has today announced that it will be financing the modernisation and upgrade of a vacant purpose built care facility delivering 119 quality rooms. The £23.6 million, 30-month development loan will assist with the construction cost, providing a much-needed care facility in an area where demand currently exceeds supply. This development loan follows the provision of a £9.8m site acquisition bridge facility, which funded the purchase of the asset earlier in the year. This marks Atelier’s third transaction with the borrower, as demand for care accommodation continues to rise in London and across the UK. https://lnkd.in/dmN__BWh

Specialist lender Together - loans, mortgages & finance has introduced a further innovation to its product suite with flexible lender arrangement fees across a selection of commercial finance products. Choices on arrangement fees will be offered across Buy-to-Let mortgages, and Commercial Term loans allowing customers to benefit from a lower rate. The products will be offered to direct customers as well as Together’s intermediary, network and club and gold broker partners. This enhanced flexibility will enable brokers to view how adjusting arrangement fees affects the interest rates offered. For example, an unregulated Buy-to-Let two year fixed rate product with a 2.5% arrangement fee and interest rate of 8.49% could be adjusted to an arrangement fee of 5% with an interest rate of 7.49%. https://lnkd.in/eS5pRfBi

Sam Beaumont, Advisor at specialist capital advisory firm Arc & Co., has recently closed a £4.7m development loan for a ground-up development in

Sam Beaumont, Advisor at specialist capital advisory firm Arc & Co., has recently closed a £4.7m development loan for a ground-up development in Macclesfield. The award-nominated scheme is a 2.5-acre development “designed with sustainability at its heart” and comprises 15 new homes that will sit alongside a unique, flexible workspace, with both private offices and co-working space. A farm shop providing stalls for local, independent vendors will also form part of the project, a welcome addition to Henbury, according to residents at the public consultation. The 70% LTGDV facility is for a term of 20 months, priced at 5.65% plus base rate. The developer, a family business which has an impressive track record in the Northwest and which carries out all construction in-house, had not worked with a broker before engaging with Arc & Co., having previously dealt directly with lenders and therefore not experienced the value afforded by using an advisor. Sam proposed and secured a stretched senior option which suited the client better than a senior facility combined with a mezzanine loan. This structure meant fewer fees and one less party involved in the transaction. The chosen lender not only completed faster than the incumbent one could refinance the loan but was flexible in adding the borrower’s preferred valuer and PMS to its panel, a condition Sam negotiated on behalf of the client. https://lnkd.in/efAbg_st

Lender Spotlight is here and next up is Alternative Bridging Corporation⭐️ Want to find out more? Click the link in the comments section. #bridgingfinance